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  • VN not forecast economic recovery in 2009
  • Thời gian đăng: 12/06/2013 11:19:33 PM
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    \r\n Soaring fuel prices make farmers face many difficulties.
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    \r\n The biggest difference compared to reports of other financial institutions as the IMF said that Vietnam's economy has not recovered strongly in 2009.
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    \r\n Economic Report Update Asia - Pacific region of the World Bank announced on fourth said that Vietnam's economic growth in 2008 from 7.5 to 8%, but a strong recovery in 2009, at 8, 1 to 8.5%.
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    \r\n In the report Asian Development Outlook released few days later, ADB forecasts Vietnam's GDP increased by 7% in 2008, but 2009 is likely to reach 8.1%.
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    \r\n However, the IMF experts believe that the economic growth of Vietnam in 2009 no higher than in 2008 (7.3%). In the long term, the IMF may look quite optimistic about the economic prospects of Vietnam's 2013 GDP forecast to reach 8%.
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    \r\n IMF said that Vietnam is among the emerging economies, are classified as ASEAN-5 (Indonesia, Thailand, Malaysia, Philippines, Vietnam) should be less affected than before the global financial crisis .
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    \r\n Economic growth reached 7.3% of Vietnam is still at a high level assessment and should not be pessimistic trend of globalization, especially the decline of growth from the developed economies.
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    \r\n According to the IMF, growth slowdown in emerging economies and developing countries also comes from efforts to prevent "overheating" foreign influence on financial and commodity prices reduce the traditional increase.
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    \r\n China's GDP growth in 2008 was also halted IMF forecasts 9.3% compared with 11.4% in the previous year, India from 9.2% to 7.9%, Singapore 7.7 % to 4% ...
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    \r\n Among the ASEAN-5, Vietnam still ranks number one: economic growth in 2008-2009 was 5% and Malaysia 5.2%, Indonesia at 6.1% and 6.3%, Philippines of 5.8%, Thailand 5.3% and 5.6%.
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    \r\n However, according to the IMF, Vietnam's inflation topped the ASEAN-5 group, at 14% in 2008. Meanwhile, inflation in Indonesia in 2008 was 6.7%, Malaysia 2.4%, Philippines 3.4% and Thailand with 1.9%.
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    \r\n The IMF's forecast for inflation in Vietnam is the lack of optimism compared to WB and ADB. WB forecast the consumer price index in Vietnam in 2008 will be contained in the 2007 (12.6%) and will be reduced to 9% in 2009.
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    \r\n ADB forecasts Vietnam's inflation rate will fall to around 9.2% in 2008. IMF experts believe that not until 2009, inflation in Vietnam has been contained at 8.5% next year and will continue to decline in 2013 will be 6%.
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    \r\n The IMF said that the emerging economies and developing countries such as Vietnam to face challenges in controlling inflation, at the same time conscious risk attenuation due to growth from advanced economies and with the stress on financial markets.
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    \r\n WEO report recommended that tightening monetary policy tighten further to keep 
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