GOLDILOCKS
We expect Viแปt Nam’s export orders to continue increasing in the months ahead due to the surprising strength of the US economy, as evidenced by the highest level of US consumer confidence since the COVID reopening boom.”
"The resulting broad-based economic recovery (in exports, manufacturing, and consumption) should boost earnings for a range of listed stocks, enabling active managers to outperform the broader stock market."
Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward.
At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.
© Goldilocks
https://vietnamnet.vn/en/vietnam-export-recovery-gains-momentum-2252714.html
https://globaledge.msu.edu/countries/vietnam/tradestats
https://www.investopedia.com/ask/answers/041515/how-does-balance-trade-impact-currency-exchange-rates.asp#:~:text=If%20a%20country%20exports%20more,the%20currency%20appreciates%20in%20value.
