According to the assessment of some international organisations, Vietnam’s GDP growth will range between 4.3% and 5.5% in 2009 and the inflation will be around 6-9%, less than 10%.

Sharing experiences with Vietnam, Dr Zhang Yunling—director of China’s Social Science Academy’s International Research Institute said that to fight the strong affects of the global economic earthquake, China reduced export tariff, built up reform programmes for 10 key industrial sectors, launched the four trillion yuan stimulus package (of which 37% was given for infrastructure development, 9% for rural area development, 10% for housing development and 9% for industrial restructure).

As stated by Fuku Kimura—chief economist of the Economic Research Institute for Asean and East Asia (ERIA), Vietnam’s macro-economic policies in short-term should focus on maintaining transparency, stabilising finance and reinforcing the social security network.