Vietnam: Technical Assistance Report-Building Capacity in Macroeconomic Analysis and Forecasting

Technical Assistance Reports, August 26, 2026

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Canonical URL: Vietnam: Technical Assistance Report-Building Capacity in Macroeconomic Analysis and Forecasting

The report discusses the implementation of the Technical Assistance (TA) project delivered by ICD and CDOT to build capacity in macroeconomic analysis and forecasting in the Ministry of Planning and Investment (MPI).
MPI later merged with the Ministry of Finance (MOF) in early 2025.
The TA supported the Core Working Group (CWG) in:
- developing and customizing macroeconomic projection tools for Vietnam,
- operating the tools to produce consistent projections across all sectors,
- performing policy simulations,
- presenting results to policymakers in policy discussions.
The report presents TA achievements, lessons learned, and recommendations to strengthen and sustain capacity development.
Publication date: August 26, 2026.

Development and customization of macroeconomic projection tools tailored to Vietnam.
Operational use of these tools by the CWG to produce consistent cross-sector projections.
Execution of policy simulation exercises using the projection tools.
Presentation of results to policymakers to inform policy discussions.

Built capacity within the CWG to operate customized macroeconomic projection tools.
Enabled the production of consistent macroeconomic projections across all sectors.
Supported policy simulation capability and communication of simulation results to policymakers.
Facilitated a structured approach to macroeconomic analysis and forecasting within MPI (now merged with MOF).

The report documents lessons learned from the TA implementation aimed at sustaining capacity development (details provided in the full report).

The report provides recommendations focused on strengthening and sustaining capacity development for macroeconomic analysis and forecasting (details provided in the full report).

Subjects: Capacity development, Economic forecasting, Financial programming, Fiscal policy, Forecasting model, General macroeconomic programming, analysis, and forecasting, Macro-fiscal framework, Macroeconomic analysis, Macroeconomic and fiscal forecasts, Macroeconomic framework, Public debt, Public financial management (PFM)
Keywords: authorities' Core Working Group, Capacity development, Economic forecasting, Financial programming and policies, government restructuring, Institute for Capacity Development department, Macroeconomic forecasting and policy analysis, Macroeconomic framework, Macroeconomic projection tool, mission chief, TA team