Vietnam economy grows at fastest pace for 11 years in Q2 of 2022

HANOI, July 1, 2022 (AFP): Vietnam's economy expanded in the second quarter at its fastest pace in 11 years thanks to a big rebound in exports and the lifting of punishing Covid-19 restrictions, authorities have announced.

Growth in the communist nation and manufacturing powerhouse had stuttered at around three percent for two consecutive years as the pandemic shut down most of the world and authorities imposed strict lockdowns.