BloombergVietnam’s economic growth slowed in the fourth quarter amid weakening global demand and US-China trade tensions. “We’re coming from a higher base so it will be difficult” for Vietnam to keep up this pace, he said. “The real questions are around what 2020 will mean for Vietnam if US-China trade relations stabilize.”Exports rose 10.1 percent last month compared with a year earlier, while imports climbed 11 percent. Compared with the third quarter, exports contracted 4.6 percent, dragging down the fourth-quarter GDP figure, the office said. “Trade disputes between major economies could undermine export momentum over the short term, while Vietnam’s economy remains susceptible to a further slowdown in the global economy through trade and investment channels,” the World Bank said in its economic report released on Tuesday last week.
