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The main causes of the global economic context:
First: The price of fuel oil and the price of materials used in production continuously increase
Secondly, food prices, food constantly increasing: starting from the the global climate change, natural disasters and diseases occur successively, along with the years of strong economic growth around the world
Tuesday: A large amount of money given the global economy
the main cause of intrinsic Vietnam economy:
First, rising production costs:
Monday: food prices, rising food: global climate change in the world not only affect countries that Vietnam also severely affected
Tuesday: fiscal policy and monetary policy continued to expand from 2001-2006 in order to promote economic growth:
Wednesday: foreign capital flow into Vietnam increased sharply: start since late 2006 when Vietnam officially becomes a member of the world trade Organization (WTO) /
the solution to control inflation that the State Bank has done:
1 State Bank has taken measures monetary tightening measures
continue operating 2Tiep currency exchange rate between Vietnam and in particular the US dollar and currencies in general towards the target balance imports and exports, domestic production and the trade deficit; expand the trading band of the exchange rate to ± 2%
Monday: Implementation of capital support for commercial banks to ensure liquidity.
Third: Continue to buy foreign currency from investors on the supply facility has been approved by the government on the one hand to supplement the foreign-exchange reserves, the
other to meet adequate capital to enterprises import and export business.
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