Vietnam: Top performing Asian Economy

Vietnam: Top performing Asian Economy

Vietnam is likely the top-performing Asian economy in 2020, a feat that was achieved without a single quarter of economic contraction, at a time when many economies globally were weighed down by the coronavirus pandemic. Not every Asian economy, has reported fourth-quarter and full-year economic numbers. But estimates compiled from official sources, — where available, — and institutions such as the International Monetary Fund showed Vietnam outperforming all its regional peers last year. The Vietnamese economy grew 2.9% last year from a year ago, according to government estimates released in late December. That’s better than China’s forecast-beating 2.3% growth during the same period. According to an economist from Bank of America Global Research, Vietnam has delivered one of the highest growth rates in a year where the rest of the world were in deep recessions. Sources of General Economic Information Ministries Vietnam Ministry of Trade Vietnam Ministry of Planning and Investment Statistical Office General Statistics Office of Vietnam Central Bank State Bank of Vietnam Stock Exchange Ho Chi Minh Stock Exchange Hanoi Stock Exchange Economic Portals Vietnam Economic Portal https://www.worldbank.org/en/country/... https://www.cnbc.com/2021/01/28/vietn... https://www.vietnam-briefing.com/news... https://www.nordeatrade.com/en/explor...