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Taking Stock, December 2015 : An Update on Vietnam's Recent Economic Developments / World Bank.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- World Bank, author, issuing body.
- Language:
- English
- Subjects (All):
- Vietnam--Economic policy.
- Vietnam.
- Physical Description:
- 1 online resource
- Other Title:
- Taking Stock, December 2015
- Place of Publication:
- Washington, D.C. : World Bank, 2015.
- Summary:
- Vietnam's economy has weathered the recent turbulence in the external environment fairly well, reflecting resilient domestic demand and robust performance of export-oriented manufacturing. Growth further accelerated to 6.5 percent (year-on-year) in the first three quarters of 2015 (after coming in at 6 percent last year). Low inflation and strengthening consumer confidence supported an uptick in private consumption while investment was lifted by robust foreign direct investment, rising government capital expenditures, and a recovery of credit growth. Exports of the foreign-invested manufacturing sector also accelerated, but this was offset by a slowdown of commodity exports and a surge in imports of capital and intermediate goods, reflecting stronger investment and the high import content of manufacturing exports.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Publisher Number:
- 10.1596/23332
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