Vietnam's economy saw a record GDP growth of 7.09% in 2024, fueled by exports and investments.

Vietnam's economy surged in 2024, with GDP growth reaching 7.09%, up from 5.05% in 2023, driven by strong exports and foreign investments. The fourth quarter saw a 7.55% growth, with exports up 14.3% to $405.53 billion, led by electronics and garments. Imports rose 16.7% to $380.76 billion, creating a trade surplus of $24.77 billion. Despite aiming for 6.5%-7% growth in 2025, Prime Minister Pham Minh Chinh targets an 8% expansion.

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