Vietnam: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Vietnam

Author: International Monetary Fund. Asia and Pacific Dept

Vietnam: 2023 IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Vietnam

Volume/Issue: Volume 2023 Issue 338

Publication date: September 2023

ISBN: 9798400256899

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	Paperback	PDF	ePub
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , State budget , policy buffer , U , S , dollar , monetary policy decision-making process , USD trading band , Corporate bonds , Securities markets , Global

Also of interest

Peru

Grenada

Nepal

Peru

Summary

After a strong post-pandemic recovery, the economy faces strong headwinds. A weaker external environment led to a sizable decline in exports. In addition, amidst high private debt and rising global interest rates, a liquidity crunch distressed highly leveraged sectors (in particular, real estate), the corporate bond came to a halt, and nonperforming loans rose. As a result, economic activity decelerated sharply in the first half of 2023. While the government managed to stabilize the markets, risks remain elevated.