Is Dong Devaluation An Easy Way Out?

April 2009
Asia Monitor: South East Asia Monitor Volume 1;Apr2009, Vol. 20 Issue 4, p4
Country Report
The article presents an economic outlook of Vietnam as of the year 2009. According to the article, economic experts from Business Monitor International Ltd. (BMI) expect that the Vietnamese economy continue to be range-bound around US$17,500 in the short term. In addition, they believe that the government will opt for the seemingly easy way out of allowing a higher degree of currency devaluation. An overview on other economic indicators affecting the country's economy as a whole is offered.


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