China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data 
Global Financial Firms Shift Asia Expansion Focus to South Korea as China, India Face Caution 
U.S. Stocks End Q2 Higher as Strong Jobs Data and AI Rally Lift Wall Street 
China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth 
Oil Prices Rise as U.S.-Iran Talks Keep Geopolitical Risks in Focus 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Gold Price Drops to Eight-Month Low as Fed Rate Hike Bets Weigh on Bullion. Source: Photo by Michael Steinberg via Pexels 
Argentina Economy Shrinks 1.5% in April, Recovery Under Milei Loses Momentum 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Oil Prices Slip as U.S.-Iran Peace Talks and Strait of Hormuz Risks Keep Markets on Edge 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Wall Street Futures Rise Ahead of JOLTS Data, Nike Earnings, and U.S.-Iran Talks 
Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage 
Vietnam Sets Ambitious Economic Growth Target for Q4 2024
Vietnam is striving for robust economic growth in the final quarter of 2024, intending to expand its GDP by 7.6%-8%, according to the country's planning minister. This goal aligns with the government's commitment to maintain its full-year target of 7% growth.
Q3 Economic Performance Highlights Resilience
Government data released recently shows that Vietnam's Gross Domestic Product (GDP) grew by 5.33% year-on-year in the third quarter. This rate surpassed the 4.05% expansion of the second quarter, showcasing the country's resilience in the face of challenges, including natural disasters that impacted the economy last month.
Focus on Sustained Economic Momentum
The positive performance in Q3 strengthens confidence in meeting the 7% growth target for 2024. Despite external economic pressures and internal challenges, Vietnam's economy remains on a strong upward trajectory, contributing to its position as one of the fastest-growing economies in Southeast Asia.
Conclusion
Vietnam’s strategic focus on boosting economic growth is evident as it aims for a 7.6%-8% GDP expansion in Q4 2024, staying on track to meet the annual growth target. The Q3 growth demonstrates the country's resilience and continued economic momentum.
