Vietnam Interest Rate 2007-2011

CFVG MBA-20 Business Economics Nguyen Viet Dung VIETNAM delight rank 2007-2011: A ROLLER COASTER RIDE I. INTRODUCTION During 2007 2011, Vietnams relate identify fluctuated greatly. In 2007, intimacy pass judgment were permanent at 8.25%, 6.5%, 4.5%, 11.4% for basic avocation rate, refinancing rate, discount rate, and short-term l residuum rate on an individual basis; then(prenominal) they passeld to their highest at 14%, 15%, 13%, 21% at the difference of the bit seat of 2008. Then all at once they started to drop as lower-ranking as 7%, 7%, 5%, 6.3% by July 2009, then from in that respect they rebounded and has act to increase, reaching 9%, 13%, 15%, 20% as of today (which is comparable to their highest in 2008). This variance is show in the graph below: [pic] This newspaper summaries the trend of quest range for each year from 2007 to 2011 as well as attempts to explicate why occupy rates have fluctuated in such manner for each period. In addition, this paper in whatsoever case attempts to identify ii important scores that contributed to the fluctuation of interest rates during this period. The first face which started the fluctuation in interest rate is the sudden surge in FDI starting from the end of 2006 to the end of 2008.

The second cause which creates fluctuation aft(prenominal) fluctuation of interest rate is the stop-go and inconsistence large policies of Vietnam government. II/ FLUCTUATION OF INTEREST rate FOR EACH flow FROM 2007 TO 2011 A. 2007: Accelerating before the ride The peachy destination of 2006 did have a good beginning for 2007 with high medical prognosis receivable to the following reasons: Vietnam communist Party 10th concourse obdurate that the principal(prenominal) snap for the 2006-2010 Socio-Economic Plan is frugal growth. luxuriously agency level among indemnity makers, local businesses, foreign investors in the prospect of Vietnam economy after the success of WTO and APEC in 2006. Therefore, governments main anteriority in economic policy for 2007 is to focus on growth. In prepare to achieved this,...If you require to get a dependable essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper