Vietnamplus

The Philippines’ gross domestic product (GDP) grew at a faster-than-expected pace of 7.6% in the third quarter of 2022, according to the Philippine Statistics Authority (PSA).

The Philippine economy is likely to experience the first annual contraction in more than two decades this year due to the COVID-19 pandemic before it pulls back up for a U-shaped recovery in 2021.

Manufacturing and processing were the major contributor to Vietnam’s gross domestic product (GDP) growth of 7.08 percent in 2018, the highest level in 11 years, according to the General Statistics Office (GSO).

The total revenue from retail sales and services reached 3.93 quadrillion VND (174.85 billion USD) in 2017, surging 10.9 percent year-on-year, according to the General Statistics Office (GSO).

The Lao government has set the goal of achieving a 7 percent gross domestic product (GDP) growth by 2018, said the Vientiane Times on September 12.