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    Monetary Economics and Global Economy - FIN201

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    NguyễnĐứcBảo
    Vietnam's economy has grown steadily since opening up in the 1900s, with one of the highest growth rates in the region. However, unemployment remains high and inflation and trade deficits are problems. While foreign investment has increased, Vietnam's economic growth rate has started to decrease and its development path may not be stable. The country relies heavily on natural resources for its GDP, with over 1/3 coming from minerals and fuels, but GDP may not accurately reflect Vietnam's true growth potential. Inflation has also increased significantly in recent years.

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    Monetary Economics and Global Economy - FIN201

    Uploaded by

    NguyễnĐứcBảo
    19 views14 pages
    Vietnam's economy has grown steadily since opening up in the 1900s, with one of the highest growth rates in the region. However, unemployment remains high and inflation and trade deficits are problems. While foreign investment has increased, Vietnam's economic growth rate has started to decrease and its development path may not be stable. The country relies heavily on natural resources for its GDP, with over 1/3 coming from minerals and fuels, but GDP may not accurately reflect Vietnam's true growth potential. Inflation has also increased significantly in recent years.

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    Vietnam's economy has grown steadily since opening up in the 1900s, with one of the highest growth rates in the region. However, unemployment remains high and inflation and trade deficits are problems. While foreign investment has increased, Vietnam's economic growth rate has started to decrease and its development path may not be stable. The country relies heavily on natural resources for its GDP, with over 1/3 coming from minerals and fuels, but GDP may not accurately reflect Vietnam's true growth potential. Inflation has also increased significantly in recent years.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    19 views14 pages

    Monetary Economics and Global Economy - FIN201

    Uploaded by

    NguyễnĐứcBảo
    Vietnam's economy has grown steadily since opening up in the 1900s, with one of the highest growth rates in the region. However, unemployment remains high and inflation and trade deficits are problems. While foreign investment has increased, Vietnam's economic growth rate has started to decrease and its development path may not be stable. The country relies heavily on natural resources for its GDP, with over 1/3 coming from minerals and fuels, but GDP may not accurately reflect Vietnam's true growth potential. Inflation has also increased significantly in recent years.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 14

    Monetary Economics and Global

    Economy - FIN201
    Situation of Vietnams economy in 2014
    Start opening the economy from 1900s:
    improving living standards & encouraging
    foreign investment
    One of highest growth rate in region and
    keep going steadily.
    A truly multi-sector economy
    An undistorted environment: private
    businesses are able to grow and compete
    freely
    Numbers of unemployed still high
    Inflation, merchandise trade deficit..

    Date of Article: 21/2/2008
    Source of Article: Economist Intelligent Unit,
    Taiwans WB, WDI.


    VietNam has low starting postion but
    remarkable amount of foreigners investment.
    But why our economys growth rate are
    having a sign of decrease?
    Is this development stable and unshakeable ?

    GDP
    CPI
    ICOR

    Gross domestic product GDP
    Y = C + I + G + NX

    Purchasing power parity PPP

    Consumer Price Index CPI




    Low growth countries group
    Low and non-potential GDP
    Second highest inflation level


    Develop rely on natural resource primarily
    Vietnam has more than 5000 mines with
    about 60 different types of minerals
    Mineral mining industry contribute 10-11%
    GDP
    Export value of fuel contribue 18-22% GDP of
    Viet Nam
    1/3 GDP from natural resources.
    Make misidentify and attract investments
    Improve awareness about people
    achievements and patriotism
    GDP cannot express Viet Nam growth ability
    exactly
    Do not have a stable economic platform in
    the present
    3-4% early years 2000s
    12.6% in 2007
    18.12% in 2011
    Main cause is that petrol and gasoline are
    skyrocketing
    An inflation tax
    Mass money flow in the economy
    Businesses and government are the
    beneficiaries

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