Vietnam Economy

Vietnam’s gdp growth annual icnreased to 4.48 by 66.54% on October 2020 from 2.69 in the previous Quarterly. On a year on year basis Vietnam’s gdp growth annual decreased by -41.44%. Vietnam’s gdp growth annual trend is down since the current value of 4.48 is lower than the 12 month moving average of 5.61417.Vietnam’s inflation cpi decreased to 0.19 by -87.16% on December 2020 from 1.48 in the previous Monthly. On a year on year basis Vietnam’s inflation cpi decreased by -96.37%. Vietnam’s inflation cpi trend is down since the current value of 0.19 is lower than the 12 month moving average of 3.24333.Vietnam’s unemployment rate icnreased to 2.73 by 22.97% on April 2020 from 2.22 in the previous Quarterly. On a year on year basis Vietnam’s unemployment rate increased by 20.8%. Vietnam’s unemployment rate trend is down since the current value of 2.73 is lower than the 12 month moving average of 2.23333.

Vietnam Financial Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
HNXHNX300.8110.6530894.98731.33-4.757.171.16685
Vietnam ETFVNM19.24112.2446979.7604-0.05-4.520.730.1197
Vietnamese Dong US Dollar (VND/USD)VNDUSD 23024-1-1-1.3495319.09840.050-0.1-0.00414
Vietnam 5-Year Bond YieldVN.5Y1.010-0.25-1.2561959.6097-6.39-10.22-11.94-0.37943
Vietnam 2-year bond yieldVN.2Y0.57-1-1-1.1512924.4226-15.18-14.036.34-0.80027
Vietnam Yield CurveVN.YC1.510.750.6345665.53074.97-1.06-15.590.34087

HNX closed up by 0.00541% to 217.4 on 23 January 2021 and +0.0703% on a weekly basis. HNX momentum was last calculated at +1.0/100 indicating positive momentum. HNX trend is +1.0/100 indicating a positive trend. HNX momentum exhaustion is 0.65308 indicating HNX is oversold.Vietnam ETF closed up by 0.02336% to 17.96 on 23 January 2021 and +0.05029% on a weekly basis. Vietnam ETF momentum was last calculated at +1.0/100 indicating positive momentum. Vietnam ETF trend is +1.0/100 indicating a positive trend. Vietnam ETF momentum exhaustion is 2.24469 indicating Vietnam ETF is oversold.Vietnam 10-Year Bond Yield closed up by 0.00578% to 2.436 on 23 January 2021 and +-0.00612% on a weekly basis. Vietnam 10-Year Bond Yield momentum was last calculated at +0.0/100 indicating positive momentum. Vietnam 10-Year Bond Yield trend is -0.5/100 indicating a negative trend. Vietnam 10-Year Bond Yield momentum exhaustion is -0.91376 indicating Vietnam 10-Year Bond Yield is oversold.Vietnamese Dong US Dollar (VND/USD) closed up by 0.0% to 23080.0 on 23 January 2021 and +-0.00233% on a weekly basis. Vietnamese Dong US Dollar (VND/USD) momentum was last calculated at -1.0/100 indicating negative momentum. Vietnamese Dong US Dollar (VND/USD) trend is -1.0/100 indicating a negative trend. Vietnamese Dong US Dollar (VND/USD) momentum exhaustion is -1.34953 indicating Vietnamese Dong US Dollar (VND/USD) is oversold.

 

