Economic Update – Vietnam starting to feel the hit of Covid-19
- Economic activities on both the supply and demand sides have been significantly affected by the Covid-19 outbreak.
- We expect inflation to average higher in 2020F but remain under control at below 4.0%.
- Given the concerns over the coronavirus outbreak, we cut our 2020F growth forecast to 6.0% and expect a 25bp rate cut in 1H20F.
Please follow this link for the full report
You Might Be Interested
Economics Note
100
Vietnam’s 2Q23 GDP rose 4.1% yoy, a slight improvement from 3.3% yoy growth in 1Q23. We forecast Vietnam’s GDP to increase 7.1% yoy in 2H23, thus lifting 2023 full-year growth rate to 5.5% you. The implementation of fiscal expansion policy…
Economics Note
195
Implemented FDI increased by 3.3% yoy to reach US$1.6bn in Apr 2023 while registered capital surged by 80.5% yoy to US$3.4bn. Vietnam’s CPI cooled down to 2.8% yoy in Apr, the lowest level in 1 year We maintain our GDP…
Economics Note
122
The Fed raised its target range for the Federal Funds rate to between 5% and 5.25% and hinted that the current tightening cycle is at an end. The State bank of Vietnam (SBV) announced to buy US$6bn in foreign exchange…
VI
EN
JA
ZH
