SUMMARY
 
With the epidemic situation in the country lasting throughout Q3/2021, the main economic indicators in the quarter all decreased seriously. GDP in Q3/2021 grew negatively and GDP in 3Q narrowed compared to the same period in 2020. The total state budget revenue, in general, is 9M, although still increasing, and the central budget reserve expenditure in 2021 has been spent on epidemic prevention. Most of the construction works had to stop during the prolonged social distancing period, delaying the construction progress & disbursement of public investment capital. Businesses and people's lives are facing difficulties.
 
Accordingly, the State Bank still maintains the orientation of monetary easing and implements many measures/plans to support businesses. In September 2021, the money market continued to lower the VND deposit interest rate to the lowest level in many years. Circular 14/2021/TT-NHNN was issued amending and supplementing Circular 01/2020/TT-NHNN on the rescheduling of debt repayment, exemption, and reduction fees, keeping the debt group to support customers affected by the Covid-19 epidemic
 
TABLE OF CONTENTS
 
A. VIETNAM MACROECONOMICS
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
State budget
Investment capital for social development
Foreign Direct Investment (FDI)
Manufacturing sector
Retail & Consumption
Import and export
Business registration status
 
B. FINANCIAL MARKET
Credit system
Government Bonds
Corporate Bonds
Stock market
 
C. UPDATE OF SOME KEY INDUSTRIES
Logistics
Oil and Gas
Coal
Electricity
Steel
Textile, Garment and Footwear
Cement
Seafood
Wooden products
Rubber
Fertilizer
Animal feed
Rice
 
D. COMMODITY PRICE
Crude oil price movements and currencies
Price movements of some commodities