Vietnam News

Vietnam Economy

Vietnam’s gdp growth annual icnreased to 4.48 by 66.54% on October 2020 from 2.69 in the previous Quarterly. On a year on year basis Vietnam’s gdp growth annual decreased by -41.44%. Vietnam’s gdp growth annual trend is down since the current value of 4.48 is lower than the 12 month moving average of 5.61417.Vietnam’s inflation cpi decreased to 0.19 by -87.16% on December 2020 from 1.48 in the previous Monthly. On a year on year basis Vietnam’s inflation cpi decreased by -96.37%. Vietnam’s inflation cpi trend is down since the current value of 0.19 is lower than the 12 month moving average of 3.24333.Vietnam’s unemployment rate icnreased to 2.73 by 22.97% on April 2020 from 2.22 in the previous Quarterly. On a year on year basis Vietnam’s unemployment rate increased by 20.8%. Vietnam’s unemployment rate trend is down since the current value of 2.73 is lower than the 12 month moving average of 2.23333.Vietnam’s manufacturing pmi decreased to 49.9 by -3.67% on November 2020 from 51.8 in the previous Monthly. On a year on year basis Vietnam’s manufacturing pmi decreased by -2.16%. Vietnam’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 47.1667.Vietnam’s consumer confidence decreased to 117.0 by -7.14% on April 2020 from 126.0 in the previous Quarterly. On a year on year basis Vietnam’s consumer confidence increased by 4.46%. Vietnam’s consumer confidence trend is down since the current value of 117.0 is lower than the 12 month moving average of 122.917.

Vietnam Economic analysis

Economic Activity OverviewActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
gdp growth annual4.482.690.665428-0.414379-1.0-1.00.12020-10-01
inflation cpi2.92.70.07407410.2083331.01.00.5666672021-05-31
unemployment rate2.372.5-0.0520.07239821.01.002020-10-01
Business & Consumer Forecast OverviewActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
manufacturing pmi53.154.7-0.02925050.243561.01.00.9666672021-05-31
Reserves & Outstanding DebtActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government debt to gdp46.743.50.07356320.5064521.01.002020-01-31
external debt108118112114-0.03564233.686321.01.002019-01-31
foreign exchange reserves97708.797023.90.007058050.210151.01.00.352021-02-28
TradeActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
current account8368-323-26.90710.9460471.01.002020-05-01
current account to gdp52.41.08333-1.555561.01.002019-01-31
Monetary PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interest rate44.5-0.111111-0.36-1.0-1.00.01666672020-06-12
money supply m21057370092118500.1478376.842591.01.002019-01-31
Fiscal PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Government budget-203441-1915000.062355117.1725-1.0-1.002019-01-31
government revenues155107014249100.08853893.612531.01.002019-01-31
fiscal expenditure175452016164100.08544244.049441.01.002019-01-31

Vietnam Business activity

Business ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
manufacturing pmi53.154.7-0.02925050.243561.01.00.9666672021-05-31

Vietnam’s manufacturing pmi decreased to 49.9 by -3.67% on November 2020 from 51.8 in the previous Monthly. On a year on year basis Vietnam’s manufacturing pmi decreased by -2.16%. Vietnam’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 47.1667.

Vietnam Consumer activity

Consumer ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
consumer confidence117126-0.07142860.0446429-1.01.002020-04-01
car registrations2640929036-0.09047391.441661.01.012021-04-30
retail sales yoy-130.9-1.03236-0.791667-1.01.00.152021-05-31

Vietnam’s consumer confidence decreased to 117.0 by -7.14% on April 2020 from 126.0 in the previous Quarterly. On a year on year basis Vietnam’s consumer confidence increased by 4.46%. Vietnam’s consumer confidence trend is down since the current value of 117.0 is lower than the 12 month moving average of 122.917.Vietnam’s car registrations icnreased to 34860.0 by 10.29% on November 2020 from 31607.0 in the previous Monthly. On a year on year basis Vietnam’s car registrations increased by 24.55%. Vietnam’s car registrations trend is down since the current value of 34860.0 is lower than the 12 month moving average of 22549.8.Vietnam’s retail sales yoy icnreased to 9.4 by 10.59% on December 2020 from 8.5 in the previous Monthly. On a year on year basis Vietnam’s retail sales yoy decreased by -21.67%. Vietnam’s retail sales yoy trend is down since the current value of 9.4 is lower than the 12 month moving average of 2.08333.

 

Vietnam Manufacturing activity

Manufacturing ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
manufacturing pmi53.154.7-0.02925050.243561.01.00.9666672021-05-31
industrial production11.622.2-0.477477-4.741941.01.00.03333332021-05-31

Vietnam’s manufacturing pmi decreased to 49.9 by -3.67% on November 2020 from 51.8 in the previous Monthly. On a year on year basis Vietnam’s manufacturing pmi decreased by -2.16%. Vietnam’s manufacturing pmi trend is down since the current value of 49.9 is lower than the 12 month moving average of 47.1667.Vietnam’s industrial production icnreased to 9.5 by 3.26% on December 2020 from 9.2 in the previous Monthly. On a year on year basis Vietnam’s industrial production increased by 53.23%. Vietnam’s industrial production trend is down since the current value of 9.5 is lower than the 12 month moving average of 3.78333.

