Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL

Enter your email address:

Vietnam - Monetary policy coordination a hot topic DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Vietnam - Monetary policy coordination a hot topic

2 posters
Post new topic   Reply to topic

Go down

Vietnam - Monetary policy coordination a hot topic Empty Vietnam - Monetary policy coordination a hot topic

Post by lexie Fri Nov 18, 2011 1:22 pm

November 18, 2011

Monetary policy coordination a hot topic

Specialists, researchers, policy makers and regulators from government agencies of Vietnam, Indonesia and the Philippines met in Hanoi today for a seminar on monetary policy coordination with other macroeconomic policies in a challenging global economic environment.

Deputy governor of the State Bank of Vietnam Nguyen Toan Thang and Asian Development Bank (ADB) country director for Vietnam Tomoyuki Kimura opened the seminar which acquired added importance because it was held at a time when significant breakthroughs are expected in a wide range of initiatives for sustainable economic development in a very challenging context of global economy.

“Closer coordination among monetary policy and other macroeconomic policies is critical to ensuring macroeconomic stability. Restoring macroeconomic stability is the immediate priority, but addressing root causes of high inflation requires greater efforts on structural reforms,” said Kimura.

Researchers from international universities in the UK and Uzbekistan and Vietnam’s Banking Academy and experts from the central banks of Indonesia and the Philippines shared views and best practices in managing macroeconomic stability and capital flows as well as in conducting of monetary policy in the developing and emerging markets.

The seminar was also a great opportunity for participants to discuss and review the roles and make recommendations on further improvements of monetary policy and broader structural reforms needed for maintaining macroeconomic stability in Vietnam.

According to participants, in such a challenging global economic context, the government was rightly commended for making swift and strong policy responses that allowed Vietnam to weather the global crises better than many other countries.

However, as the economy regained momentum, inflation and the pressure on the dong have re-emerged as central challenges to macroeconomic stability.


Elite Member
Elite Member

Posts : 1812
Join date : 2011-06-24

View user profile

Back to top Go down

Vietnam - Monetary policy coordination a hot topic Empty Re: Vietnam - Monetary policy coordination a hot topic

Post by 1alaskan Fri Nov 18, 2011 5:53 pm

I wonder how much of the information we are hearing about Vietnam looking at foreign investments, other than China, is the leaders not wanting to put all their eggs in one basket.

In other words, how much trust do they put in China?

Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant

Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

Elite Member
Elite Member

Posts : 4668
Join date : 2011-06-21
Age : 39
Location : Planet far far away

View user profile

Back to top Go down

Back to top

- Similar topics

Permissions in this forum:
You can reply to topics in this forum