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Vietnam’s outlook has GDP growth accelerating

Ho Chi Minh City | Vietnam, south-east Asia’s fastest-growing economy, reaffirmed its outlook for an expansion of as much as 6.5 per cent this year, as it expects activity to pick up from a slower-than-expected first quarter as risks from COVID-19 recede.

Gross domestic product will expand by between 6 per cent and 6.5 per cent this year said Le Trung Hieu, head of the GDP department at the nation’s statistics office. That would be the quickest pace in the region and the second-fastest in Asia-Pacific after India’s estimated 7.5 per cent, the Asian Development Bank said.

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    Original URL: https://www.afr.com/world/asia/vietnam-s-outlook-has-gdp-growth-accelerating-20220329-p5a941