Vietnam’s gross domestic product (GDP) grew by 13.67% in the third quarter, according to the General Statistics Office (GSO).

Vietnam’s gross domestic product (GDP) expanded 5.64 percent in the first half of this year, the General Statistics Office (GSO) announced on June 29.

Vietnam’s economic growth rate this year would reach 3.8% if there is no second COVID-19 outbreak in the second half of the year and economic activities gradually resume.

Vietnam’s GDP rose by 7.31% in the third quarter of this year, contributing to raising the nine-month GDP to the highest level over the past nine years, signaling that Vietnam's economy can make a breakthrough.

Vietnam’s growth is exceeding expectations, prompting economists and researchers to revise forecasts for the nation in the near term, while remaining cautious due to fears of a global economic recession.

The growth of gross domestic product (GDP) should not be relied on calculation methods but on real increases in accordance with growth models which best suit economies on a case-by-case basis