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Update news vietnam economic recovery
Such growth rate, while remaining lower compared to the 12.7% recorded the previous year, was an encouraging sign for the business community amid global retail market suffering plunge in revenue during the pandemic.
Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong.
The aftermath of the global health crisis may drive Vietnam to a lower-than-expected economic growth landscape, challenging the government’s efforts to revive the economy and restore production.