Vietnam Retail Sector

Retail ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
retail sales MoM5.41.62.3751.571431.01.00.8333332020-09-30

Vietnam’s retail sales MoM icnreased to 5.4 by 237.5% on September 2020 from 1.6 in the previous Monthly. On a year on year basis Vietnam’s retail sales MoM increased by 157.14%. Vietnam’s retail sales MoM trend is down since the current value of 5.4 is lower than the 12 month moving average of 1.86667.

Vietnam GDP

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Real GDP11892203847180-0.6908850.866193-1.01.002020-09-01
gdp growth annual4.482.690.665428-0.414379-1.0-1.00.12020-10-01
gdp261.92245.210.06814572.383541.01.002019-01-31
gdp growth6.886.730.022288301.0-1.002018-10-01

Vietnam’s Real GDP icnreased to 3847180.0 by 49.22% on August 2020 from 2578110.0 in the previous Quarterly. On a year on year basis Vietnam’s Real GDP increased by 17.92%. Vietnam’s Real GDP trend is down since the current value of 3847180.0 is lower than the 12 month moving average of 1977070.0.Vietnam’s gdp growth annual icnreased to 4.48 by 66.54% on October 2020 from 2.69 in the previous Quarterly. On a year on year basis Vietnam’s gdp growth annual decreased by -41.44%. Vietnam’s gdp growth annual trend is down since the current value of 4.48 is lower than the 12 month moving average of 5.61417.Vietnam’s gdp icnreased to 261.92 by 6.81% on January 2019 from 245.21 in the previous Yearly. On a year on year basis Vietnam’s gdp increased by 238.35%. Vietnam’s gdp trend is down since the current value of 261.92 is lower than the 12 month moving average of 174.94.Vietnam’s gdp growth icnreased to 6.88 by 2.23% on October 2018 from 6.73 in the previous Quarterly. Vietnam’s gdp growth trend is down since the current value of 6.88 is lower than the 12 month moving average of 6.5925.

Vietnam inflation

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
inflation cpi2.92.70.07407410.2083331.01.00.5666672021-05-31
core inflation rate1.130.950.189474-0.555118-1.0-1.00.12021-05-31
consumer price index cpi104.68104.520.00153081-0.1009191.0-1.00.12021-05-31
Producer Price Index100.2799.220.01058250.0293604-1.01.002020-09-01

Vietnam’s inflation cpi decreased to 0.19 by -87.16% on December 2020 from 1.48 in the previous Monthly. On a year on year basis Vietnam’s inflation cpi decreased by -96.37%. Vietnam’s inflation cpi trend is down since the current value of 0.19 is lower than the 12 month moving average of 3.24333.Vietnam’s core inflation rate decreased to 0.99 by -38.51% on December 2020 from 1.61 in the previous Monthly. On a year on year basis Vietnam’s core inflation rate decreased by -64.39%. Vietnam’s core inflation rate trend is down since the current value of 0.99 is lower than the 12 month moving average of 2.31333.Vietnam’s consumer price index cpi icnreased to 103.45 by 0.12% on December 2020 from 103.33 in the previous Monthly. On a year on year basis Vietnam’s consumer price index cpi decreased by -10.23%. Vietnam’s consumer price index cpi trend is down since the current value of 103.45 is lower than the 12 month moving average of 107.286.Vietnam’s Producer Price Index icnreased to 99.22 by 0.17% on August 2020 from 99.05 in the previous Quarterly. On a year on year basis Vietnam’s Producer Price Index decreased by -4.11%. Vietnam’s Producer Price Index trend is down since the current value of 99.22 is lower than the 12 month moving average of 100.835.

