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US recovery ripple effect for Vietnam


US recovery ripple effect for Vietnam
08:46 | 20/05/2021
Along with many nations, the US economy is recovering, leading to a rise in the demand for goods imported from Vietnam amid the two economies witnessing their heyday in bilateral trade and investment ties on the back of various motives, including a huge recently-enacted fiscal scheme initiated by the US government.
Recent growth in Vietnamese exports is partly being helped by economic recovery in the US. Photo: Le Toan
The rapid pace of vaccinations and massive scale of fiscal stimulus spending will push the global economy, including the American economy, to recover strongly, the Organisation for Economic Co-operation and Development (OECD) said in its Economic Outlook Interim Report on strengthening the recovery released a few weeks ago. ....

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