Vietnam 2023 economic growth slows to 5.05%, missing government target – Business & Finance

HANOI: Vietnam’s economic growth slowed to 5.05% this year from an expansion of 8.02% last year, official data showed on Friday, weighed by weak global demand while public investment stalled amid an intensified anti-graft crackdown.

This year’s gross domestic product (GDP) growth was below a government target of 6.5% and lower than average growth of 5.87% during the previous decade,…