{
  "title": "Vietnam: 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Vietnam",
  "publication": "IMF Staff Country Reports, July 18, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/vietnam-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44102",
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  "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.",
  "publishDate": "2016-07-18",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview and economic context",
      "content": "- Vietnam’s economy experienced solid growth with low inflation, reflecting policy attention to maintaining macroeconomic stability.\n- Economic performance was robust through most of 2015, driven by:\n  - rapid export growth\n  - foreign direct investment\n  - strong domestic demand\n- Manufacturing and exports moderated near year-end 2015, reflecting slowing external demand.\n- Inflation dynamics:\n  - Inflation declined below 1 percent in 2015\n  - Inflation ticked upward in early 2016 owing to higher food and administered prices\n- Outlook for 2016:\n  - Growth is projected to moderate to about 6 percent, reflecting the adverse agriculture shock, lower external demand, and spillovers of tighter global financial conditions."
    },
    {
      "heading": "Key findings and indicators",
      "content": "- Growth:\n  - Robust through most of 2015; projected to moderate to about 6 percent in 2016.\n- Inflation:\n  - Declined below 1 percent in 2015.\n  - Tick upward in early 2016 due to higher food and administered prices.\n- Drivers of 2015 performance:\n  - Rapid export growth\n  - Foreign direct investment inflow\n  - Strong domestic demand\n- Risks to 2016 outlook:\n  - Adverse agriculture shock\n  - Lower external demand\n  - Spillovers of tighter global financial conditions"
    },
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      "heading": "Thematic coverage (subjects and keywords)",
      "content": "- Subjects:\n  - Banking\n  - Credit\n  - Exchange rate flexibility\n  - Financial institutions\n  - Foreign exchange\n  - Inflation\n  - Money\n  - Nonperforming loans\n  - Prices\n  - Public debt\n- Keywords:\n  - core inflation\n  - CR\n  - Credit\n  - Exchange rate flexibility\n  - foreign direct investment inflow\n  - Global\n  - headline inflation\n  - Inflation\n  - ISCR\n  - Mekong\n  - monetary policy stance\n  - Nonperforming loans\n  - policy repo rate\n  - prudential ratio\n  - staff appraisal\n\n---\n\n Content in this bundle\n\n- cr16240\n  - cr16240 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16240 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/vietnam-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44102"
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    "Published: July 18, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498373890.002",
    "Vietnam’s economy experienced solid growth with low inflation, reflecting policy attention to maintaining macroeconomic stability.",
    "Economic performance was robust through most of 2015, driven by:",
    "Manufacturing and exports moderated near year-end 2015, reflecting slowing external demand.",
    "Inflation dynamics:",
    "Outlook for 2016:",
    "Growth:",
    "Inflation:",
    "Drivers of 2015 performance:",
    "Risks to 2016 outlook:",
    "Subjects:",
    "Keywords:",
    "**_cr16240**"
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