Vietnam GDP grows 5.03% in first three months of 2022

Exports rise 14% but spike in material costs remains a concern

Vietnam GDP main

Vietnam's growth was lead by exports mainly to the U.S. in the first quarter. © Reuters

TOMOYA ONISHI, Nikkei staff writer

HANOI -- Vietnam's economy expanded by 5.03% in real terms in the first quarter compared with the same period a year earlier, the General Statistics Office said Tuesday.

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