By Khanh Vu
December 29, 20237:59 AM GMT Updated 7 days ago
HANOI, Dec 29 (Reuters) – Vietnam’s economic growth slowed to 5.05% this year from an expansion of 8.02% last year, official data showed on Friday, weighed by weak global demand while public investment stalled amid an intensified anti-graft crackdown.
This year’s gross domestic product (GDP) growth was below a government target of 6.5% and lower than average growth of 5.87% during the previous decade, according to data released by the government’s General Statistics Office (GSO).
Vietnam is a regional manufacturing hub that relies heavily on trade. Exports in 2023 fell 4.4% from last year to $355.5 billion, with shipments of smartphones, its largest foreign currency earner, dropping 8.3%, the GSO said in its report.
Tiếp tục đọc “Vietnam 2023 economic growth slows to 5.05% as exports fall”
At the end of the Vietnam War, agriculture in Vietnam employed around 75 per cent of the total workforce and produced roughly 10 million tons of rice, the country’s staple. The majority of Vietnam’s population of 50 million was significantly undernourished. Agricultural recovery was slow, blocked by the government’s collectivisation policies. Formal reform efforts through Directive 100 in 1981 partially freed up agricultural markets. They accelerated with doi moi (renovation) in 1986 and the Law on Land in 1988. The latter granted land use rights to households and stimulated a dramatic response from farmers. 
Hồ sơ phá sản Sears hồi năm ngoái đã gây ra cơn lũ chỉ trích các nhà lãnh đạo hiện tại của hãng. Nhưng những vấn đề đã hạ bệ cựu danh thủ trong top 500 công ty lớn nhất Hoa Kỳ – Fortune 500- phải tính trở lại từ thời kỳ Eisenhower. Đây là những gì các nhà lãnh đạo có thể học được từ sự sụp đổ từ từ của một biểu tượng 
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