(Photo: Pixabay)
Global economic growth has slowed down, and Vietnam is no exception. Vietnam's GDP forecast is expected to grow by 5.05% in 2023, 1.45 percentage point below previous estimate. Despite this, there are bright spots in public investment and Foreign Direct Investment (FDI) projects; capital from China, Hong Kong, and Taiwan has flowed back into Vietnam, focusing on electronic components, renewable energy batteries, and auxiliary industries. Moreover, Apple’s supply chain gradually shifted to Vietnam becoming increasingly evident.
