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Vietnam 2022 growth forecast unchanged at 6 5%: ADB

The Asian Development Bank (ADB) has maintained its favourable economic outlook for Vietnam as it forecasts the country s gross domestic product to expand 6.5% in 2022 and 6.7% in 2023, based on the update of its flagship economic report released on September 21, according to Vietnam News Agency.

VIETNAM BUSINESS NEWS SEPTEMBER 22

Garment sector s local procurement rate up but challenges ahead | Business

The textile and garment industry's local procurement reached a record high rate of 57 % in the first eight months of this year, approaching the target of 60% set for 2025, Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex), said.

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