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Prospects and challenges for Vietnam’s economy in 2022
Feb 11, 2022 · This is surprising given the 1.2 per cent real growth in service activity and 4 per cent real growth in the industry. Prospects for 2022 are good. As factories and services approach normal, there will be a jump in output, much as China had in early 2021. Most projections are for 6–7 per cent real GDP growth.
Eastasiaforum.orgVietnam's crisis within the crisis | East Asia Forum
Nov 4, 2008 · The period from March to July 2008, in particular, saw a worsening of the macroeconomic situation, the extent of which is a topic of much debate. There are two main camps. The first believes that Vietnam was in currency or financial crisis, even before the globe went under. The symptoms included lack of liquidity in the banking system, a sharp
Eastasiaforum.orgTrade and investment remain Vietnam’s economic saviours
Jan 3, 2023 · The currency has depreciated by only about 5 per cent against the US dollar as of early December 2022, less than in many other countries. Fiscal policy has been restrained. With a few exceptions, most Vietnamese banks are in a strong position with adequate capital.
Eastasiaforum.orgVietnam: Macroeconomic challenges and the road to prosperity
Nov 18, 2010 · A. Relative to its Asian peers, Vietnam has performed poorly on the key macroeconomic indicators in recent years, especially over the past three years, during which the 2008-2009 global financial crisis posed a serious test to the soundness of macroeconomic fundamentals in each country. The Vietnamese inflation rate was 15 per cent averaged for
Eastasiaforum.orgVietnam’s economy shows signs of revival | East Asia Forum
Jan 30, 2023 · The Vietnamese economy remained surprisingly resilient in 2022. But the possible recessions and economic slowdown in Vietnam’s three major trading partners — the United States, the European Union and China — are raising a serious question mark for 2023 where growth is projected to fall to 6.3 per cent .
Eastasiaforum.orgVietnam fights for foreign investors - East Asia Forum
Sep 27, 2022 · Foreign direct investment in Vietnam continues to increase, rising from US$11.57 billion in July to US$12.8 billion in August 2022, signalling the country’s recovery from COVID-19. The growth is partly due to Hanoi’s consistent efforts to provide a safe and welcoming environment for foreign business through Special Economic Zones (SEZs
Eastasiaforum.orgVietnam seeks safer maritime security partnerships
On 25 March 2023, a Chinese Coast Guard vessel sailed near oil and gas wells belonging to Vietnam’s Vanguard Bank, resulting in a dangerous encounter between Chinese and Vietnamese patrol boats. Given Beijing’s ongoing efforts to assert greater control in the SCS, states like Vietnam and the Philippines are seeking greater support from external partners to help resist …
Eastasiaforum.orgVietnam’s state capitalism and the rise of Southeast Asia
Feb 17, 2011 · A disproportionate share of government finance goes into the inefficient state-owned enterprises (SOEs) some of which came to the brink of bankruptcy last year. Vietnam leads the region in having the highest inflation rate, a deteriorating budget and trade deficit, and the weakest currency and sovereign risk rating in the region from 2009–10.
Eastasiaforum.orgManaging the risk of inflation during economic recovery - the case …
Sep 16, 2009 · In Brief. For Vietnam, and other East Asian economies, inflation is not a real issue in 2009. Instead, East Asian economies will have to pay more attention to the inflationary issue in 2010, and the governments of South Korea, China, and Indonesia will likely apply tightened monetary policies in the first or second quarter of 2010.
Eastasiaforum.orgVietnam’s great power balancing act | East Asia Forum
Feb 10, 2024 · The last component of Vietnam’s great power balancing triad is active hedging. The US–China rapprochement showed Vietnamese policymakers that great powers are willing to cut deals behind the backs of their junior allies when it suits their interests. Numerous Communist Party of Vietnam documents since the end of the Cold War have emphasised
Eastasiaforum.org