Hanoi, Vietnam, Jan. 13 -- This is the second-fastest growth rate in 15 years, likely placing Viet Nam as the growth champion, not only in ASEAN, but also in Asia, in 2025.
The bank noted that while 2025 was all about the on-and-off tariff shocks, Viet Nam's trade flourished to a record high of US$928 billion, a 18 percent year-on-year increase.
Export growth is still much stronger than others at a pace of 30 percent year-on-year on a 3-month-moving-average basis.
Remarkably, Viet Nam's electronics exports now account for 35 percent of its total export basket, jumping from only 5 percent in 2010. Meanwhile, its textiles and footwear exports fell from its peak of 30 percent in 2005 to a little over 10 percent now, reflecting the nation's ...