The Bank said Vietnam's 13.7% GDP growth in the third quarter of this year is the strongest in Asia and surpasses India's 13.5% growth.
Vietnam's GDP grew 8.8% year-on-year in the third quarter and 6.4% in the first two quarters of the year.
Recovery was particularly visible in the service sector, in which accommodation and food services rose 41.7% and entertainment services 14.5% thanks to relaxed restrictions and the return of foreign visitors.
The construction sector expanded 8.6% year on year during the nine months, manufacturing 10.7%, and services 10.6%, according to the UOB.