VN to be only country in region to attain positive growth in 2020: report

Việt Nam is expected to be the only Southeast Asian economy to achieve growth this year, with its GDP rising by a likely 2.3 per cent, according to a study by Oxford Economics. The Global Economic Outlook report said recovery prospects look brightest for Việt Nam, which had contained the Covid-19 outbreak very effectively until recently.

Economies which had convincingly contained the outbreak such as Thailand and Việt Nam would see a stronger recovery than Indonesia and the Philippines, which were battling new waves after restrictions were prematurely relaxed, the report said.

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