IMF Staff Country Reports

Vietnam: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Vietnam

September 27, 2024

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Format: Chicago

International Monetary Fund. Asia and Pacific Dept "Vietnam: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Vietnam", IMF Staff Country Reports 2024, 306 (2024), accessed December 21, 2024, https://doi.org/10.5089/9798400290404.002

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Summary

Adverse external and domestic shocks led to a sharp slowdown in early 2023, but economic growth is gaining momentum thanks to a strong rebound in exports and expansionary fiscal and monetary policies. However, risks remain elevated, including because of a weak real estate sector and leveraged corporates. Headline inflation accelerated mostly owing to food prices. Despite a large current account surplus, the currency has been depreciating amidst record low domestic interest rates.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Balance of payments, Credit, Crime, Exports, Financial sector policy and analysis, Financial sector stability, Foreign direct investment, Imports, Inflation, International trade, Money, Prices, Public debt

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Exports, Financial sector stability, Foreign direct investment, Imports, Inflation

Publication Details

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