Fiscal Balance in Vietnam

Vietnam Fiscal Balance | Economic News & Forecasts

Vietnam - Fiscal Balance

Recent indicators suggest the economy had a bright start to the third quarter, after likely growing faster than any other large ASEAN economy in the second quarter. In July, industrial production was up roughly 10% year-on-year, driven by manufacturing. This chimes with the manufacturing PMI, which edged up in the same month on faster growth in new orders and output, bucking the regional trend. Moreover, retail sales and visitor arrivals were also encouraging in July, while exports surged despite easing global momentum—a testament to the country’s growing role as a manufacturing hub. However, African swine fever, which has hit pig herd levels, is likely hurting the agricultural sector. Meanwhile, the IMF recently concluded a staff visit. The Fund praised the government’s prudent fiscal stance and reform efforts, but urged a reduction of remaining barriers to investment.

Vietnam - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-7.2  -5.7  -6.4  -5.7  -3.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Vietnam Facts

ValueChangeDate
Bond Yield4.14-0.13 %Sep 04
Exchange Rate23,2000.01 %Sep 04
Stock Market9780.15 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form