Vietnam : 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Vietnam

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

July 18, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2016 Article IV Consultation highlights that Vietnam’s economy has experienced solid growth with low inflation, reflecting policy attention to maintaining macroeconomic stability. Economic performance was robust through most of 2015, driven by rapid export growth, foreign direct investment, and strong domestic demand. Manufacturing and exports moderated near year-end, reflecting slowing external demand. Inflation declined below 1 percent in 2015 before ticking upward in early 2016 owing to higher food and administered prices. For 2016, growth is projected to moderate to about 6 percent, reflecting the adverse agriculture shock, lower external demand, and spillovers of tighter global financial conditions.

Series:

Country Report No. 16/240

Subject:

English

Publication Date:

July 18, 2016

ISBN/ISSN:

9781498373890/1934-7685

Stock No:

1VNMEA2016001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

82

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