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Vietnam’s quarterly GDP grows fastest in 4 years as exports boom
HANOI: Vietnam’s gross domestic product grew 9.95percent in the third quarter from a year earlier, the fastest quarterly growth since the COVID pandemic, and accelerating from a revised expansion of 8.81percent in the second quarter, government data showed on Saturday. Growth in the July-September quarter was driven by strong exports and robust investment in infrastructure, but remains short of the country’s full-year growth target of above 10percent. The export-reliant economy has faced rising import costs this year due to the Iran war, with the trade deficit in the first nine months of this ...
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