Vietnam outperformed its Southeast Asian counterparts in export growth last year, surpassing manufacturing hubs like Malaysia and Thailand. The country benefited from supply chain shifts away from China, solidifying its position as a key player in global trade.
This report came through official data analyze of 2024 trade trends across five major ASEAN economies: Vietnam, Malaysia, Thailand, Indonesia, and the Philippines. Singapore was excluded due to its significant transit trade, making direct comparisons less feasible.
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