HÀ NỘI - Việt Nam's economy has gone through one-third of the 2024 yearly plan and achieved some remarkable results, showing clear recovery momentum through the growth of important pillars. According to the General Statistics Office (GSO), industrial production continues its positive growth pace. Retail sales and services revenue totalled VNĐ2.06 quadrillion ($81.06 billion), up 8.5 per cent year-on-year. Of the total, the export turnover hit $123.6 billion, up 15 per cent year-on-year. The increase in the VNĐ/US$ exchange rate creates inflationary pressure and can inhibit economic growth.

Source: Viet Nam News May 11, 2024 18:26 UTC