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29th Jun 2022 15:01Emerging Asia, Daily Monitor

GDP growth in Vietnam soared to 7.7% in Q2, from 5.0% in Q1, beating our above-consensus forecast.

The jump is misleading, though, as base effects flattered, while industry was the lone bright spot.

Momentum is ebbing, heading into Q3, but this is unlikely to be perceptible in the official GDP data.

exporters exports gdp growth gdp report industrial sector labour labour market m2 q1 q2 q2 gdp q3 q4 service sector trade trade data unemployment

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