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Economy

Vietnam GDP grows 13.67% in Q3 on brisk exports to U.S.

Big leap also benefited from year-earlier contraction and consumer spending

Recovery in private consumption contributed Vietnam's double-digit growth in the third quarter.   © AP

HANOI -- Vietnam's economy as measured by gross domestic product grew 13.67% in real terms in the July-September period from a year earlier as exports to the U.S. surged, the government said on Thursday.

A sharp recovery in personal consumption also contributed to the first quarterly growth of more than 10% since 2009, when comparable data began to be compiled, according to the General Statistics Office of Vietnam.

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