Vietnam Government Policy

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government budget-4.4-3.50.2571433.88889-1.0-1.002019-01-31
Government budget-203441-1915000.062355117.1725-1.0-1.002019-01-31
government revenues155107014249100.08853893.612531.01.002019-01-31
fiscal expenditure175452016164100.08544244.049441.01.002019-01-31

Vietnam’s Government budget icnreased to -203441.0 by 6.24% on January 2019 from -191500.0 in the previous Yearly. On a year on year basis Vietnam’s Government budget increased by 1717.25%. Vietnam’s Government budget trend is down since the current value of -203441.0 is lower than the 12 month moving average of -127610.0.Vietnam’s government revenues icnreased to 1551070.0 by 8.85% on January 2019 from 1424910.0 in the previous Yearly. On a year on year basis Vietnam’s government revenues increased by 361.25%. Vietnam’s government revenues trend is down since the current value of 1551070.0 is lower than the 12 month moving average of 915944.0.Vietnam’s fiscal expenditure icnreased to 1754520.0 by 8.54% on January 2019 from 1616410.0 in the previous Yearly. On a year on year basis Vietnam’s fiscal expenditure increased by 404.94%. Vietnam’s fiscal expenditure trend is down since the current value of 1754520.0 is lower than the 12 month moving average of 1043550.0.

Vietnam Monetary Policy

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interest rate44.5-0.111111-0.36-1.0-1.00.01666672020-06-12
money supply m0119810010850200.1042194.433221.01.002019-01-31
money supply m1245666021740300.1300034.540141.01.002019-01-31
money supply m21057370092118500.1478376.842591.01.002019-01-31

Vietnam’s interest rate decreased to 4.0 by -11.11% on June 2020 from 4.5 in the previous Daily. On a year on year basis Vietnam’s interest rate decreased by -36.0%. Vietnam’s interest rate trend is down since the current value of 4.0 is lower than the 12 month moving average of 5.75.Vietnam’s money supply m2 icnreased to 10573700.0 by 14.78% on January 2019 from 9211850.0 in the previous Yearly. On a year on year basis Vietnam’s money supply m2 increased by 684.26%. Vietnam’s money supply m2 trend is down since the current value of 10573700.0 is lower than the 12 month moving average of 5321040.0.

Vietnam Employment

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
unemployment rate2.372.5-0.0520.07239821.01.002020-10-01
youth unemployment rate6.987.01-0.0042796-0.08996091.0-1.002020-04-01

Vietnam’s unemployment rate icnreased to 2.73 by 22.97% on April 2020 from 2.22 in the previous Quarterly. On a year on year basis Vietnam’s unemployment rate increased by 20.8%. Vietnam’s unemployment rate trend is down since the current value of 2.73 is lower than the 12 month moving average of 2.23333.Vietnam’s youth unemployment rate decreased to 6.98 by -0.43% on April 2020 from 7.01 in the previous Quarterly. On a year on year basis Vietnam’s youth unemployment rate decreased by -9.0%. Vietnam’s youth unemployment rate trend is down since the current value of 6.98 is lower than the 12 month moving average of 6.90333.

Vietnam Trade & Capital Flows

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
current account8368-323-26.90710.9460471.01.002020-05-01
current account to gdp52.41.08333-1.555561.01.002019-01-31
exports25.529.125-0.1244640.4505121.01.00.9666672021-04-30
imports2827.780.007919370.5401541.01.012021-05-31
balance of trade-21.2-2.66667-2.9802-1.0-1.00.1666672021-05-31
capital flows3091241-0.751007-0.887226-1.0-1.002020-04-01
foreign direct investment7.155.50.30.0671642-1.01.00.5166672021-05-01

