Vietnam’s economy suffers record contraction in Q3

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HANOI, Vietnam (AFP) — Vietnam’s economy suffered its heaviest contraction on record in the third quarter, officials said Wednesday, after a devastating wave of Covid-19 forced the widespread suspension of manufacturing in the export-reliant country. Gross domestic product shrunk 6.17 percent on-year in the July-September period, with the general statistics office (GSO) saying it was the sharpest since the Southeast Asian nation began recording quarterly figures — reportedly in 1986. Vietnam was last year among […]