Vietnam : 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Vietnam

1VNMEA2006008 Image
Price:  $18.00

Release Date: © November, 2006
ISBN : 978-1-45184-038-4
Stock #: 1VNMEA2006008
English
Stock Status: On back-order

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Description

Overall, macroeconomic performance has remained strong since the conclusion of the last Article IV Consultation. The authorities have introduced market-opening legislation in line with WTO requirements, but state-owned commercial banks (SOCBs) and state-owned enterprise (SOE) reforms remained uneven. The short-term outlook is broadly positive, but medium-term prospects are subject to risks. IMF staff supports the State Bank of Vietnam’s (SBV’s) plan to establish a more flexible exchange rate regime. The balance of payments has remained in surplus.




More publications in this series: IMF Staff Country Reports