Vietnam’s current account decreased to 8368.0 by -2690.71% on May 2020 from -323.0 in the previous Quarterly. On a year on year basis Vietnam’s current account increased by 94.6%. Vietnam’s current account trend is down since the current value of 8368.0 is lower than the 12 month moving average of 3090.42.Vietnam’s current account to gdp icnreased to 5.0 by 108.33% on January 2019 from 2.4 in the previous Yearly. On a year on year basis Vietnam’s current account to gdp decreased by -155.56%. Vietnam’s current account to gdp trend is down since the current value of 5.0 is lower than the 12 month moving average of 0.691667.Vietnam’s exports icnreased to 26.5 by 5.0% on December 2020 from 25.238 in the previous Monthly. On a year on year basis Vietnam’s exports increased by 17.46%. Vietnam’s exports trend is down since the current value of 26.5 is lower than the 12 month moving average of 23.3469.Vietnam’s imports icnreased to 27.5 by 11.38% on December 2020 from 24.69 in the previous Monthly. On a year on year basis Vietnam’s imports increased by 23.32%. Vietnam’s imports trend is down since the current value of 27.5 is lower than the 12 month moving average of 21.8789.Vietnam’s balance of trade decreased to -1.0 by -283.15% on December 2020 from 0.546 in the previous Monthly. On a year on year basis Vietnam’s balance of trade decreased by -484.61%. Vietnam’s balance of trade trend is down since the current value of -1.0 is lower than the 12 month moving average of 1.59208.Vietnam’s capital flows decreased to 309.0 by -75.1% on April 2020 from 1241.0 in the previous Quarterly. On a year on year basis Vietnam’s capital flows decreased by -88.72%. Vietnam’s capital flows trend is down since the current value of 309.0 is lower than the 12 month moving average of 3564.58.Vietnam’s foreign direct investment icnreased to 20.0 by 16.28% on December 2020 from 17.2 in the previous Quarterly. On a year on year basis Vietnam’s foreign direct investment decreased by -1.86%. Vietnam’s foreign direct investment trend is down since the current value of 20.0 is lower than the 12 month moving average of 9.71917.

Vietnam Reserves

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
foreign exchange reserves97708.797023.90.007058050.210151.01.00.352021-02-28

Vietnam’s foreign exchange reserves icnreased to 88351.2 by 0.64% on September 2020 from 87790.3 in the previous Yearly. On a year on year basis Vietnam’s foreign exchange reserves increased by 28.39%. Vietnam’s foreign exchange reserves trend is down since the current value of 88351.2 is lower than the 12 month moving average of 81050.7.Vietnam’s government debt to gdp decreased to 57.5 by -1.2% on January 2018 from 58.2 in the previous Yearly. On a year on year basis Vietnam’s government debt to gdp increased by 49.74%. Vietnam’s government debt to gdp trend is down since the current value of 57.5 is lower than the 12 month moving average of 50.5167.Vietnam’s external debt decreased to 108118.0 by -3.56% on January 2019 from 112114.0 in the previous Yearly. On a year on year basis Vietnam’s external debt increased by 368.63%. Vietnam’s external debt trend is down since the current value of 108118.0 is lower than the 12 month moving average of 70539.6.

Vietnam Debt

DebtActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government debt to gdp46.743.50.07356320.5064521.01.002020-01-31
external debt108118112114-0.03564233.686321.01.002019-01-31

Vietnam’s government debt to gdp decreased to 57.5 by -1.2% on January 2018 from 58.2 in the previous Yearly. On a year on year basis Vietnam’s government debt to gdp increased by 49.74%. Vietnam’s government debt to gdp trend is down since the current value of 57.5 is lower than the 12 month moving average of 50.5167.Vietnam’s external debt decreased to 108118.0 by -3.56% on January 2019 from 112114.0 in the previous Yearly. On a year on year basis Vietnam’s external debt increased by 368.63%. Vietnam’s external debt trend is down since the current value of 108118.0 is lower than the 12 month moving average of 70539.6.

Vietnam Banking activity

Fiscal PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interbank rate1.591.5900.2721.01.00.82021-05-18
deposit interest rate4.124.98-0.172691-0.676355-1.0-1.002020-01-01

Vietnam’s interbank rate decreased to 4.55 by -2.13% on September 2019 from 3.97 in the previous Daily. On a year on year basis Vietnam’s interbank rate decreased by -8.43%. Vietnam’s interbank rate trend is down since the current value of 4.55 is lower than the 12 month moving average of 4.27083.Vietnam’s deposit interest rate decreased to 4.68 by -2.09% on January 2018 from 4.78 in the previous Yearly. On a year on year basis Vietnam’s deposit interest rate decreased by -38.66%. Vietnam’s deposit interest rate trend is down since the current value of 4.68 is lower than the 12 month moving average of 7.865.

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