Vietnam: 2003 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Vietnam
Volume/Issue:
Volume 2003
Issue 380
Publication date: December 2003
ISBN: 9781451840193
$20.00
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Topics covered in this book
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Business and Economics , Banks and Banking , Exports and Imports , Money and Monetary Policy , Public Finance , ISCR , CR , SAV audit of the SBV , NIR position , authority , accounting firm , PRGF , SAV audit , safeguards assessment of the SBV , FDI inflow , PRGF arrangement , Credit , Commercial banks , International reserves , East Asia , Global
Summary
Vietnam's macroeconomic performance has been strong, fueled by strong export performance, poverty reduction, and domestic investment. Executive Directors welcomed this development, and stressed the need for strong monetary, exchange rate, and fiscal policies. They appreciated the prudent macroeconomic management, and the transformation from a planned to a market economy. They welcomed the passage of the new Statistics Law, and Vietnam's participation in the IMF's General Data Dissemination System, and emphasized the need to implement public administration and structural reform programs.
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