Taking Stock, December 2012

Mishra, Deepak; Dinh, Viet Tuan

Taking Stock, December 2012

Autores

Mishra, Deepak

Dinh, Viet Tuan

Editor

World Bank, Hanoi

Descripción

This paper includes three parts: external economic environment, part one includes: global environment, regional environment, and risks. Vietnam's recent economic development, part two includes: a relatively stable macroeconomic situation, growth at record low, booming exports despite a slowing economy, sharp turnaround in external accounts, inflation dynamics, monetary policy, fiscal policy, and near-term outlook. Structural reforms and medium-term outlook, part three includes: context, restructuring of state-owned enterprises, banking Sector development, and poverty reduction.

Palabras clave

ACCESS TO BANK, ACCOUNTABILITY, ACCOUNTING, ACCOUNTING STANDARDS, AGRICULTURAL COMMODITY, ASSET MANAGEMENT, ASSET QUALITY, ASSET RATIO, AUDITS, BAD DEBT, BALANCE OF PAYMENTS, BALANCE SHEETS, BANK LENDING, BANK MARKET, BANKING RESTRUCTURING, BANKING SECTOR, BANKING SECTOR DEVELOPMENT, BANKING SYSTEM, BASIS POINTS, BOND, BOND MARKETS, BOND YIELD, BONDS, BUDGET DEFICIT, CAPITAL ALLOCATIONS, CAPITAL BASE, CAPITAL FLOWS, CAPITAL INFLOWS, CAPITAL PROJECTS, CDS, CENTRAL BANK, COMMERCIAL BANK, COMMODITY PRICE, COMMODITY PRICES, COMPOSITION OF DEBT, CONSOLIDATION, CONSUMER PRICE INDEX, CONTINGENT LIABILITIES, CORPORATE GOVERNANCE, COST OF CAPITAL, COST OF LIVING, COUNTRY DEBT, CREDIBILITY, CREDIT DEFAULT, CREDIT DEFAULT SWAP, CREDIT EXPANSION, CREDIT GROWTH, CREDIT INSTITUTIONS, CREDIT OUTSTANDING, CURRENCY, CURRENT ACCOUNT DEFICITS, CURRENT ACCOUNT SURPLUSES, DEBT LEVELS, DEBT MANAGEMENT, DEBT SERVICING, DEBTS, DEPOSIT, DEPOSITORS, DEVELOPING COUNTRY, DISCLOSURE REQUIREMENTS, DOMESTIC CREDIT, DOMESTIC CURRENCY, DOMESTIC DEBT, ECONOMIC DEVELOPMENT, ECONOMIC DEVELOPMENTS, EMERGING MARKET, EQUIPMENT, EQUITY CAPITAL, EUROPEAN CENTRAL BANK, EXCESS LIQUIDITY, EXCHANGE RATE, EXPORT GROWTH, EXPORT PERFORMANCE, EXPORTER, EXTERNAL DEBT, FINANCIAL CRISIS, FINANCIAL HEALTH, FINANCIAL INSTITUTIONS, FINANCIAL MARKETS, FISCAL DEFICIT, FISCAL POLICY, FIXED ASSET, FIXED INVESTMENT, FOREIGN BANKS, FOREIGN CURRENCY, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE RESERVES, FOREIGN INVESTORS, GLOBAL CAPITAL, GLOBAL CAPITAL MARKETS, GLOBAL ECONOMY, GLOBAL TRADE, GOVERNMENT BONDS, GOVERNMENT DEBT, GOVERNMENT EXPENDITURE, GOVERNMENT REVENUE, GROSS DOMESTIC PRODUCT, HOUSEHOLD WEALTH, HOUSING, HUMAN DEVELOPMENT, HUMAN RESOURCES, INCOME INEQUALITY, INCOME TAX, INFLATION, INFLATION RATE, INFORMATION DISCLOSURE, INFRASTRUCTURE INVESTMENT, INSTITUTIONAL CAPACITY, INSURANCE, INTEREST RATE, INTERNATIONAL ACCOUNTING STANDARDS, INTERNATIONAL FINANCE, INTERNATIONAL STANDARDS, INVENTORY, INVESTMENT RATE, INVESTMENT SPENDING, ISSUANCE, LACK OF COLLATERAL, LAND TAXES, LAWS, LEGAL FRAMEWORK, LIMITED LIABILITY, LIQUIDITY, LIVING STANDARDS, LOAN, LOAN CLASSIFICATION, LOCAL CURRENCY, LOCAL GOVERNMENT, MACROECONOMIC CONDITIONS, MACROECONOMIC DATA, MACROECONOMIC INSTABILITY, MACROECONOMIC MANAGEMENT, MACROECONOMIC POLICIES, MACROECONOMIC STABILITY, MARKET ECONOMY, MARKET MECHANISMS, MARKET SHARE, MATURITY, MATURITY MISMATCH, MOBILE PHONE, MONETARY FUND, MONETARY POLICY, NEGATIVE SHOCKS, NON-PERFORMING LOANS, OIL PRICE, PAYMENT SYSTEM, PENALTIES, PERSONAL INCOME, PORTFOLIO, PORTFOLIO INVESTMENT, PRIVATE INVESTMENT, PRODUCTIVITY, PUBLIC ASSET, PUBLIC DEBT, PUBLIC DEBT MANAGEMENT, PUBLIC DEBT STOCK, PUBLIC ENTERPRISES, PUBLIC INVESTMENT, PUBLIC SECTOR DEBT, PUBLIC SPENDING, PURCHASING POWER, QUALITY OF ASSETS, REAL INTEREST, REAL INTEREST RATES, REAL SECTOR, RECAPITALIZATION, RECURRENT EXPENDITURE, REGULATORY FRAMEWORK, REMITTANCES, REPAYMENTS, RESERVES, RETURN, REVENUE MOBILIZATION, RISK MANAGEMENT, RISK MANAGEMENT SYSTEMS, SHORT-TERM BORROWING, SOVEREIGN BOND, STATE BANK, STATE ENTERPRISES, STOCK MARKET, SUPERVISORY FRAMEWORK, TAX, TAX ADMINISTRATION, TAX INCENTIVES, TAX OBLIGATIONS, TAX POLICY, TAX RATES, TAX SYSTEM, TERM DEPOSIT, TRADE BALANCE, TRADE VOLUME, TRADING, TRANSPARENCY, TRANSPORT, TURNOVER, URBAN DEVELOPMENT, WAGES, WATER SUPPLY, YIELD SPREADS