Vietnam defies Asia's economic gloom

While several Asian economies have been struggling, Vietnam is charging ahead.

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Vietnam: not just a cheap version of China
(Image credit: Credit: PhotoRoman / Alamy Stock Photo)

While several Asian economies have been struggling, Vietnam is charging ahead. The economy grew by an annual 6.9% in the third quarter of the year. For now, Vietnam "is defying the stress in emerging markets as regional rivals grapple with trade war risks and a stronger dollar", says Sri Jegarajah on CNBC. Vietnam's economy is dependent on exports too, but its "geographical proximity to China and its historically strong political and economic links with Beijing are paying dividends".

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.