Publication:
Vietnam Macro Monitoring, October 2024

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-12-23T18:36:03Z
dc.date.available2024-12-23T18:36:03Z
dc.date.issued2024-12-23
dc.description.abstractGross domestic products (GDP) growth registered 7.4 percent (y/y) in Q3-2024 at Viet Nam, its highest in two years, driven by non-tech exports and the ongoing domestic demand recovery. Typhoon Yagi hit northern Viet Nam in September, leading to significant economic damages of US 3.2 billion (0.7 percent of GDP). Agricultural production was the hardest-hit sector, accounting for 38 percent of the total economic losses. FDI investments expanded robustly, totaling US$ 24.6 billion in the last 12 months, an 8.3 percent increase compared to a year earlier. Inflation continued to moderate, registering 2.6 percent (y/y) in September 2024, from 3.5 percent in August 2024, as transport prices declined, food inflation remained stable and core inflation decelerated to 2.5 percent (y/y). Slow budget disbursement continues to remain a concern, with 59.3 percent of the public expenditure plan disbursed in the first nine months of 2024 (slightly below the disbursement rate of 59.7 percent at the same period last year), including 47.3 percent of public investments executed.en
dc.identifierhttp://documents.worldbank.org/curated/en/099457310282427625/IDU128c043611b50614a9219f8b196f14203934e
dc.identifier.doi10.1596/42580
dc.identifier.doihttps://doi.org/10.1596/42580
dc.identifier.urihttps://hdl.handle.net/10986/42580
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectNO POVERTY
dc.subjectECONOMIC GROWTH
dc.subjectZERO HUNGER
dc.subjectFOOD INFLATION
dc.titleVietnam Macro Monitoring, October 2024en
dc.typeBrief
dspace.entity.typePublication
okr.date.disclosure2024-12-23
okr.date.doiregistration2025-04-14T11:49:48.744264Z
okr.date.lastmodified2024-10-28T00:00:00Zen
okr.doctypeBrief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099457310282427625/IDU128c043611b50614a9219f8b196f14203934e
okr.guid099457310282427625
okr.identifier.docmidIDU-28c04361-b506-4a92-9f8b-96f14203934e
okr.identifier.externaldocumentum34412727
okr.identifier.internaldocumentum34412727
okr.identifier.report194362
okr.import.id6136
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099457310282427625/pdf/IDU128c043611b50614a9219f8b196f14203934e.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryViet Nam
okr.topicAgriculture::Agribusiness
okr.topicAgriculture::Food Security
okr.topicMacroeconomics and Economic Growth::Economic Modeling and Statistics
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.unitECR-EAP-External Affairs Unit (ECREA)
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