Vietnam's Economic Growth Slows in Q1 as Exports, Consumption Weaken
- Vietnam's economy grew 5.66% year-over-year in Q1 2022, down from 6.72% growth in previous quarter
- Exports uneven due to global trade turmoil and weak external demand
- Domestic consumption and lending also soft amid high interest rates
- Car sales down 51.2% in February, showing struggling domestic demand
- Central bank aims to boost credit growth to 15% this year to spur economy
