News Snapshot:
Vietnamese economy accelerates thanks to recovering manufacturing: Asia Perspective Automobile manufacturing at Hyundai Thanh Cong factory (Photo: VNA) The US independent management consultancy Asia Perspective has published a report on the Vietnamese economy, which highlighted that in the fourth quarter of 2020, Vietnam posted rapid growth thanks to the recovery of manufacturing. According to the report, the country’s economic expansion in Q4 was mainly driven by the manufacturing sector which expanded 8.63 percent compared to the year before. As the spread of COVID-19 was effectively controlled in Vietnam, and the Free Trade Agreement with the European Union came into effect,...
