Vietnam's growth slides to new 30-year lowThis file photo taken on March 31, 2021 shows a woman riding her bicycle past shops beneath a residential building in Hanoi. Vietnam reported economic growth of just 2.58 percent on Wednesday, beating a 30-year low set last year as the pandemic continues to take a toll. (AFP)Vietnam reported economic growth of just 2.58% on Wednesday, beating a 30-year low set last year as the pandemic continues to take a toll. The communist state has long been a success story among Asian economies, posting growth of seven% in 2019. But shutdowns caused by coronavirus have battered the export-reliant economy, sending GDP growth plunging to 2.91% in 2020 -- the lowest reported in three decades.

Source: Bangkok Post December 29, 2021 18:04 UTC