Vietnam’s economy expanded at a steady pace in the first quarter, official data showed on Monday.

Gross domestic product grew 4.5 percent year-on-year in the first quarter, the same rate as seen in the fourth quarter.

The annual growth was largely driven by robust exports, which was up 22 percent. At the same time, imports advanced 26.3 percent.

The economy lost a little momentum in the first quarter due to a renewed virus outbreak, but with the latest wave quashed and most restrictions now lifted, the economy should bounce back strongly over the coming quarters, Gareth Leather, an economist at Capital Economics, said.

Data showed that consumer prices climbed at a faster pace of 1.16 percent in the first quarter from the same period last year.

The material has been provided by InstaForex Company –

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.