Global Reputation and Good Execution
Vietnam Is The Brightest Spot In Southeast Asia's Macro-Economy
COVID-19 Outbreak In Vietnam Has Swiftly Been Under Controlled
Due To Government's Strong Commitment And Determination(1)
Targets To Spend Highest Level Of Public Investment As % Of GDP And
Has Made Strongest Rate Cuts in 2020 YTD To Support Local Economy
Public investment as % of GDP (2020 Target)
(No. of new cases)
5,000
4,000
3,000
46
37
41
32
27
2,000
1,000.
81
75
57
(Index)
100
Policy
3.971
rate cuts
200
175
N/A
75
125
100
80
60
52
(bps, YTD)
2645
57
60
10.4%
40
20
6.6%
3.9%
3.9%
3.8%
2.6%
0
0
2
10
46
60
LAO BRU
CAM
EST
THA
VIE
MAL
MYA SIN
IND
PHI
I Average new case/7 days
Rapid response index
VIE
PHI
SIN
THA
MAL
IND
40
40
The Only Country In Southeast Asia Expecting Positive Domestic
Consumption Growth In 2020
Domestic consumption growth (%)
The Only Country In Southeast Asia Expecting Positive Domestic
Consumption Growth In 2020 Least Impacted By COVID-19 With
Strongest Recovery Trajectory(2)
Real GDP growth (%)
Public investment as %
of GDP (2020 Target)
7.2%
5.5%
3.3% 4.0%
(3.9%)
1.7%
1.5%
(2.0%)
(3.9%)
(3.9%)
(5.5%)
11.2
6.8
8.4
9.6 7.6
6.2 4.4
6.3
6.2
6.3 5.8
1.9
2.7
(9.5)
(9.4%)
VIE
IND
MAL
THA
PHI
SIN
-2019
■2020F
Source:
(1) Asian Development Outlook 2020 (ADO) Report - Asian Development Bank, Sep 2020, CEIC.
(2) Report of S&P Global: Economic Research: Asia-Pacific's Recovery: The Hard Work Begins, Sep 2020.
PHI
(7.2)
THA
(1.1)
(5.8)
(5.0)
SIN
MAL
IND
VIE
■2020
2021
■2022View entire presentation