<\/p>\n
Vietnam’s economic growth accelerated in the second quarter compared to the first, government data showed on Friday, but its trade deficit widened to a record over the first six months after a surge in imported fuel costs.<\/p>\n
Gross domestic product (GDP) in the April-June period rose 8.39% from a year earlier, faster than the revised 7.94% expansion in the quarter ending in March, the National Statistics Office (NSO) said in a report.<\/p>\n
The Southeast Asian manufacturing hub is targeting economic growth of more than 10% this year, supported by stronger infrastructure spending, but its ambitious plans are at risk of being derailed by the impact of the Iran war.<\/p>\n
“In the first six months of 2026, the global situation continued to evolve in a complex, uncertain and increasingly unpredictable manner,” the NSO said.<\/p>\n
The agency said Vietnam would need to raise growth to 11.7% in the second half of the year to meet its annual target.<\/p>\n
The statistics office added that global inflation was accelerating, financial market conditions were more restrictive, and “global economic growth showed signs of slowing”.<\/p>\n
The warning came a day after the country’s central bank said that global risks were putting pressure on its policy management and creating mounting inflationary pressures.<\/p>\n
Exports of goods rose 28.1% in June from a year earlier to US$50.79 billion, while imports soared 45.2% to US$53.43 billion, resulting in a trade deficit of US$2.64 billion.<\/p>\n
This brought the trade deficit for the first half of this year to a record US$16.65 billion, compared with a trade surplus of US$7.95 billion in the same period last year, with the country paying higher prices for imported fuels.<\/p>\n
Imports of crude oil in the first half fell 14.2% in volume, but were up 17.7% in value, according to the report. Imports of refined fuels rose 9.6% in volume and 73.5% in value.<\/p>\n
Industrial production in June rose 12.7% from a year earlier, while retail sales were up 14.8%, according to the NSO.<\/p>\n
Foreign investment \u200binflows in the six-month period rose \u200b11.2% from a year earlier to US$13 billion, the NSO said.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Vietnam’s economic growth accelerated in the second quarter compared to the first, government data showed on Friday, but its trade deficit widened to a record over the first six months after a surge in imported fuel costs. Gross domestic product (GDP) in the April-June period rose 8.39% from a year earlier, faster than the revised […]<\/p>\n","protected":false},"author":1,"featured_media":6328,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/07\/Vietnam-44-1040x445.webp",1040,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/07\/Vietnam-44-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/07\/Vietnam-44-300x199.webp",300,199,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/07\/Vietnam-44.webp",1040,690,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=6327"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6327\/revisions"}],"predecessor-version":[{"id":6329,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6327\/revisions\/6329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/6328"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=6327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=6327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=6327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}