Vietnam maintains economic recovery momentum: WB

(VOVWORLD) - Vietnam's economy is maintaining its resilience and recovery momentum, the World Bank said in its Vietnam macroeconomic update for March. 
Vietnam maintains economic recovery momentum: WB - ảnh 1                   Illustrative image (Photo: VNA)

According to the report, available data show domestic economic activities continuing to recover, with industrial production up 8.5% over the same period last year, and retail sales of consumer goods and services up 3.1%, despite a recent spike in COVID-19 infections.

Although energy prices rose, inflation has been contained, thanks to relatively stable food prices. The budget surplus was 1.1 billion USD in February, although budget expenditures increased, the World Bank said. 

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