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Vietnam’s economic growth has been slowing since November 2022. This prolonged decline is unusual for Vietnam compared to previous crisis cycles. The Purchasing Managers’ Index has remained very low since then, at 46.4 points, slowly approaching 49 points in July and reaching 50.5 points last month, except for February this year during the Lunar New Year holiday.

United statesRepublic ofLe xuan nghiaFiscal affairs department paulo medasNational assemblyInternational monetary fundXuan nghiaState bankDivision chiefEconomic growthVietnams economic