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Economy

Vietnam rides on Samsung's coattails

GDP rebounds as South Korean giant's business recovers

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A Samsung Electronics plant in northern Vietnam.   © Reuters

HANOI -- Vietnam's economic growth picked up in the three months through June thanks largely to a recovery in Samsung Electronics' exports.

The Southeast Asian nation's real gross domestic product climbed 6.2% on the year for the quarter, according to government figures released Thursday. This puts growth back above 6%, after a dip to 5.1% in the January-March period.

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