Vietnam Q1 GDP up 4.48% y/y, underpinned by exports; records US$400mil trade surplus in March

A salesman waits for customers at a motorcycle and scooter showroom in Hanoi on March 29, 2021, as Vietnam’s economy continued to expand in the first three months of the year, officials said Monday. - AFP

HANOI, March 29 (Reuters): Vietnam's gross domestic product grew 4.48% in the first quarter of 2021 from the same period a year earlier, supported by robust exports, government data released on Monday showed.

The expansion of GDP compared with 3.68% growth in the first quarter of 2020 and 4.48% in the fourth quarter.