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Vietnam Economy Posts Double-Digit Growth on Manufacturing

  • GDP grows 13.67% reflecting bounce back from last year’s slump
  • Headline inflation jumps to highest in more than two years
Updated on

Vietnam’s economy posted a double-digit growth in the third quarter, helped by a rebound in manufacturing and a lower base in the year-ago period. 

Gross domestic product rose 13.67% in the three months ending September from a year earlier, the General Statistics Office said Thursday. That compared to a median estimate of 14.35% growth in a Bloomberg survey of economists, and a 6.02% contraction a year ago when the nation shuttered some factories as part of tough virus control measures.