Fiscal Balance in Vietnam

Vietnam Fiscal Balance | Economic News & Forecasts

Vietnam - Fiscal Balance

Economic growth appears to be cooling in the first quarter of 2019, following last year’s decade-high performance. The manufacturing PMI fell at the outset of the year, with output and new business growth both slowing in January. Despite this, firms remained optimistic about the outlook for the year, suggesting the sector could prove to be resilient to the slowdown afflicting neighboring countries, which is largely due to a cooling Chinese economy and global trade tensions. Likewise, industrial production, which was an important driver of growth last year, also softened in January. On the flipside, new FDI projects and registered capital rose by over a quarter in annual terms in January, signaling FDI inflows should remain robust. Moreover, the tourism sector will also likely support growth in Q1 as suggested by healthy tourist arrivals in January.

Vietnam - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-6.6  -6.3  -6.3  -5.6  -     

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Vietnam Facts

Bond Yield4.80-0.13 %Mar 11
Exchange Rate23,1990.01 %Mar 11
Stock Market9850.15 %Mar 11

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