NDF Market Points To Imminent Devaluation

February 2011
Asia Monitor: South East Asia Monitor Volume 1;Feb2011, Vol. 22 Issue 2, p5
Country Report
The article offers information on the economic performance and forecast in Vietnam from 2009 to 2012. It states that the State Bank of Vietnam (SBV) is pressured to devalue the Vietnamese dong. It notes that the latest economic figures showed a broadening trade deficit and accelerating inflation in December 2010. It shows that the real gross domestic product (GDP) growth is expected to have an upward movement from 5.5% to 6.3% in 2011.


Related Articles

  • Vietnam: Surprise Rate Hike Supports Our Core View.  // Emerging Markets Monitor;11/15/2010, Vol. 16 Issue 31, p8 

    The article presents a Business Monitor International (BMI) forecast for Vietnam in 2011, with particular focus on the surprise rate increase made by the State Bank of Vietnam on November 5, 2010. The move of the state bank is described as a desperate attempt to boost the deteriorating...

  • Growth To Moderate Despite Exports Uptick.  // Asia Monitor: South East Asia Monitor Volume 1;Sep2011, Vol. 22 Issue 9, p1 

    The article presents the economic forecast for Vietnam in the second half of 2011 (H211), when economic activity is expected to continue to moderate following gross domestic product (GDP) growth of 5.7% in the second quarter of 2011 (Q211). It warns that global economic headwinds are still a...

  • Industrial Expansion To Continue.  // Asia Monitor: South East Asia Monitor Volume 1;Feb2008, Vol. 19 Issue 2, p4 

    The article discusses the economic outlook in Vietnam in 2008. The author inferred that GDP growth of above 8% will lead the way for the country's industrial expansion in 2008 despite rising cost pressures on the back of high inflation. The inflation is expected to rise towards 15% as Tet lunar...

  • Outlook and Assumptions: Outlook.  // Vietnam Country Monitor;Mar2012, p3 

    The article provides an outlook for the economy of Vietnam. It predicts that the growth of the country's economy will still be subdued in 2012 amidst the weakness of its eternal demand. It notes the high volatility of its inflation despite its retreating prices. Meanwhile, the State Bank of...

  • Deceleration In Inflation To Continue.  // Asia Monitor: South East Asia Monitor Volume 1;Nov2008, Vol. 19 Issue 11, p4 

    The article forecasts the economic condition of Vietnam for 2008-2009. The macroeconomic improvement program of the Vietnamese government is expected to reduce the consumer price inflation to 25% and the trade deficit at $20 billion by the end of 2008. The economy will remain vulnerable to the...

  • VIETNAM: BUSINESS FORECAST REPORT.  // Vietnam Business Forecast Report;2012 4th Quarter, Issue 4, p1 

    The article presents a business and political forecast for Vietnam from 2012 to 2021. It states that in 2013 the gross domestic product (GDP) of the country will grow by 7.0% and its budget deficit will be 5.3% of GDP because of increase total public expenditure. It mentions that the Vietnamese...

  • Country Intelligence: Report: Vietnam.  // Vietnam Country Monitor;Dec2013, p1 

    The article provides the short-, medium- and long-term outlook for the Vietnamese economy from 2010-2017. It forecasts the country's gross domestic product (GDP), capital investment, inflation, exchange rates, monetary policy and fiscal policy. It also discusses its monetary system, economic...

  • Vietnam.  // Political Risk Yearbook: Vietnam Country Report;2011, preceding pPRI-1 

    The article offers economic and political forecast for Vietnam. Its gross domestic product is expected to grow by 7.0 percent between 2011 and 2015 while inflation is seen at 8.1 percent. Annual population growth as of 2009 is 1.1 percent. The article highlights the Communist Party of Vietnam's...

  • Double-Dip Scenario Still In Play.  // Asia Monitor: South East Asia Monitor Volume 1;Feb2010, Vol. 21 Issue 2, p4 

    The article reports on the economic condition of Vietnam for 2010. It indicates that the country's stimulus-driven economic recovery has brought real gross domestic product (GDP) growth to 6.9% year-on-year in fourth quarter of 2009. It mentions the growth of the service sector from 6.6%...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics