Vietnam: Recent Economic Developments

International Monetary Fund

No 1996/145, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Vietnam during 1992–96. Economic growth was recorded at 8–9 percent during 1992–94, rising to a 9½ percent annual rate in 1995 and the first half of 1996. Investment has been rising steadily over the past few years, owing in part to foreign investment, which increased to 9 percent of GDP in 1995 and continued to rise strongly in 1996. Vietnam’s foreign trade has also expanded and diversified rapidly, with both imports and exports growing at double-digit annual rates.

Keywords: ISCR; CR; interest rate; state bank; joint venture; consumer goods; inflation rate; foreign direct investment; joint stock; exchange rate; U.S. dollar; Imports; Foreign direct investment; Tariffs; Public expenditure review; Exports; Central and Eastern Europe; Southeast Asia; Asia and Pacific (search for similar items in EconPapers)
Pages: 95
Date: 1997-01-23
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