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Taking stock : an update on Vietnam's recent economic developments : Diem lai : bao cao cap nhat tinh hinh phat trien kinh te cua Vietnam (Vietnamita)

During the first part of the year, Vietnam was confronted with the overheating created by massive capital inflows, resulting in accelerating inflation, a ballooning trade deficit, a real estate bubble and many investments of dubious quality. A determined reaction by the government, especially since March 2008, was successful at stabilizing the economy. In spite of surging world prices of food and oil, a tight monetary policy and some measure of fiscal...
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