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ADB trims Vietnam’s 2021 growth outlook to 3.8 per cent

Vietnam’s economic growth is expected to slow down due to a resurgence of Covid-19 that has tightened the labor market, lowered industrial output, and disrupted agricultural value chains, according to latest report released by the Asian Development Bank (ADB).

Key for Vietnam's economic recovery

A fast vaccination roll-out will help Vietnam quickly re-open up its economy after the novel pandemic.

Vietnam economy will persist at least through the third quarter: HSBC

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.

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