Domestic Market

This section reports on developments in Vietnam’s domestic market, including consumer trends, retail activity, market management, and issues related to goods circulation and pricing.

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    Vietnam Industry and Trade News Bulletin for January 8, 2016

    ByVN Industry and Trade Bulletin

    A. GENERAL ECONOMIC HIGHLIGHTS 1. WB Forecast: Vietnam’s Growth Lower than Myanmar, Laos, and Cambodia In its Global Economic Prospects 2016 report released on January 7, the World Bank forecasts Vietnam’s GDP growth at 6.6% for 2016, slowing to 6.3% in 2017 and 6% in 2018 . While this rate is higher than Thailand (2%), Indonesia (5.3%), and the Philippines (6.4%), it lags behind Myanmar (7.8%), Laos (7%), and Cambodia (6.9%) . FDI inflows are…

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    Vietnam Industry and Trade News Bulletin for January 7, 2016

    ByVN Industry and Trade Bulletin

    A. GENERAL ECONOMIC HIGHLIGHTS 1. WB Forecast: Modest Global Growth in 2016 In its Global Economic Prospects report released on January 6, the World Bank forecasts the global economy will grow by a modest 2.9% in 2016, a slight improvement from 2.4% in 2015 . The modest growth is attributed to a slowdown in major emerging economies like China (forecast at 6.7%) and Brazil . However, the WB notes that strong growth in Vietnam and…

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    Vietnam Industry and Trade News Bulletin for January 6, 2016

    ByVN Industry and Trade Bulletin

    A. GENERAL ECONOMIC HIGHLIGHTS 1. Vietnam Among Top 10 Fastest Growing Economies in 2016 According to The Economist Intelligence Unit (EIU), Vietnam is projected to be one of the top 10 fastest-growing economies in the world in 2016, with GDP growth forecast at approximately 7% . While global GDP is expected to grow by only 2.7%, Vietnam stands out in the region alongside Laos and Cambodia, driven by rising private consumption and a recovering tourism…

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    Vietnam Industry and Trade News Bulletin for January 5, 2016

    ByVN Industry and Trade Bulletin

    A. GENERAL ECONOMIC HIGHLIGHTS 1. 2016 Economic Outlook: Inflation and Exchange Rates The National Financial Supervisory Commission (NFSC) forecasts that core inflation in 2016 will be around 3%, with headline inflation likely lower at 2-3%, leaving room for price adjustments in public services. However, exchange rates and interest rates will face significant pressure. The trade deficit is projected to rise to approximately $4 billion as investment demand drives machinery imports. 2. BOT Toll Fees: Ministry…