Overall, macroeconomic performance has remained strong since the conclusion of the last Article IV Consultation. The authorities have introduced market-opening legislation in line with WTO requirements, but state-owned commercial banks (SOCBs) and state-owned enterprise (SOE) reforms remained uneven. The short-term outlook is broadly positive, but medium-term prosp...
This 2007 Article IV Consultation highlights that Vietnam has recorded continued strong economic performance since the conclusion of the last Article IV Consultation. GDP growth rose to 8.2 percent in 2006, with non-oil exports remaining an important engine of growth. Private investment has also expanded briskly. The near-term outlook remains broadly favorable, and...
The Joint Staff Advisory Note (JSAN) describes the progress of Vietnam over the last two years. It expects that many of the shortfalls experienced in the implementation of the Comprehensive Poverty Reduction and Growth Strategy will be addressed by the new Socio-economic Development plan (SEDP) 2006–10, and describes both the developmental challenges that lie ahead...
The Joint Staff Advisory Note (JSAN) describes the progress of Vietnam over the last two years. It expects that many of the shortfalls experienced in the implementation of the Comprehensive Poverty Reduction and Growth Strategy will be addressed by the new Socio-economic Development plan (SEDP) 2006–10, and describes both the developmental challenges that lie ahead...
Vietnam has adopted effective policies and measures to accelerate its economic growth rate and reduce poverty while sustaining economic reform, and trying to achieve goals and targets that are set in the Five-year Socio-economic Development Plan 2001–05. The annual progress report, named “Vietnam, economic growth and poverty reduction” of 2004–05 provides a deeper ...
Vietnam has adopted effective policies and measures to accelerate its economic growth rate and reduce poverty while sustaining economic reform, and trying to achieve goals and targets that are set in the Five-year Socio-economic Development Plan 2001–05. The annual progress report, named “Vietnam, economic growth and poverty reduction” of 2004–05 provides a deeper ...
Vietnam was remarkably successful in bringing down inflation in the 1990s to a single-digit range, after a period of high inflation in the late 1980s. The potential unfavorable effects of inflation on poverty and growth are well known. To shed light on these questions, this paper analyzes the available empirical evidence using several different approaches. Petroleu...