Vietnam's industrial sector reports 9% YoY growth in 2022
30 Dec 22 1 min read
Major shortcomings such as being overly reliant on imports of raw material, sub-par productivity and efficiency, however, continued to plague the country’s industrial sector’s development.
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In 2023, Vietnam industrial sector’s targets include keeping a growth rate at 8-9 per cent, bringing manufacturing industries' share of total GDP to over 25 per cent, increasing total import/export turnover by 6 per cent, and maintaining a trade surplus.
Fibre2Fashion News Desk (DP)
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