CoinWorld.net April 4 News, data released by the General Statistics Office of Vietnam shows that due to heavy reliance on Middle Eastern oil imports, which has put pressure on economic growth, Vietnam's economy has slowed compared to the previous quarter. Vietnam's GDP growth in the first quarter was 7.83%, lower than 8.46% in the fourth quarter of last year. The Vietnamese government has set a growth target of no less than 10% for this year, but this goal is currently under pressure. Over 80% of Vietnam's crude oil is imported from the Middle East, and oil transportation in the region has been disrupted due to the Iran war. Rising fuel prices have forced Vietnamese airlines to reduce operations and prompted authorities to implement cost-control measures, including cutting fuel taxes, subsidizing prices through government-controlled funds, and encouraging remote work to reduce consumption.

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