(VOVWORLD) - A morning newspaper in Hong Kong (China), ran an article assessing Vietnam's impressive economic growth in the second quarter of 2022.
 Illustrative photo (Source: VOV) |
The article said that, with the recovery of exports and domestic sales, Vietnam's economy has rebounded strongly in the second quarter. Vietnam’s gross domestic product (GDP) growth for the quarter was 7.72%, the biggest increase in 11 years. Vietnam's GDP growth for the first six months of the year should be 6.42%, far exceeding the government's expectation of 5.5%. In the same period last year, Vietnam only achieved a growth rate of 2.04%.
According to the article, since Vietnam lifted COVID-19 restrictions last year, domestic industries and factories have completely restored their production. In the first 6 months of this year, Vietnam's export turnover was 186 billion USD, 17.3% higher than last year.