Vietnam’s GDP expands in Q4BloombergVietnam’s economic growth accelerated in the fourth quarter as manufacturing revived and exports extended their recovery from the COVID-19 pandemic slump earlier this year. GDP rose 5.22 percent in the fourth quarter compared with a year earlier, up from a revised minus-6.02 percent in the third quarter, the Vietnamese General Statistics Office said yesterday in Hanoi. That compared with the median estimate of 3.7 percent for the fourth quarter in a Bloomberg survey of 21 economists. Other details from the statistics office include: Exports rose 24.8 percent this month from a year earlier, while imports climbed 14.6 percent. Manufacturing rose 10.9 percent and consumer prices rose 1.81 percent this month from a year earlier.

Source: Taipei Times December 29, 2021 23:27 UTC