Vietnam beat China to become Asia’s top-performing economy


Source: retailnews.asia retailnews.asia

Key Topics in this News Article:

News Snapshot:

AirAsia expects to resume flying to most routes by the end of 2021 Vietnam outperformed its regional peers, including China, to become the top-performing economy in Asia in 2020. Though some economies have not yet reported fourth-quarter numbers, estimates compiled by the U.S. broadcaster from official sources and multilateral institutions like the International Monetary Fund found Vietnam was one of only three economies in Asia to achieve growth last year along with Taiwan and mainland China. The Vietnamese government estimates the economy grew at 2.9 percent last year compared to China’s 2.3 percent growth. All other major economies such as...