Vietnam Outlook in 2011

Asian Development mind-set 2012 Viet Nam Economic Outlook May 2012 Dominic Mellor, chimneysweep Economist Outline 1. touch on of announcement 11 2. Economic Prospects and Risks 3. Key messages 1  take off 1 Impact of Resolution 11 Confronted at start of 2011 with macroeconomic asymmetry largeness and Credit egression (Year-on-year, %, Q1 2007- Q1 2011) pompousness (y-o-y, end of the quarter) (rhs) out issue of recognise to the rescue (lhs) Credit growth Inflation 70 30 60 25 50 20 40 15 30 10 20 5 10 0 0 Q1 Q2 2007 Q3 Q4 Q1 08 Q2 Q3 Q4 Q1 09 Q2 Q3 Q4 Q1 10 Q2 Q3 Q4 Q1 11 computer address work: General Statistics share and rural area rim of Viet Nam 2  governing body introduced Resolution 11 Main financial and fiscal targets Indicators 2010 Actual 2011 Target fiscal shortage (% of GDP) 5.6% 5% Credit Growth (y-o-y %) 32.4% 20% M2 Growth (y-o-y, %) 33.3% 15-16% N.

A 16% Discourage lending as % of total Source: Ministry of finance and State wedge of Viet Nam fiscal shortage has been reduced Revenue, spending and Fiscal Balance (Annual, % of GDP, 2007-2011) 31 Revenue and grants 30 On-budget expenditure 29 28 27 26 25 24 2007 2008 2009 2010e 2011e 2007 2008 2009 2010e 2011e 0 -1 -2 -3 -4 -5 Fiscal dimension on Governments Definition -6 Source: Ministry of Finance 3  and acknowledgement growth has slowed Credit growth (year-on-year) and lending rate, Q1, 2007 Q4, 2011 give the garget Credit Increase % Credit Growth billion VND 70 250 60 200 50 40 150 30 100 20 50 10 0 0 Source: State stick of Viet Nam as SBV tightened monetary polity Interest rate, (per annum, %), Jan. 2010 April 2012 % per annum Refinancing rate 20 Discount rate Repo set out for 7 days 16 12 8 4 Sources: State Bank...If you require to get a wide essay, order it on our website: Orderessay

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