Vietnam Speeds Up Economic Recovery, Overtakes China’s Top Export City for Third Consecutive Year

Vietnam Speeds Up Economic Recovery, Overtakes China’s Top Export City for Third Consecutive Year
Containers are seen at the Dinh Vu port in Hai Phong, Vietnam, on Aug. 12, 2019. Nhac Nguyen/AFP via Getty Images
Kathleen Li
Updated:

One of the fastest recovering economies in the pandemic, Vietnam’s export growth is pulling away from Shenzhen, China, for a third year, after surpassing it for the first time in 2020.

According to data released on April 8 by Vietnam’s bureau of statistics, the country’s total export value for the first quarter of 2022 rose almost 13 percent to $88.58 billion, indicating Vietnam’s upward trend in exports.
Kathleen Li
Kathleen Li
Author
Kathleen Li has contributed to The Epoch Times since 2009 and focuses on China-related topics. She is an engineer, chartered in civil and structural engineering in Australia.
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