(VOVWORLD) - Although the worst in three decades, Vietnam’s 2.91% growth this year was a notable success in the context of the COVID-19 pandemic that is ravaging the world, according to foreign media.
 A yarn production line in Phu Tho province. (Photo: VNA) |
The BBC said the growth surpassed the World Bank’s October prediction of 2.8% for Vietnam.
Singapore’s Business Times and UK news agency Reuters said strict quarantine and tracing enabled Vietnam to quickly contain COVID-19 outbreaks and allowed local economic activities to resume sooner than in other Asian countries.
The UK's Daily Mail noted that Vietnam has long been one of the fastest growing economies in Asia. Despite a sharp decrease in growth this year, Vietnam saw many positive signs that its economy has avoided the worst effects of the global recession.
Mass quarantines, extensive exposure tracking, and tight travel restrictions have allowed factories to stay operational and people to quickly get back to work, the Daily Mail said.