Asia Economics Update Vietnam still needs to do much more Vietnam’s central bank today devalued the reference rate for the dong by around 9%. The move was bigger than expected but long overdue. To be a success, today’s adjustment has to be complemented soon... 11th February 2011 · 1 min read
Asia Economics Update Vietnam set to adjust and target lower inflation Vietnam’s National Party Congress, which closed today, is the most important set-piece meeting of the Communist Party. Comments from the top officials, to no-one’s surprise, suggest that containing... 19th January 2011 · 1 min read
Asia Economics Update To avoid crisis, policy in Vietnam needs to change soon The authorities in Vietnam continue to give mixed signals on what they will do in 2011. This should not be a big surprise ahead of the important National Party Congress which will take place next week... 6th January 2011 · 1 min read
Asia Economics Weekly Vietnam likely to target stability over growth Data published in Vietnam over the next few days should confirm that the economy expanded at a rapid pace in Q4 but inflation remains far too high. What’s more, recent debt downgrades have highlighted... 27th December 2010 · 1 min read
Asia Economics Update Is Vietnam heading for another crisis in 2011? Yes is the answer to this question, unless policy-makers change course. A shift is needed towards targeting stability and lower inflation, rather than achieving high growth for its own sake. The good... 2nd December 2010 · 1 min read
Asia Economic Outlook Asia's slowdown to bottom soon (Q4 10) The post-recession rebound in most of Latin America is showing signs of slowing but growth is likely to remain fairly strong over the coming quarters. We still expect the region to expand by around 4... 1st December 2010 · 1 min read
Asia Economics Update Vietnam makes the right move Vietnam’s central bank (SBV) lifted its policy rate by 100bp, to 9%, late on Friday. The adjustment is a step in the right direction but far more has to be done to ensure that inflation slows to the... 8th November 2010 · 1 min read
Asia Economics Update Are Vietnam's policy-makers losing the plot? October data from Vietnam have brought a sharp acceleration in annual inflation and another increase in the merchandise trade deficit. Nevertheless, the authorities continue to target faster credit... 2nd November 2010 · 1 min read
Asia Economics Update Vietnam should compromise on growth and target stability September data and Q3 GDP published over the last few days show that the economy in Vietnam is picking up speed. This contrasts with just about everywhere else in ASEAN where growth is losing rather... 27th September 2010 · 1 min read
Asia Economic Outlook Asia is re-balancing and will continue to lead (Q3 10) The global upswing is now regaining some traction and the threat of renewed financial crisis has diminished. However, the world recovery will stay weak and vulnerable to other risks such as deflation... 23rd September 2010 · 1 min read
Asia Economics Update Vietnam set for rapid, but high risk, growth August data published over the last week show that the upswing in Vietnam remains strong, inflation has stayed on a slower track, while higher capital inflows are easing the strain on the balance of... 31st August 2010 · 1 min read
Asia Economics Update Vietnam's muddled policy-making gets what is deserved The Fitch downgrade of Vietnam’s foreign currency debt, announced today, was no surprise. Over the last six months domestic policies have see-sawed between fighting inflation and boosting growth while... 29th July 2010 · 1 min read
Asia Economics Weekly Vietnam’s upswing is accelerating again Vietnam data published over the next few days will almost certainly confirm that the economy has picked up speed and is now expanding close to the government’s target pace of 6.5% y/y. It is likely... 28th June 2010 · 1 min read
Asia Economics Update Vietnam still likely to raise rates again soon The central bank of Vietnam (SBV) yesterday, as expected, announced that its key policy rate will stay unchanged at 8.0% during June. Nevertheless, the cash rate looks too low for an economy that will... 1st June 2010 · 1 min read
Asia Economic Outlook Asia to keep going its own way (Q2 10) We expect the world recovery will lose momentum in 2010-11 but do not anticipate that the recent turmoil in the markets will derail the global upswing. The implication for Asia is that the regional... 27th May 2010 · 1 min read
Asia Economics Weekly Vietnam outlook continues to improve The central bank in Vietnam will set interest rates for June over the next few days and will probably keep the base rate unchanged at 8.00%, rather than move rates up. The easing of credit conditions... 24th May 2010 · 1 min read
