Vietnam First Quarter GDP Growth Slows to 7.83 Percent
Vietnam's Q1 GDP grew 7.83 percent as oil disruptions from the Iran war pressured the economy. High fuel costs led to a trade deficit and rising inflation.
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Vietnam experienced a deceleration in economic growth during the first quarter of 2026, as significant reliance on energy imports from the Middle East pressured domestic activity. According to data released by the National Statistics Office on Saturday, gross domestic product (GDP) expanded by 7.83% year-on-year for the January–March period. This figure represents a slowdown from the 8.46% growth recorded in the final quarter of the previous year, though it remains higher than the 7.05% expansion seen in the first quarter of 2025.
