October 2005
Asia Monitor: South East Asia Monitor Volume 1;Oct2005, Vol. 16 Issue 10, p4
Country Report
Country Report
The article presents information on the political and economic conditions in Vietnam. Vietnam has admitted that corruption and excessive red tape remain concerns for the economy. During celebrations in September 2005 for the 60th anniversary of independence from French colonial rule, Vietnamese President Tran Duc Luong called on the people to renovate the country and open its doors to the international community. Vietnam might miss its target of keeping inflation below 6.5% in 2005. Prices rose 7.3% year-on-year in August 2005, bringing the average inflation to 8.3% for the first eight months of 2005.


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