Hanoi (VNA), Oct. 23 -- Standard Chartered expects Vietnam's economy to grow by 3 percent in 2020 and surge to 7.8 percent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter of this year.

The forecast is highlighted in Standard Chartered's recently published Global Research report entitled "Vietnam - Q3 disruption, but recovery remains intact".

"Vietnam is one of the few Asian economies to have registered positive growth so far this year, despite the second wave of infections. We expect the fourth quarter growth to increase as domestic activity resumes and sentiment picks up. Improving services growth and infrastructure investment should help Vietnam outperform the rest of ...