TITLE

Country Risk Summary: VIETNAM

PUB. DATE
August 2003
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Aug2003, Vol. 14 Issue 8, p6
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article presents a risk profile for Vietnam, as of August 1, 2003. After being sentenced to death for committing murder and bribery, Vietnam's most notorious criminal Troung Van Cam has appealed against his sentence. Significant backtracking on the trial will be viewed as evidence that corruption remains endemic and the justice system poor. Vietnam's economy appears to have survived the SARS crisis unscathed with real GDP growth reported to be 6.9 percent during the first quarter, implying a solid performance in the second quarter. Both GDP and inflation look set to meet government targets of 7.0-7.5 percent and 5.0 percent respectively. But while the economic outlook is fairly rosy, credit allocation remains poor due to the sluggish pace of interest-rate liberalization.
ACCESSION #
10434674

 

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