Vietnam: Staff Report for the 2012 Article IV Consultation

International Monetary Fund

No 2012/165, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2012 Article IV Consultation focuses on the financial sector and macroeconomic situation in Vietnam. The authorities adopted a stabilization package in February 2011 in response to increasing pressures on prices and the exchange rate in late 2010. Executive Directors commended the tightening of macroeconomic policies in 2011, which contributed to declining inflation, stabilizing the exchange rate, and a rebuilding of international reserves. Directors also recommended that monetary policy give priority to reducing inflation and rebuilding reserves further.

Keywords: ISCR; CR; staff appraisal; debt; balance; GDP; U.S. dollar; summary balance of payments; estimate of the current account; IBRD operation; Inflation; Public and publicly-guaranteed external debt; Exchange rates; Global; Europe; Asia and Pacific; Mekong (search for similar items in EconPapers)
Pages: 61
Date: 2012-07-06
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