AMRO’s 2017 Annual Consultation Report on Vietnam

April 06, 2018 | Annual Consultation Report

In 2017, Vietnam’s economic growth has rebounded strongly with short-term outlook remaining positive, aided by improved global prospects and strengthened domestic demand. The external position has continued to improve, benefiting from strong exports and increased foreign investment, while ongoing consolidation efforts have also led to lower fiscal deficits and debt levels. In light of the recent strong growth momentum, AMRO encourages the authorities to further strengthen their policy focus on financial stability and fiscal sustainability. Ongoing efforts to expedite the non-performing loan resolution and bank recapitalization, including the recent endorsement of a pilot NPL resolution scheme, are welcome.


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