Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments

Global growth is projected to pick up to 3.4 percent in 2015 and 3.5 percent in 2016, propelled by highincome countries. Developing country growth will benefit from these tailwinds, with growth projected to increase from 4.8 percent in 2014 to 5.5...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Publications & Research
Language:	English en_US
Published:	Hanoi 2014
Subjects:	ACCESS TO CAPITAL ACCESS TO INFORMATION ACCESS TO LOANS ACCOUNTABILITY ACCOUNTING AGRICULTURAL OUTPUT AGRICULTURE ALTERNATIVE INVESTMENTS ASSET CLASSIFICATION ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES BAD DEBTS BALANCE SHEET BALANCE SHEETS BANK DEPOSITS BANK POLICY BANKING SECTOR BANKING SECTOR REFORMS BANKING SECTOR STABILITY BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BASIS POINTS BILATERAL TRADE BINDING CONSTRAINT BONDS BUDGET DEFICIT BUDGETING BUSINESS LICENSES CAPITAL ACCOUNT CAPITAL ADEQUACY CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL PROJECTS CDS CENTRAL BANK COMMERCIAL BANKS COMPETITIVENESS CONSOLIDATION CONSUMER PRICE INDEX CONTINGENT LIABILITIES CORPORATE GOVERNANCE CREDIT AVAILABILITY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT GROWTH CREDIT INSTITUTION CREDIT INSTITUTIONS CREDIT RATING CREDIT RATING AGENCY DEBT BURDENS DEBT FINANCING DEBT MANAGEMENT DEBTS DEPOSIT DEPOSITOR DEPOSITS DEVALUATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ASSISTANCE DIVIDEND POLICY DIVIDENDS DOMESTIC BANKS DOMESTIC DEBT ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EMPLOYMENT ENABLING ENVIRONMENT EQUIPMENT EQUITY INVESTMENT ETHNIC MINORITIES EXCHANGE RATE EXPENDITURE ASSIGNMENTS EXPENDITURES EXPORT GROWTH EXPORTS EXTERNAL TRADE FINANCIAL CRISIS FINANCIAL MARKET FINANCIAL PERFORMANCE FISCAL DEFICIT FISCAL DEFICITS FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKETS FOREIGN EXCHANGE RESERVES FOREIGN HOLDINGS FOREIGN INVESTORS GDP GINI COEFFICIENT GLOBAL ECONOMY GOVERNMENT ACCOUNTING STANDARDS GOVERNMENT EXPENDITURE GOVERNMENT REVENUE GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH PROJECTIONS GROWTH RATE HEALTH EXPENDITURES HOUSING IMPAIRED ASSETS IMPORT TARIFFS INCOME INCOME DISTRIBUTION INCOME GROWTH INCOME INEQUALITY INCOME LEVEL INCOME TAX INCOMES INFLATION INFORMATION DISCLOSURE INITIAL PUBLIC OFFERINGS INSOLVENCY REGIME INSURANCE INTEREST RATES INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL INVESTMENT INTERNATIONAL STANDARDS INVENTORIES INVENTORY INVESTMENT ACTIVITIES INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT PROCESS INVESTMENT PROJECTS INVESTOR CONFIDENCE ISSUANCE LABOR MARKET LAND USE LAWS LEGAL FRAMEWORK LEGAL REFORM LENDING PRACTICES LENDING SPREADS LEVEL PLAYING FIELD LIQUIDATIONS LIQUIDITY LIVING STANDARDS LOAN LOAN CLASSIFICATION LOAN GUARANTEES LOTTERY MACROECONOMIC ENVIRONMENT MACROECONOMIC RISKS MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MARKET ECONOMY MARKET MECHANISMS MARKET PRICES MARKET TRENDS MARKET VALUE MERGERS MONETARY POLICY NATURAL DISASTERS NET EXPORTS NON-PERFORMING LOANS NPL OWN SOURCE REVENUE OWNERSHIP STRUCTURE POLICY RESPONSES POLITICAL STABILITY POOR ASSET QUALITY PORTFOLIO PORTFOLIO QUALITY POWER PARITY PRICE MOVEMENTS PRICE STABILITY PRIVATE INVESTMENT PRIVATE INVESTORS PRODUCTION INPUTS PRODUCTIVITY PROFITABILITY PUBLIC DEBT PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SECTOR DEBT PUBLIC SERVICES PURCHASING POWER REAL ESTATE REAL GDP RECAPITALIZATION RECURRENT EXPENDITURE REGULATORY FRAMEWORK REMITTANCES RESERVE RESERVE FUND RETURN RETURN ON ASSET RETURN ON EQUITY REVENUE SHARING RISK AVERSION SECURITIES SHAREHOLDERS SKILLS SHORTAGES SOVEREIGN RISK SOVEREIGN RISKS STATE BANK STOCK EXCHANGE STRATEGIC INVESTORS STRUCTURAL PROBLEMS SYSTEMIC RISK TAX ADMINISTRATION TAX COLLECTION TAX POLICY TAX REVENUES TOTAL REVENUE TRADE DEFICIT TRADE RELATIONS TRADING TRANSPARENCY TRANSPORT TURNOVER UNDERLYING PROBLEMS UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED VOLATILITY WAGES WATER SUPPLY WEALTH WTO
Online Access:	http://documents.worldbank.org/curated/en/2014/07/19791861/taking-stock-update-vietnams-recent-economic-development http://hdl.handle.net/10986/19987

Description
Summary:	Global growth is projected to pick up to 3.4 percent in 2015 and 3.5 percent in 2016, propelled by highincome countries. Developing country growth will benefit from these tailwinds, with growth projected to increase from 4.8 percent in 2014 to 5.5 percent in 2016 broadly in line with potential. Global growth projections for 2014, however, have been marked down from 3.2 percent to 2.8 percent on account of the bumpy start this year, buffeted by poor weather in the United States, financial market turbulence and the conflict in Ukraine. The outlook for the East Asia and the Pacific region continues to reflect several counterbalancing factors, including domestic policy adjustment, volatile financing conditions, political crisis in Thailand, and sustained recovery in global demand for exports. Regional GDP growth is expected to slow down slightly to 7.0 percent by 2016, about 2 percentage points slower than the pre-crisis boom years but broadly in line with potential. Regional risks include volatility and eventual tightening of global financing conditions, possible setbacks in China s restructuring and a weaker contribution from net exports than assumed in the baseline. Potential escalation of regional political tensions presents additional risk to the outlook.

Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments

Similar Items