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_______________________________________________________________________________________________________ 1 Economic Statistics in Viet Nam 2 National Statistical Website: http://www.gso.gov.vn World Bank Economic Grouping: Lower middle-income Coordination Population (millions, 2014): 92.5 2 GDP per capita (2005 PPP, 2012): 3,244 Advocacy ▪ Agencies involved in economic statistics: ○ General Statistics Office; State Bank ○ Ministry of Planning and Investment ○ Ministry of Natural Resources and Environment ○ Ministry of Agriculture and Rural Development ○ Ministries of Finance, Public Security, and Health ○ Ministry of Industry and Trade ○ Ministries of Transportation and Construction ○ Ministry of Information and Communication ○ Ministry of Education and Training ○ Ministry of Labor, War, Invalids, & Social Welfare ○ Ministry of Culture, Sports & Tourism ▪ Viet Nam Statistical Development Strategy is being implemented ▪ Statistical law protects confidentiality and independence of statistical information ▪ Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ▪ Publication policies in place and available to users/staff ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it International Collaboration ▪ Interested in participating in RPES as both a provider and a recipient of technical assistance ▪ Partnered with IMF, ASEAN, UNICEF, Denmark, EUROSTAT, Japan, Sweden, the World Bank, UNDP, and UNFPA ▪ Participant in International Comparison Programme for calculating purchasing power parities since 1993 Statistical Infrastructure Key Collections/Compilations Frequency Timeliness National Accounts Quarterly 1 month Balance of Payments Quarterly 3 months Labour Force Survey Annually 6 months Household Income/Expenditure Survey Every 2 years 8 months Enterprise/Establishment Survey Annually 12 months Population Census Every 10 years 15 months Economic Census Every 5 years 12 months Agricultural Census Every 5 years 6 months × × 1 Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - COICOP - Plans to make BoP coherent with BPM6 Quality assessment framework is not available but implementation is planned Centralized national metadata repository is not available Centralized business register is currently used for multiple statistical products Established methods for identifying ‘births’ and ‘deaths’ of businesses IT systems are considered adequate for producing the Core Set of Economic Statistics This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap.org/official-documents/committee-on-statistics/session/2 2 ESCAP Statistical Yearbook for Asia and the Pacific 2014: http://www.unescap.org/resources/statistical-yearbook-asia-and-pacific-2014 Technical Skills × Human resources are not considered adequate for producing the Core Set ● Guidelines for staff are available but internal processes are not documented Reported frequencies for indicators in the Core Set compared to RPES recommendations Table Legend Meet or Exceed Recommendations Price and Costs Demand and Output Income and Wealth ● Below Recommendations × Unavailable or No Response Core Indicator Reported Freq. RPES recommendations Consumer price index (CPI) Monthly Quarterly Producer price index (PPI) Quarterly Quarterly Commodity price index Unavailable Monthly × External merchandise trade price indices Unavailable Monthly × Wages / Earnings data Annually Quarterly ● Labour costs index / Wage index Unavailable Quarterly × GDP (production) nominal and real Quarterly Quarterly GDP (expenditure) nominal and real Quarterly Quarterly External trade – merchandise Monthly Monthly External trade – services Quarterly Quarterly Short-term indicator (STI) - industry output Monthly Quarterly STI – services output Monthly Quarterly STI – consumer demand Monthly Quarterly STI – fixed investment Annually Quarterly ● STI – inventories Monthly Quarterly Economy structure statistics Every 5 years Every 5 years Productivity Annually Annually Integrated national accounts Quarterly Annually Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Unavailable Annually × External debt Monthly Quarterly Income distribution Unavailable Every 5 years × Assets / liabilities of depository corporations Unavailable Monthly × Broad money and credit aggregates Unavailable Monthly × Interest rate statistics Weekly Monthly General government operations Annually Quarterly ● General government debt Monthly Quarterly Money and Banking Government Labour supply and demand Quarterly Annually Labour Market Hours worked Annually Quarterly ● Natural Resources and Environment Natural resources Annually Annually Summary of Responses to all 31 Indicators in the Core Set (comparison of two columns in the table above) Meet or Exceed Recommendations 19 Below Recommendations Unavailable or No Response 4 8