Vietnam’s Q1 GDP grows at its lowest level since 2009 due to the negative impact of COVID-19. According to the General Statistics Office of Vietnam (GSO), Vietnam’s Q1 GDP growth is estimated at 3.82% YoY — the lowest level in 11 years (vs 3.14% in Q1 2009). Q1’s sluggish growth was mainly attributed to the COVID-19 outbreak, which caused border closures, travel restrictions, weaker consumption, and production slowdowns, among other negative impacts. The outbreak has hit all three main economic