Hanoi [Vietnam], December 20 (ANI/WAM): Vietnam, along with China and another Asian nations, is among the many 20 nations with the quickest financial progress during the last ten years, Vietnam News Agency (VNA) quoted Yahoo Finance as saying.
In its current article, the market news web site sourced information from the International Monetary Fund (IMF), contemplating the expansion in actual GDP for all nations during the last ten years to common the actual GDP progress charges.
It stated that with a median actual GDP progress price of 6.1% throughout 2012 – 2022, Vietnam ranks amongst these with excessive financial progress. The agricultural sector extremely helps the financial system by contributing to the GDP and employment.
Vietnam’s agro-forestry-fishery exports reached US$53.22 billion for the primary time in 2022, up 9.3% from the earlier yr. As a end result, its agricultural sector posted a commerce surplus of US$8.5 billion, accounting for over 75% of the financial system’s complete commerce surplus.
The article additionally cited Vietnam’s statistics, displaying that the US stays the largest marketplace for Vietnamese agro-forestry-fishery merchandise, with an import turnover of $13.3 billion, equal to 25% of the entire exports of these merchandise. It is adopted by China with greater than $10 billion (18.9%), Japan with $4.2 billion (7.9%), and the Republic of Korea with $2.5 billion (4.7%).
In phrases of continents, Asia made up 44.7% of the exports, the Americas 27.4%, Europe 11.3%, Oceania 1.7%, and Africa 1.7%.
The 5 nations with the best financial progress charges in 10 years is Guyana (South America) almost 15%; Ireland (Europe) over 9%; Ethiopia (Africa) 8.43%; Tajikistan (Central Asia) over 7%; and Cote d’Ivoire (West Africa) over 6.8%, in accordance with the writing.(ANI/WAM)