Vietnam’s Q3 economic growth picks up

Strong growth: Street vendors are seen at a street in Hanoi. Vietnam’s economy expanded at its fastest pace this year, and growth in the first nine months was its highest since 2010. — EPA

HANOI: Vietnam’s economy grew 6.81% in the third quarter from a year earlier, accelerating from 6.47% in the previous quarter, the government said, fuelled by strong exports and manufacturing and record foreign direct investment.

The economy expanded at its fastest pace this year, and growth in the first nine months was its highest since 2010, defying the chill from a slowdown in China and much of the rest of Asia.