Vietnam Reshapes Economic Strategy by ProQuest


Vietnam's policymakers are struggling to rein in inflation after the consumer price index (CPI) rose by a two-year high of 13.9% year-on-year in March. The country performed well throughout the global financial crisis. Policymakers have pledged a series of measures to reorient the county's economic development toward stability rather than rapid growth. The Asian Development Bank does offer a positive long-term forecast for Vietnam's economy, however, the medium-term outlook remains favorable, with the proviso that macroeconomic stability is restored and maintained.

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