Economics
Vietnam Economy Remains Outperformer as Growth Tops 7% Mark
- Manufacturing output surges on the back of electronics exports
- Exports jump 13.8% y/y in 2018, while imports rose 11.5%
Buildings stand illuminated at night in Hanoi, Vietnam.
Photographer: Maika Elan/BloombergThis article is for subscribers only.
Vietnam’s growth accelerated in the fourth quarter, as stronger manufacturing output helped the economy remain one of the world’s best performers.
Gross domestic product grew 7.3 percent in the three months through December from a year earlier, and was up from a revised 6.82 percent in the previous quarter, the General Statistics Office said in Hanoi Thursday. Economic growth for the full year was 7.1 percent, compared with the median estimate of 6.9 percent in a Bloomberg survey of 12 economists.