IMF Staff Country Reports

This paper presents the findings, summary and recommendations of macroeconomic framework technical assistance (TA) mission in Vietnam. The purpose of this technical assistance (TA) project initiated by this scoping mission is building capacity in macroeconomic analysis and forecasting in the Ministry of Planning and Investment (MPI). The MPI is establishing a Core Working Group (CWG) under MPI’s coordination that will carry out macroeconomic analysis and asked the IMF assistance in building the capacity of the CWG. The mission found that there is no fully-fledged multi-sector macroeconomic framework used by departments across different ministries in charge of macroeconomic analysis and forecasting. The CWG will take the lead in implementing the activities and identify targets in the TA action plan and will be supported by the IMF TA team. The CWG will develop and customize the macroeconomic projection tool (MPT) for Vietnam, operate the MPT to produce macroeconomic analysis and forecasting, develop user guides and manuals for staff, and present the output to policy makers as part of the policy making process.