The ASEAN+3 Macroeconomic Research Office has pre-empted the release of its annual consultation report with Vietnam with this press release.
Key takeaways:
- Vietnam’s economic growth in the near term remains fragile;
- The rate at which Vietnam’s population is ageing could weigh on medium-to-long-term growth potential;
- A drop in liquidity in the bond market could be problematic if corporate bond issuers are unable to roll over their debt; and
- Fiscal policy support should be targeted at small and medium enterprises and households.
This adds further context to AMRO’s recent findings in its quarterly outlook.