Economics
Vietnam’s Economic Growth Accelerates on Industry, Exports
- GDP growth quickens to 2.62% after second-quarter trough
- September exports, imports both beat economists’ estimates
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Vietnam’s economic growth accelerated in the third quarter as exports and manufacturing began recovering from the pandemic-induced slump of the first half of the year.
Gross domestic product rose 2.62% from a year earlier, up from a revised 0.39% in the second quarter, the General Statistics Office said Tuesday. The median estimate in a Bloomberg survey of five economists was for growth of 2.7%.