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Vietnam Q1 GDP grows 4.5% on rising exports to US

Smartphones and PCs lead growth as companies continue to move from China

A manufacturer works at an assembly line of Vingroup's Vsmart phone in Hai Phong, Vietnam.    © Reuters

HANOI -- Vietnam's National Statistical Office said on Monday that real gross domestic product rose 4.48% from a year earlier in January-March.

First-quarter growth remained the same as the fourth quarter last year, which stood at 4.48%. However, this year's first quarter was up from the 3.68% recorded in the first quarter of 2020.

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