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Bangkok Post
Bangkok Post
Business

RARE PHOTOS: Vietnam pulls off asia s fastest growth | Vintage Vibes

A vendor walks past a shop selling Christmas decorations in downtown Hanoi, Vietnam, on Dec 13, 2022. (Photo: AFP)

HANOI: Vietnam's economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise.

Gross domestic product rose 8.02% in the year to December, according to official data reported on Thursday. That was faster than the government's initial target of 6%-6.5% growth and was aided by a quicker-than-expected 5.92% expansion in the final quarter.

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