Vietnam growth to be highest in ASEAN-5: IMF

Workers make sandwiches in Ho Chi Minh City on October 12, 2021. Photo by VnExpress/Quynh Tran

Vietnam's GDP is set to grow by 3.8 percent this year, the highest rate among the five major Southeast Asian economies, the International Monetary Fund forecast.

Indonesia, Thailand, the Philippines, and Malaysia are likely to achieve growth of 3.5 percent or less.

Last year the four countries reported negative growth, while Vietnam grew at 2.9 percent.

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