IMF Staff Country Reports

Vietnam: Recent Economic Developments

Publication Date:

January 23, 1997

Summary:

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.

Series:

Country Report No. 1996/145

Subject:

Balance of payments Banking Expenditure Exports Foreign direct investment Imports International trade Public expenditure review Tariffs Taxes