First, the same as when the impact of the financial crisis of East Asia monetary-1997-1999, the declining trend of growth and macroeconomic instability of Vietnam were revealed from before the crisis actually impacts on the country's economy (see graph).As such, the difficult situation of the economy in 2009 have leaven in the intrinsic weakness rather than derived primarily from external negative effects. This crisis only made the situation more serious which has serious structural weaknesses existed in the party area.Second, the reality show under the strong impact of the crisis, the process of growth decline did not last long and not too serious, the recovery came quickly, even before the stimulus package was implemented in practice (1). Altogether nine months of 2009, GDP had increased by 4.6%. Have the basis to forecast both GDP in 2009 will reach 5% or more, that is, the higher the growth of "bottom" 4.77% of 1999, although the crisis this time is considered worse than the financial crisis-Asian currency 1997-1999.
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