Vietnam's 7.96% GDP surge caught traders off guard - here's why
Key Points
- Vietnam's Q2 2023 GDP surged by 7.96%, fueled by an 18% boos...
Vietnam just pulled off the economic equivalent of showing up to a potluck with homemade spring rolls while everyone else brought store-bought chips. The country's Q2 2023 GDP jumped 7.96% year-over-year, leaving the previous quarter's 6.93% looking like amateur hour.
The secret sauce? Export performance that climbed 18% to $116.93 billion, creating a trade surplus of $4.41 billion. That's the kind of numbers that make other emerging markets check their calculators twice.
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