Financial and currency managemant in 2007- the status and some outstanding problems

Abstract

Vietnam's economy continued to grow with a record 5.45 per cent in 2007, the highest ever since the Asian currency crisis in 1997, at the same time the inflation rate (CPI index) was also the highest ever over the previous years.

High inflation rate, or CPI index is the social concern with various reasons to explain the problem.

Is it because of poor management oj the financialanf currency policy? The main contents of his article include:

1. The use of compulsory reserves in the currency management

2. The management of foreign exchange rate by the State Bank of Vietnam SBV.

3. The management of interest rates