Strong Growth Forecast, Risks Remain

January 2005
Asia Monitor: South East Asia Monitor Volume 1;Jan2005, Vol. 16 Issue 1, p4
Country Report
Country Report
The article presents information on economic conditions in Vitenam. Vietnam's economy will continue to enjoy strong growth throughout 2005. The economy grew by 8.0% year-on-year (y-o-y) in the third quarter, bringing growth for the first nine months of 2004 to 7.4% y-o-y, with full-year growth also forecast at 7.4%. Vietnam, Asia's third largest oil producer, is set to benefit from a higher oil price. Not only is this boosting demand for exports, but it is also providing a stimulus to government revenues. Inflation, fuelled by higher food and oil prices, reached 10.3% y-o-y in October 2004, and has now averaged 7.4% for the first 10 months of 2004.


Related Articles

  • Vietnam: Turnaround In Inflation Under Way, But Risks Remain.  // Emerging Markets Monitor;7/28/2008, Vol. 14 Issue 17, p8 

    The article offers a look at the economic conditions in Vietnam as of July 2008. It is suggested that food price inflation could fall even lower in the coming months as food prices continue to ease. The Mekong Delta has produced a good rice harvest which brought much-needed relief to the...

  • Inflation: Recent Developments.  // Vietnam Country Monitor;Nov2011, p8 

    The article focuses on the economic developments in inflation rate in Vietnam. It says that food prices affects inflation rate in 2011, wherein consumer price index (CPI) inflation rate reduced from 23.0% in August 2011 to 22.4% year-on-year (y/y) in September. It states that the headline CPI...

  • Inflationary Pressures Still Evident.  // Asia Monitor: South East Asia Monitor Volume 1;Jul2010, Vol. 21 Issue 7, p5 

    The article presents an outlook on the economic conditions in Vietnam from 2010 and beyond. It projects the 10.2% average of consumer price inflation (CPI) in 2010 due to the presence of inflationary pressures regardless the decrease of prices in April and May 2010. It expects the 12.3% increase...

  • Inflation: Outlook.  // Vietnam Country Monitor;Nov2011, p7 

    The article presents an outlook related to inflation in Vietnam. It says that increased food prices push up headline inflation. It states that inflation will average to 18.7% in 2011 and 8.5% in 2012. Moreover, a table which shows the performance of inflation indicators such as consumer price...

  • No More Hikes In 2011.  // Asia Monitor: South East Asia Monitor Volume 1;Aug2011, Vol. 22 Issue 8, p5 

    The article presents economic outlook of the journal "Business Monitor International" (BMI) in Vietnam. The BMI expresses their optimistic views on the moderation of consumer price inflation (CPI) and the zero interest rate hike of the State Bank of Vietnam due to 1.6% money supply growth in the...

  • Background Note: Vietnam.  // Background Notes on Countries of the World: Vietnam;Apr2005, p1 

    Presents several facts about Vietnam as of April 2005. Population; Gross domestic product in 2004; Inflation rate in 2004.

  • US Exposure Threat To Growth?  // Asia Monitor: South East Asia Monitor Volume 1;Oct2007, Vol. 18 Issue 10, p1 

    The article focuses on the possible impact of the U.S.'s weaker exports demand to the economic growth of Vietnam. According to the article, the Vietnamese government is expecting an economic growth target of 8.7% to 9.2% for 2008 considering the inflation rate increase in the domestic economy....

  • ECONOMY.  // Background Notes on Countries of the World: Vietnam;Apr2005, p5 

    Provides information on the economy of Vietnam as of April 2005. Increase in its gross domestic product from 1990 to 1997; Inflation rate in 2004; Improvement in its foreign trade investment.

  • Vietnam: Surprise Rate Hike Supports Our Core View.  // Emerging Markets Monitor;11/15/2010, Vol. 16 Issue 31, p8 

    The article presents a Business Monitor International (BMI) forecast for Vietnam in 2011, with particular focus on the surprise rate increase made by the State Bank of Vietnam on November 5, 2010. The move of the state bank is described as a desperate attempt to boost the deteriorating...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics