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'Vietnam's foreign exchange reserves of about 32 billion dollars' estimates this figure was cited after ANZ said government foreign exchange reserves hdfc credit card payment of about 12 weeks of imports. In addition, the bank also believes there is no pressure to reduce price USD from now until the end of the year.
difficult to adjust to the end of the year. Photo: Thanh Lan. In a report published today updates, ANZ Bank estimates resulted in foreign hdfc credit card payment exchange reserves of Vietnam at about $ 32 billion. State Bank does not publish specific numbers but ANZ predicted based on the report of the Government at the 6th session of Congress, key XIII. Report hdfc credit card payment to Congress, Prime Minister Nguyen Tan Dung has said, increasing foreign exchange reserves, have been about 12 weeks of imports. The reserves hdfc credit card payment had increased from 6 weeks of imports at end-2010 to 6.5 weeks in late 2011 and then to 12 weeks in 2012 and 2013. With improved reserve levels relative, the publication of the report "Vietnam: 2014-2015 promise" recently, Mr. Glenn Maguire - professionals, Chief Economist Asia Pacific ANZ said that would not likely State Bank exchange rate adjustment, namely VND devaluation, later this year. This argument is further confirmed in an update released today. "We still believe that the exchange rate would be about 21,500 dong per dollar in mid-2014," the report said ANZ. In a recent report, the State Bank also confirmed recently purchased a large amount of foreign currency and the money pumped into the market, contributing hdfc credit card payment to liquidity support for banks. The move operator also represents the State foreign exchange reserves and increase stability. ANZ Update Report on 28/10 also made remarks on the export of Vietnam. Accordingly, the trade balance will be 12 months in Vietnam as a surplus approaching only 0.5 billion deficit. This picture is in contrast to large trade deficit in 2010 to more than $ 15 billion. hdfc credit card payment The ease budget deficit ceiling of 4.8% of GDP to 5.3% of GDP in 2013, 2014 was passed by the National Assembly hdfc credit card payment for consideration. Until now, the agency is verifying Finance and Budget Committee hdfc credit card payment as well as the majority of the National Assembly has agreed with the Government's proposals. hdfc credit card payment Along with the ceiling would say, the government has also proposed to issue bonds to 170.000 billion additional investment for the period 2014-2016. Comments about this, ANZ Vietnam to note that the growth rate of public debt over the past 10 years. This is not the first time the bank giving warning hdfc credit card payment that the update report in September, ANZ also said that the government should be more cautious about debt problems. As for GDP growth, the macroeconomic report published last week, Mr Glenn Maguire - professionals, Chief Economist Asia Pacific at ANZ, said that in 2013 GDP increased by only 5, 1% and improved to 5.25% in 2014. This statement proved to be the most pessimistic compared to government figures put out (about 5.4%) and was estimated at 5.3% of the Monitoring Committee of National Finance. Reply VnExpress.net forecast modest about this, Mr. Glen Maguire said: "Vietnam has a high debt ratio, financial leverage many additional burden of bad debt that ANZ launched the project Such report modest ". Besides, he also said Glenn Maguire, if you want to go back to the period of impressive growth rates as before, need to improve investment activities, allocate resources more effectively. "If not, I think the GDP growth will be modest, about 5.1%," the expert said ANZ. Regarding inflation, ANZ still hold the view that the CPI for the whole year will range from a low of about 6-8%. "Weak domestic hdfc credit card payment demand will keep consumer prices did not rise in the medium term," the authors said. Finally, according to the ANZ, which foreign direct investment (FDI) is the bright spot in the economic landscape of Vietnam though domestic demand is still very weak. Total FDI to October reached 13.1 billion dollars, the industrial sector hdfc credit card payment has attracted FDI above 80%. Thanh Thanh Lan
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