Vietnam exports to US surge
By Thuy Tien  April 1, 2021 | 11:59 am GMT+7
Vietnam’s economy is returning to solid export-fueled growth that is likely to continue thanks to the U.S. fiscal stimulus, according to the Wall Street Journal.
Tan Cang - Cai Mep International Terminal in the southern Ba Ria-Vung Tau Province. Photo by Shutterstock/Hien Phung Thu.
Its GDP grew at 4.48 percent year-on-year in the first quarter of 2021, according to the General Statistics Office of Vietnam.
Vietnam’s exports in the first two months of 2021 jumped 23.7 percent year-on-year to $48.74 billion, of which 28.4 percent went to the U.S.
The U.S. newspaper said: "The American share of Vietnam’s overseas sales has risen considerably." The U.S.’s share of Vietnam’s exports has indeed increased by around 9 percentage points in the last two years.