Vietnam: 2010 Article IV Consultation: Staff Report and Public Information Notice

Author: International Monetary Fund

Volume/Issue: Volume 2010 Issue 281

Publication date: September 2010

ISBN: 9781455205738

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Money and Monetary Policy , Public Finance , ISCR , CR , government , economic activity , Vietnam , creating flow , rate cap , government policy stance , Socio-Economic Development Plan , service-to-revenue ratio , Ministry of Finance debt department , government financing data , Public and publicly-guaranteed external debt , Commercial banks , Credit , Global , Mekong

Also of interest

Grenada

Nepal

Peru

Republic of Congo : 2001 Article IV

Summary

Real GDP growth slowed somewhat to 5.3 percent in 2009, its slowest pace since 2000, though Vietnam was among the better performers in developing Asia. An immediate challenge is to consolidate the current stable macroeconomic conditions through prudent policies and better communications. Over the medium term, Vietnam needs to implement fiscal consolidation with a view to lowering the public debt-to-GDP ratio. IMF staff welcomed the move to modernize and strengthen fiscal management. Staff argued for further reforms, as state-owned commercial banks (SOCBs) still do not totally follow market-based business principles.