AFP, Hanoi :
Vietnam’s economy expanded more than five percent in the first three months of the year, the government said Tuesday thanks to a pick-up in exports as the country emerges from the worst of the global pandemic, though officials warned of headwinds.
The communist state has long been a success story among Asian economies, posting growth of seven percent in 2019. But growth came in at just 2.9 per cent in 2020 as the pandemic shut most of the world down, while last year saw just 2.6 per cent expansion. The figures were the worst the country has experienced since the mid-1980s. However, the General Statistics Office said gross domestic product came in at 5.03 per cent on-year.
