Markets Actual Q2 Q3 Q4 Q1 2020
Currency 23315.00 23410 23410 23410 23410 23410
Stock Market (points) 949.69 946 933 920 907 882
Government Bond 10y (%) 4.67 4.73 4.76 4.8 4.83 4.89
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 6.79 6.1 5.9 6.6 5.7 6.4
Unemployment Rate (%) 2.17 2.2 2.2 2.3 2.4 2.4
Inflation Rate (%) 2.88 2.7 2.9 3.2 3 3.4
Interest Rate (%) 6.25 6 6 6 5.5 5.25
Balance of Trade (USD Million) -1300.00 100 1000 -100 2000 1600
Current Account (USD Million) 1244.00 2700 3030 2060 2500 2730
Current Account to GDP (%) 3.00 2.6 2.6 2.6 1.8 1.8
Government Debt to GDP (%) 57.50 60 60 60 58 58
Government Budget (% of GDP) -3.70 -4.3 -4.3 -4.3 -4.1 -3.5
Manufacturing PMI 52.00 52.3 51.2 51 50.8 53
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 6.79 6.1 5.9 6.6 5.7 6.4
GDP (USD Billion) 223.78 255 255 255 269 269
GDP Constant Prices (VND Billion) 681010.00 1511702 918719 3647109 719828 3880524
Gross National Product (VND Billion) 4764958.00 4910289 4905524 4974616 5036561 5292992
Gross Fixed Capital Formation (VND Billion) 1190474.59 1226784 1225594 1242855 1258332 1322398
GDP per capita (USD) 1834.65 1990 1990 1990 2100 2100
GDP per capita PPP (USD) 6171.88 6500 6500 6500 6800 6800
GDP From Agriculture (VND Billion) 72261.00 230298 126060 522592 76380 556038
GDP From Construction (VND Billion) 34336.00 81979 59208 234340 36293 249338
GDP From Manufacturing (VND Billion) 138396.00 284147 173117 668340 146285 711113
GDP From Mining (VND Billion) 38180.00 90334 45830 216926 40356 230810
GDP From Public Administration (VND Billion) 18753.00 43458 23090 98360 19822 104656
GDP From Services (VND Billion) 276919.00 575646 367704 1414407 292703 1504929
GDP From Transport (VND Billion) 21656.00 44537 27481 106852 22890 113691
GDP From Utilities (VND Billion) 4385.00 9462 5539 21479 4635 22854
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 2.17 2.2 2.2 2.3 2.4 2.4
Unemployed Persons (Million ) 1.10 1 1.1 1.1 1.1 1.3
Minimum Wages (VND Thousand/Month) 4180.00 4180 4180 4180 4360 4360
Population (Million) 94.67 97.1 97.1 96.4 97.3 97.3
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 55.00 55 55 55 55 55
Wages (VND Thousand/Month) 5622.00 5900 5800 6400 6400 6600
Wages High Skilled (VND/Month) 10825600.00 12300000 12300000 12300000 12300000 12900000
Wages In Manufacturing (VND Thousand/Month) 5524.00 5900 5500 6350 6340 6550
Wages Low Skilled (VND/Month) 5372100.00 4927000 4927000 4927000 4927000 5207510
Youth Unemployment Rate (%) 6.27 7.4 7.07 7.3 7.4 6.5
Labor Force Participation Rate (%) 76.60 76.9 76.7 76.6 76.6 77.8
Living Wage Family (VND/Month) 7763600.00 7580000 7580000 7580000 7580000 7800000
Living Wage Individual (VND/Month) 4752300.00 4220000 4220000 4220000 4220000 4300000
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 2.88 2.7 2.9 3.2 3 3.4
Consumer Price Index CPI (Index Points) 112.51 113 114 114 115 118
Core Inflation Rate (%) 1.90 1.3 1.6 1.8 1.8 1.7
Producer Prices (Index Points ) 101.45 102 106 105 102 106
Inflation Rate Mom (%) 0.49 0.4 0.6 0.1 0.2 0.2
CPI Transportation (Index Points) 95.47 96.87 97.47 92.66 91.87 95.81
Food Inflation (%) -0.68 4.4 4.1 3.9 3.7 4
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 6.25 6 6 6 5.5 5.25
Interbank Rate (%) 4.19 4.23 4.23 4.23 3.73 3.73
Money Supply M2 (VND Billion) 8192548.00 8290000 8290000 8290000 9150000 9150000
Foreign Exchange Reserves (USD Million) 49497.31 59600 59600 59600 60000 60000
Deposit Interest Rate (%) 4.78 4.53 4.53 5 5 5.2
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -1300.00 100 1000 -100 2000 1600
Current Account (USD Million) 1244.00 2700 3030 2060 2500 2730
Current Account to GDP (%) 3.00 2.6 2.6 2.6 1.8 1.8
Imports (USD Million) 22800.00 20400 21900 21500 22700 22700
Exports (USD Million) 21500.00 20500 22900 21400 23600 23700
External Debt (USD Million) 109178.60 115838 115620 116166 115402 123601
Foreign Direct Investment (USD Billion) 7.30 9.5 14.1 20.5 5 22.5
Tourist Arrivals (Thousand) 1326.70 1250 1350 1450 1420 1470
Crude Oil Production (BBL/D/1K) 233.00 255 254 260 260 280
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 57.50 60 60 60 58 58
Government Budget (% of GDP) -3.70 -4.3 -4.3 -4.3 -4.1 -3.5
Government Spending (VND Billion) 325803.97 335741 335415 340139 344375 361908
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate For Companies (%) 18.00 18 18 18 18 18
Social Security Rate For Employees (%) 8.00 8 8 8 8 8
Business Actual Q2 Q3 Q4 Q1 2020
Manufacturing PMI 52.00 52.3 51.2 51 50.8 53
Industrial Production (%) 10.00 9.1 8.3 7.7 7 6.9
Manufacturing Production (%) 11.60 12.9 11.1 9.2 7.5 7.7
Changes in Inventories (VND Billion) 140219.87 142700 142700 142700 159000 159000
Car Registrations 26094.00 23500 24400 25600 22500 27200
Mining Production (%) -1.50 -3.1 -3.8 -2.8 2.5 3.3
Electricity Production (Gigawatt-hour) 20300.00 19200 19700 19900 19900 20500
Consumer Actual Q2 Q3 Q4 Q1 2020
Retail Sales Yoy (%) 11.40 10.9 11.5 10.1 9.5 10.6
Consumer Spending (VND Billion) 3405750.02 3509625 3506220 3555603 3599878 3783162
Retail Sales Mom (%) 0.30 1.4 0.8 2.8 2.5 2.3
Gasoline Prices (USD/Liter) 0.88 0.69 0.67 0.66 0.64 0.64
Consumer Confidence (Index Points) 129.00 115 110 114 116 115


This page has economic forecasts for Vietnam including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Vietnam economy.