Source: Foundation for Economic Education
by Jake Scott
“For most economies, especially those in the West, a growth of 9.95% would be celebrated—but in Vietnam, it has caused legislators to go into a panic. Despite achieving the fastest economic growth since 2022, it has fallen short of a target set by Vietnam’s National Assembly in April 2026, of an average annual growth of at least 10% over the next five years. It is for this reason that Vietnam is banking on the new free trade agreement with the European Free Trade Area (EFTA) to provide the final boost.” (10/28/26)