International Reserves in Vietnam
Vietnam - International ReservesThe 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
|International Reserves (USD)||28.3||36.5||49.1||55.5||78.3|
5 years of economic forecasts for more than 30 economic indicators.
Vietnam International Reserves Chart
Source: Asian Development Bank and FocusEconomics calculations.
|Bond Yield||3.38||-0.13 %||Dec 31|
|Exchange Rate||23,173||0.01 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
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.
December 29, 2020
Industrial output rose 8.2% in year-on-year terms in December, which was above November's 6.9% increase.
December 27, 2020
Consumer prices rose 0.10% from the previous month in December, contrasting the 0.01% fall logged in November.
November 29, 2020
Consumer prices fell 0.01% in November over the previous month, contrasting October's 0.09% rise.
November 29, 2020
Industrial production increased 9.2% year-on-year in November (October: +3.9% yoy).
November 12, 2020
On 12 November, the National Assembly approved the 2021 state budget.