The economy grew by 4.72 per cent and 6.73 per cent in the January-March and April-June periods before shrinking by 6.02 per cent in the third quarter.
Business activity has been bustling again in the past few months and consumer confidence is gradually returning despite many obstacles as workers have not returned to factories, a Vietnamese newspaper reported.
In particular, the purchasing managers’ index, which reflects the confidence level of manufacturers, rose to 52.2 in November. This shows that business conditions have improved for the second consecutive month after a period of decline due to the fourth outbreak starting in April 2021.
ALCHEMPro News Desk (DS)
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