HANOI -- Vietnam's economy expanded 5.05% in 2023, missing the government's official growth target of 6.5%, as the Southeast Asian export hub suffered from slowing overseas demand.
Southeast Asian manufacturing hub's GDP expansion weighed by drop in export orders
Workers at a private garment factory in Hanoi. Vietnam's export-driven economy has been slowing. © Reuters
HANOI -- Vietnam's economy expanded 5.05% in 2023, missing the government's official growth target of 6.5%, as the Southeast Asian export hub suffered from slowing overseas demand.