Current Account in Vietnam

Vietnam Current Account (USD bn) | Economic News & Forecasts

Vietnam - Current Account (billions of U.S. Dollars)

The economy appeared to perform well at the outset of the second quarter. In April, the manufacturing PMI increased on a recovery in employment, while industrial production growth rose. Moreover, exports expanded robustly year-on-year in the same month, despite external trade headwinds, and retail sales surged, likely supported by mild price pressures. In the first four months of the year, FDI was up markedly, potentially driven in part by firms diverting production away from China amid the prolonged U.S.-China trade dispute. This comes after economic momentum ebbed in the first quarter of the year, weighed on by slower growth across all sectors. In late April, the IMF completed a staff visit. While highlighting broad-based growth and fiscal consolidation efforts in recent years, the Fund encouraged the government to cut red tape and improve the private sector’s access to land and credit.

Vietnam - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)7.7  9.4  0.6  9.0  6.4  

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Vietnam Current Account (USD bn) Chart


Vietnam Current Account
Note: Current account balance as % of GDP.
Source: State Bank of Vietnam and Met the why particular calculations.

Vietnam Facts

ValueChangeDate
Bond Yield4.68-0.13 %Jun 13
Exchange Rate23,3200.01 %Jun 13
Stock Market9500.15 %Jun 13

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