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Vietnam’s economy to grow 4.7 pct in 2023: report

HANOI, Dec. 27 (Xinhua) — Vietnam’s economy will grow 4.7 percent in 2023 and 5 percent in 2024, according to the latest economic insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics.

It forecasted a bright medium-term outlook for the country’s economy, but the overall growth will still be well below the pre-pandemic trend of 7 perce