Current Account in Vietnam

Vietnam Current Account | Economic News & Forecasts

Vietnam - Current Account

The economy lost some ground in the first quarter of the year, weighed on by slower growth across all sectors. Most notable was the slowdown in service sector activity, which was likely hindered by fewer tourist arrivals in the quarter, while the agricultural sector also weakened. Moreover, merchandise export growth dipped in Q1, partly due to falling smartphone shipments. On a brighter note, the industrial sector held up well, while FDI remained robust, with newly established businesses increasing at the fastest rate in five years; this could be connected to firms shifting production out of China amid the prolonged U.S.-China trade dispute.

Vietnam - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)4.6  5.1  0.3  4.6  2.9  

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Vietnam Current Account Chart


Vietnam Current Account
Note: Current account balance as % of GDP.
Source: State Bank of Vietnam and FocusEconomics calculations.

Vietnam Facts

ValueChangeDate
Bond Yield4.76-0.13 %May 13
Exchange Rate23,3290.01 %May 13
Stock Market9590.15 %May 13

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