Vietnam Implements the International Monetary Fund’s Enhanced General Data Dissemination System
IMF News, July 17, 2019
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- Vietnam Implements the International Monetary Fund’s Enhanced General Data Dissemination System
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Bibliographic details
- Published: July 17, 2019
Implementation and background
- Press Release No. 19/269
- Date of release: July 17, 2019
- Vietnam has launched a National Summary Data Page (NSDP) in implementing the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS).
- The e‑GDDS was established by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance.
NSDP hosting, format, and access
- The NSDP is hosted by the General Statistics Office (GSO) on its website.
- The NSDP utilizes the Statistical Data and Metadata Exchange (SDMX).
- The NSDP is accessible on the IMF’s Dissemination Standards Bulletin Board.
- The page aims to serve as a one-stop publication vehicle for essential macroeconomic data in both human and machine-readable formats.
Data producers and content linkage
- The NSDP page contains links to statistics published by official data producers:
- General Statistics Office (GSO)
- State Bank of Vietnam (SBV)
- Ministry of Finance
Expected benefits and intended users
- Publication of essential macroeconomic data through the NSDP will provide national policy makers and domestic and international stakeholders, including investors and rating agencies, with easy access to information critical for monitoring economic conditions and policies.
- Making information easily accessible in both human and machine-readable formats will:
- allow users to have simultaneous access to timely data
- bring greater data transparency
Official commentary
- Louis Marc Ducharme, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, stated:
- “I congratulate the authorities for the launch of the NSDP, an important step forward in data dissemination. I am confident that Vietnam will benefit from using the e-GDDS as a framework for further development of its statistical system.”
Media contact
- IMF Communications Department
- MEDIA RELATIONS
- PRESS OFFICER: Pemba Sherpa
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- Twitter: @IMFSpokesperson
Source: IMF press release, July 17, 2019.