Viet Nam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic recession at a time when many economies globally were weighed down by the coronavirus pandemic.
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.
Good control of COVID-19 is an important basis for Vietnam's economic growth in 2020. Vietnam's success in fighting the epidemic is highly appreciated by the international community.
Bank of America Global Research forecasts that Vietnam's economy will continue to grow strongly this year, with a growth rate of 9.3% - a much higher number than the 6.7% growth forecasted by the World Bank (WB)./.
