Population in Vietnam
Vietnam - Population
The economic panorama seems to be gradually improving in Q3, after the economy virtually stagnated in Q2 due to the fallout from the pandemic. Merchandise exports rebounded strongly in July–August following a decline in Q2, reflecting healthier external demand. Furthermore, in August, retail sales grew for the first time since March, hinting at recovering consumer spending in Q3. On a less positive note, industrial output dipped for the first time in three months in August as mining activity faltered. Muted industrial activity, coupled with the reeling tourism sector—the ongoing travel ban has effectively closed the country to international visitors—signals that the economy is not out of the woods yet. Meanwhile, most of the restrictions imposed due to earlier outbreaks in Da Nang and Hai Duong provinces were removed in early September, boding well for activity at the tail end of Q3.Vietnam - Population Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Population (million) | 91.7 | 92.7 | 93.6 | 94.6 | 95.5 |
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: Central Bank slashes rates for third time this year in October
October 1, 2020
Effective from 1 October, the State Bank of Vietnam (SBV) reduced a host of interest rates, cutting the refinancing rate from 4.50% to a record low of 4.00%.
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Vietnam: Industrial output rebounds in September
September 29, 2020
Industrial output grew 3.8% compared to the same month a year earlier in September, which contrasted August's 0.6% decrease.
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Vietnam: Inflation falls to lowest level since May in September
September 29, 2020
Consumer prices increased 0.12% in September over the previous month, broadly unchanged from August's 0.07% increase.
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Vietnam: Activity gains steam in Q3 on stronger demand at home and abroad
September 29, 2020
GDP growth accelerated to 2.6% year-on-year in the third quarter, from 0.4% in the second quarter, thanks to the successful containment of the virus domestically and stronger demand abroad.
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Vietnam: Industrial output deteriorates in August
August 29, 2020
Industrial production fell 0.6% year-on-year in August (July: +1.8% yoy), chiefly due to weaker mining activity and stagnant manufacturing. The trend pointed down, with the annual average growth of industrial production coming in at plus 4.1% in August, down from July’s plus 5.0%. Looking ahead, industrial production should recover as economic activity ramps up abroad.
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