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Vietnam urged to focus on FDI to achieve stability
November 28, 2009
The State Bank of Vietnam’s surprise decision to devalue the currency heightened concerns about investing in the country. But Moody’s Economy.com argues that policy-makers must encourage FDI to finance the trade deficit.
Greater foreign direct investment (FDI) and sounder fundamentals hold the key to Vietnam achieving stability in the longer term, says Moody’s Economy.com.
The nation’s economic progress has been called into question after the State Bank of Vietnam, the...
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