Vietnam is always the first in Asia to publish quarterly GDP and the Q3 data published today showed that its economic recovery is gaining strength. The improvement, as in China, is coming on the back of a big expansion of credit to the state sector and to the private sector. Sustained and strong recovery should be expected but inflation will probably pick up sharply too. Vietnam should, and probably will, start to hike rates soon to head off the risk that it suffers another overheating crisis.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services