1. Market Research
Country Forecast Vietnam November 2017 Updater

Country Forecast Vietnam November 2017 Updater

  • November 2017
  • ID: 359058
  • Format: PDF


Table of Contents

Search Inside

  • The Communist Party of Vietnam (CPV) will maintain a firm grip on power despite factional splits over economic and foreign policy. There will be no credible threat to the CPV's rule in the forecast period, and the party's opponents will find it more difficult to voice their opinions.
  • Vietnam will maintain an omnidirectional foreign policy. Ties with China will be strained owing to territorial disputes in the South China Sea. The authorities will be keen to cultivate ties with other regional powers, such as Japan and India, to counterbalance China.
  • Vietnam-US ties will improve in 2018-22, despite the US's decision to withdraw from the Trans-Pacific Partnership trade agreement. Security ties will strengthen further.
  • The government will continue to restructure the banking sector (owing to the still-high level of bad debts) and state-owned enterprises, but there will be only gradual progress. Beyond this, efforts at economic liberalisation will centre on international trade, anchored by a handful of significant trade deals.
  • The Economist Intelligence Unit expects that the fiscal account will remain in deficit owing to cuts to trade tariffs, ambitious infrastructure development plans and increasingly costly social welfare programmes. The deficit will narrow slowly, from an estimated equivalent of 5.5% of GDP in 2017 to 4.2% in 2022.
  • We estimate that real GDP growth rebounded to 6.3% in 2017. Growth prospects are good for 2018, and we forecast real GDP growth of 6.5%. Vietnam will experience a cyclical slowdown in 2019-20, in part owing to an expected business-cycle recession in the US and the ongoing effects of a deceleration in China. We expect a recovery in 2021-22, in tandem with a bounce in global trade.
  • Vietnam will benefit from the migration of low-cost export operations from China and overall foreign investment into manufacturing, attracted by its stable politics, low wages, reform outlook and participation in key trade deals.
  • A patchy pick-up in global oil prices, a weakening dong and growing demand-side pressures will exert upward pressures on inflation. The State Bank of Vietnam (the central bank) will start tightening policy in mid-2018. Consumer price inflation will remain at a manageable annual average of 4% in 2018-22.
  • The value of merchandise exports will grow rapidly as external demand rises-albeit unevenly-in 2018-22. However, the current account will remain in deficit in 2018-22 after moving back into the red in 2017.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Consumer Appliances in Vietnam

Consumer Appliances in Vietnam

  • $ 2650
  • February 2019

Vietnam’s economy grew rapidly in 2018, posting its best performance for the past eight years as a result of impressive manufacturing growth, exports and investment expansion. According to the General ...

The Baby Food Sector in Vietnam, 2018

The Baby Food Sector in Vietnam, 2018

  • $ 3275
  • January 2019

The Baby Food Sector in Vietnam, 2018SummaryIt is estimated that 1.5 million babies were born in Vietnam in 2017, resulting in a baby population of 4.4 million (aged 0-3 years). In general, there has been ...

Retailing in Vietnam

Retailing in Vietnam

  • $ 2100
  • January 2019

In 2017 and 2018, Vietnamese retailing continued to become more consolidated as key players acquired smaller companies to expand their network and increase their share: Mobile World JSC completed its acquisition ...

Tissue and Hygiene in Vietnam $ 2650 March 2019

Health and Wellness in Vietnam $ 2100 April 2019

Hot Drinks in Vietnam $ 2100 March 2019

Home Care in Vietnam $ 2650 February 2019


Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on