Macroeconomic disequilibrium and possible future directions

Macroeconomic disequilibrium and possible future directions 1

After a decade of high annual growth until 2007, Vietnam has experienced a slowdown since 2008 with the onset of the global economic crisis, when its gross domestic product (GDP) growth fell to 6.2 per cent and then further to 5.2 per cent in 2009.
Time to think outside the box

Time to think outside the box

The consumer price index rise of nearly 12 per cent in 2010 showed that inflation had returned right when the economy started to rebound.

Falling interest rates just the ticket

While high-profile international financial institutions are calling for Vietnam to further tighten its monetary policy to stabilise its macroeconomy, Thang Long Securities vice general director Quach Manh Hao says reducing interest rates is the way to go.

France presses for G20 deal on currency reform

France on Tuesday called on its partners in the Group of 20 to agree to coordinate monetary policy as part of a drive to head off a damaging "currency war."

Cool heads needed as the heat goes on

The State Bank might have done a good job in its monetary manoeuvring in the first half of 2010. But, what about the rest of the year? Dr Nguyen Kim Thanh, director of the central bank’s Banking Strategy Institute explains why it is still “a jungle out there”.
Tight hold to be kept on monetary policy montay policy

Tight hold to be kept on monetary policy montay policy

The State Bank has confirmed its monetary management will remain tight to the year’s end amid rumors of a base rate cut. According to a State Bank source, the central bank would not reduce the base rate to 12 per cent.
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