HANOI – Vietnam on Thursday reported faster economic growth in the second quarter, driven by the services sector, despite a slump in trade that analysts say could signal a slowdown ahead. Vietnam, a regional manufacturing hub, has been trying to prop up its economy amid slowing global demand, with the central bank cutting its policy rates four times so far this year and lawmakers extending a cut in value added tax. Gross domestic product (GDP) in the second quarter grew 4.14 percent from a year earlier, faster than the 3.

https://business.inquirer.net/407678/vietnam-q2-gdp-growth-accelerates-but-slowdown-looms

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