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...

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Bibliographic Details
Main Author: World Bank
Format: Publications & Research
Language:English
en_US
Published: Hanoi 2014
Subjects:
CDS
GDP
NPL
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
id okr-10986-19987
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
spellingShingle 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
World Bank
Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments
geographic_facet East Asia and Pacific
Vietnam
description 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.
format Publications & Research
author World Bank
author_facet World Bank
author_sort World Bank
title Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments
title_short Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments
title_full Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments
title_fullStr Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments
title_full_unstemmed Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments
title_sort taking stock, july 2014 : an update on vietnam's recent economic developments
publisher Hanoi
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/07/19791861/taking-stock-update-vietnams-recent-economic-development
http://hdl.handle.net/10986/19987
_version_ 1764444261371084800
spelling okr-10986-199872021-04-23T14:03:53Z Taking Stock, July 2014 : An Update on Vietnam's Recent Economic Developments World Bank 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 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. 2014-09-08T21:44:06Z 2014-09-08T21:44:06Z 2014-07 http://documents.worldbank.org/curated/en/2014/07/19791861/taking-stock-update-vietnams-recent-economic-development http://hdl.handle.net/10986/19987 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Hanoi Publications & Research Publications & Research :: Working Paper East Asia and Pacific Vietnam