International Reserves in Vietnam

Vietnam - International Reserves
The economy began the fourth quarter on a robust footing according to available data. In October, industrial production gained steam on a stronger manufacturing sector, while retail sales expanded notably and exports surged. However, the tourism sector remained downtrodden due to the border closure. This comes after activity accelerated in Q3 thanks to a rebound in the services sector and faster growth in industry and agriculture, amid the relatively successful containment of Covid-19. On the political front, in mid-November the National Assembly approved the 2021 budget, with both revenue and expenditure down from the original estimates made for 2020 as the government looks to rein in the budget deficit. The National Assembly also approved a 6% growth target for 2021—a goal our panelists judge to be easily achievable.Vietnam - International Reserves Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
International Reserves (USD) | 28.3 | 36.5 | 49.1 | 55.5 | 78.3 |
Vietnam International Reserves Chart

Source: Asian Development Bank and FocusEconomics calculations.
Vietnam Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 3.38 | -0.13 % | Dec 31 |
Exchange Rate | 23,173 | 0.01 % | Jan 01 |
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Economic News
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Vietnam: Industrial output records quickest growth since February in December
December 29, 2020
Industrial output rose 8.2% in year-on-year terms in December, which was above November's 6.9% increase.
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Vietnam: Inflation falls to over five-year low in December
December 27, 2020
Consumer prices rose 0.10% from the previous month in December, contrasting the 0.01% fall logged in November.
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Vietnam: Inflation drops to lowest level since February 2016 in November
November 29, 2020
Consumer prices fell 0.01% in November over the previous month, contrasting October's 0.09% rise.
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Vietnam: Industrial output records quickest growth since February in November
November 29, 2020
Industrial production increased 9.2% year-on-year in November (October: +3.9% yoy).
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Vietnam: National Assembly approves constrained 2021 budget to rein in deficit
November 12, 2020
On 12 November, the National Assembly approved the 2021 state budget.