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This is Asia’s top-performing economy in the Covid pandemic — it’s not China
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  • Vietnam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic contraction.
  • Government estimates showed the Vietnamese economy growing 2.9% last year from a year ago, better than China’s forecast-beating 2.3% growth during the same period.
  • Manufacturing was widely credited for Vietnam’s outperformance, with production growing on the back of steady export demand.
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