News / Alert for cargo even as Vietnam becomes SE Asia's fastest-growing economy

Backed by booming exports, Vietnam is on track to become South-east Asia’s fastest-growing economy this year – but there may be choppy waters ahead for cargo.

In stark contrast with China, Vietnam’s GDP grew at the fastest rate in 12 years during the first nine months of the year, and is set to post 8.5% growth for 2022, according to estimates.

Earnings from exports increased 17.8%, to $265.3bn, as of 15 September, according to the ministry of industry and trade, which attributed ...