Publication: Vietnam Macro Monitoring
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Date
2023-09-27
ISSN
Published
2023-09-27
Author(s)
World Bank
Abstract
This brief discusses the economic
development of Vietnam for August 2023. While the export
slump may have bottomed out, and domestic consumption
remained resilient, credit growth continued to be slow,
reflecting weak private domestic investment and investors’
confidence. Recent upward movements in global energy prices
warrants close monitoring of CPI inflation. This may also
prevent SBV from loosening monetary policy further. The
continuation of tight global financial conditions warrants
flexible FX management to accommodate external conditions.
Further acceleration of public investment disbursement could
support aggregate demand and economic growth in the short
run while focusing on priority green and resilient
infrastructure and human capital investments will help
bolster long term economic development.
Link to Data Set
Citation
“World Bank. 2023. Vietnam Macro Monitoring. © World Bank, Washington, DC. http://hdl.handle.net/10986/40406 License: CC BY-NC 3.0 IGO.”