HANOI, Vietnam — Vietnam's economy grew by more than 6% in the first half of 2024, government figures showed Saturday, as analysts said more reforms are needed to further boost the economy.
Industrial production was up 7.5%, while foreign investment increased by 8.2% compared to the same period last year, the new figures showed. Despite such improvement, an International Monetary Fund analyst said Vietnam "needs a new wave of reforms" following a visit to the country late June. Union Bank of the Philippines has named an heiress of the Aboitiz clan to succeed outgoing president and CEO Edwin Bautista...
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