Vietnam enhances data transparency with NSDP

Statistics from the State Bank of Vietnam will be available in the NSDP. (LM)

Vietnam has launched an online page for disemminating macroeconomic data critical for monitoring economic conditions and policies.

Dubbed National Summary Data Page (NSDP), the page is a recommendation of the International Monetary Fund’s Enhanced General Data Dissemination System (e-GDDS) and will serve policy makers and domestic and international stakeholders, including investors and rating agencies.

The NSDP is hosted by the website of the General Statistics Office (GSO) of Vietnam, utilizes the Statistical Data and Metadata Exchange, and is accessible on the IMF’s Dissemination Standards Bulletin Board. It contains links to statistics published by official data producers, namely the GSO, the State Bank of Vietnam and the Ministry of Finance.

Louis Marc Ducharme, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, welcomed this major milestone in the country’s statistical development.

“I congratulate the authorities for the launch of the NSDP, an important step forward in data dissemination. I am confident that Vietnam will benefit from using the e-GDDS as a framework for further development of its statistical system,” said Ducharme.

The e‑GDDS was established by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance.