This brief discusses the economic development of Vietnam for June 2023. Continued weak external demand and global uncertainties are adversely affecting the economy, translating into contraction in exports and imports, and a slowdown in industrial production. While domestic consumption (proxied by retail sales) remains robust and comparable to pre-pandemic levels, credit growth continues to slow, reflecting weak credit demand. If global financial conditions...
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DETAILS
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2023/06/01
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Brief
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182908
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1
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2023/06/16
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Disclosed
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Vietnam Macro Monitoring
Citation
World Bank.
Vietnam Macro Monitoring (English). Vietnam Macro Monitoring Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099418106162315268