HANOI, Dec 27 (Reuters) - Following are Vietnam's updated
economic indicators <VNECI01> <VNECI02>. * Updated today
CURRENCY/INTEREST RATES
Dec 27 Dec. 29, 2006 Dec 27, 2006
*Dlr/dong (c.bank rate) 16,113 16,091 16,092
*The VN Index <.VNI> 921.75 751.77 754.63
Latest Previous (Dec 05)
Base rates for dong loans 8.25 7.8
Discount rate 4.5 4.0
Re-discount rate 6.5 6.0
GDP, pct
*2007 2006 2005 2004 2003 2002 2001 2000
8.48 8.17 8.44 7.79 7.34 7.08 6.89 6.79
________2007________ ___________2006_____________
Q3 Q2 Q1 Q3 Q2 Q1
8.69 7.98 7.73 8.67 7.54 7.18
CONSUMER PRICE INDEX, pct
2006 2005 2004 2003 2002 2001 2000
6.6 8.4 9.5 3.0 4.0 0.8 -0.6
___________________2007__________________________
*Dec Nov Oct Sept Aug July June Dec 06
Y/y 12.6 10.0 9.3 8.8 8.6 8.4 7.8 6.6
M/m 2.9 1.2 0.7 0.5 0.6 0.9 0.9 0.5
RETAILS SALES GROWTH, pct
*2007 2006 2005 2004 2003 2002 2001 2000
23.3 20.9 20.5 19.4 18.8 14.5 11.3 9.7
_________2007____________________ ________2006__________
*Jan-Dec 9-mth H1 Q1 Jan-Dec 9-mth H1
23.3 22.8 22.9 22.3 2x.x 20.4 19.7
TRADE ACCOUNT, in billions of dollar
*2007 2006 2005 2004 2003 2002 2001 2000
-12.4 -5.06 -4.31 -5.48 -5.12 -3.04 -1.19 -1.15
2007 *Dec *Nov Oct Sept Aug July June May Apr Mar
EXP 4.70 4.50 4.28 3.73 4.31 4.28 4.19 4.14 3.65 3.88
IMP 6.30 5.75 5.63 4.96 5.34 5.24 5.01 5.41 4.49 4.48
BAL -1.60 -1.25 -1.35 -1.23 -1.03 -0.96 -0.82 -1.27 -0.84 -0.60
(Figures for the latest month are estimates)
INDUSTRIAL GROWTH, pct, y/y
*2007 2006 2005 2004 2003 2002 2001
Overall 17.1 17.0 17.2 16.0 16.0 14.5 14.2
________________________2007________________________
*Dec Nov Oct Sept Aug July June
Overall 20.7 17.4 16.7 18.1 18.9 18.7 19.5
State 12.9 10.6 11.4 11.5 13.2 14.8 15.3
Non-state 24.3 21.0 19.0 23.6 20.5 20.8 20.9
F.invested 21.3 18.0 17.7 17.1 21.4 19.4 21.1
SOURCES: General Statistics Office, ministries, the central bank
NON-PERFORMING LOANS, pct
2006 2005
-- Central bank 3.2 3.18
(17.8 trln dong)
(Loans totalled 800 trillion dong in March 2007)
-- Foreign experts about 15 (int'l accounting)
4 (Vietnamese accounting)
FORECASTS/TARGETS
GDP, pct 2008 2007
-- Government/GSO *9.0 *8.48
-- ADB 8.5 8.3
-- IMF 8.2 8.3
-- World Bank 8.2 8.3
(Hanoi targets Q4 GDP up 9.3 percent; The ruling Communist Party
targets annual GDP growth at 7.5-8 percent for 2006 to 2010, up
from the average 7.51 percent for 2001-2005)
CPI, pct 2008 2007
-- Government/GSO below 9.0 *8.3
-- ADB 6.8 7.8
-- IMF 7.7 7.3
-- World Bank 7.3 8.0
-- MPI *7.5-8.0
(Data from GSO, ADB and IMF are the average rates)
MONEY AND CREDIT, by IMF, pct
Broad money 33.6
Credit growth 29.0
-- Central bank *34.0 (vs. target of 18-22)
-- World Bank 25.0 30.0
EXPORT GROWTH, pct
-- Government/GSO 20-22 *21.5
-- ADB 22.0 18.0
-- World Bank 19.0 19.0
IMPORT GROWTH, pct
-- Government/GSO 20-22 *35.5
-- IMF 19.0 21.4
-- World Bank 18.3 23.2
TRADE DEFICIT, in billions of dollar
-- Government 10.8-10.9 *12.4
-- World Bank 8.92 7.82
INDUSTRIAL GROWTH, pct
-- Government 17.1
-- ADB 10.6 18.0
-- World Bank 17.5 17.5
2008 2007 2006 2005
CURRENT ACCOUNT BALANCE/GDP, pct
-- ADB -4.7 -0.5 -2.1 -3.6
-- World Bank -3.2 -3.2 -0.3 -0.9
FOREIGN CURRENCY RESERVES in weeks of import
-- Central bank 20.0 (July)12.0 10-12
-- World Bank 15.5 15.2 10.4 9.4
FOREIGN CURRENCY RESERVES, in billions of dollar
-- Government/C.bank 19.0 12.0
-- ADB (-gold) *20.3 *13.4 9.1
-- IMF (+gold) 23.66 19.93 11.5 8.6
(ADB estimate for 2007 is as of September)
FOREIGN DEBT, in billions of dollar
-- Fin. Ministry 20.0
-- World Bank 24.0 21.3 18.4 17.1
FOREIGN DEBT/GDP, pct
-- Government/Fin. Min 30.3 37.3 35.8
-- ADB *32.6 32.5
-- World Bank 30.2 30.8 30.2 32.2
*FOREIGN DIRECT INVESTMENT, actual inflow in billions of dollar
*2007 2006 2005 2004 2003 2002 2001 2000
4.60 3.96 3.31 2.85 2.65 2.59 2.45 2.41
MPI *Jan-Dec 07 Jan-Dec 06 2007 target
New projects 17.60 9.07 13.0
Increased capital 2.65 1.39 ~
2008 2007 2006 2005
MPI (2007: forecast) ~ 20.0 10.20 5.89
World Bank (inflow) 3.2 2.8 2.40 2.00
FOREIGN INDIRECT INVESTMENT, in billions of dollar
Dec 07 Sept 07 June 07 Mar 07 Dec 06
7.6 6.2 5.0 3.0-4.0 2.30
GOVERNMENT TARGETS, pct 2008 2007 FORECASTS
Industry, construction 10.6-11.0 10.6
Services 8.7-9.2 8.7
Agriculture, forestry and
fisheries 3.5-4.0 3.5
Investment/GDP 42 40.5
Budget income ($ bln) 19.0 17.8
Budget expenditure ($ bln) 24.6 22.1
Population (mlns) 86.3 85.3
Poor families 11-12 14.9
Urban unemployment rate 5.1 5.2
Per capita income ($) 960 835
POPULATION
*2007 2006 2005 2004 2003 2002 2001 2000
Mlns 85.20 84.16 83.11 82.03 80.90 79.73 78.69 77.64
URBAN UNEMPLOYMENT, pct
4.82 5.31 5.60 5.78 6.01 6.28 6.42
LONG-TERM CURRENCY RATINGS
Rating Outlook
S&P (Sept. 14, 2007) BB/B (foreign) BB+/B (local) stable
Fitchs (March 21, 2007) BB- (foreign) BB (local) stable
Moody's (March 16, 2007) Ba3 (foreign, local bonds) positive
Ba2 (foreign-currency country ceiling
for bonds and notes) stable
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