Vietnam’s economy has recovered quickly despite external uncertainties and extensive damage caused by Typhoon Yagi, which has greatly affected all socio-economic activities and people’s lives.
The manufacturing sector recorded a return to growth right from the outset of 2024, with activities expanding in February fueled by increases in both volume and orders, experts from S&P Global said.
The industrial production and trade of Hanoi has been on a recovery trend from the beginning of the year, driven by the capital city’s policies of reopening business activities after months of closing down to fight the pandemic.
Vietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund (IMF) in the country.