Data published in Vietnam over the next few days should confirm that the economy expanded at a rapid pace in Q4 but inflation remains far too high. What’s more, recent debt downgrades have highlighted the governance problems in state-owned enterprises and the increased uncertainty over whether the central government will support companies which get into trouble. The pressure to correct policies looks unstoppable. We expect that Vietnam will respond once a leadership reshuffle has been pushed through at the mid-January National Party Congress.
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