Macro Update - Vietnam achieves solid growth despite re-emergence of COVID-19
  • 2021-04-07T22:02:14
  • Macroeconomics
Vietnam achieved 4.48% GDP growth in Q1 2021 despite the re-emergence of COVID-19 community spread. The re-emergence of COVID-19 community spread in late January slowed the economy’s growth; however, Vietnam still achieved GDP growth of 4.48% YoY in Q1 2021 (vs 3.68% YoY in Q1 2020), according to the General Statistics Office of Vietnam (GSO). Growth of all three main sectors of the economy improved compared to the same period last year, including agriculture/forestry/fishery (+3.16% YoY in Q1