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Market Economy for a Middle-Income Vietnam

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Market Economy for a Middle-Income Vietnam
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65980
V I E T N A M D E V E L O P M E N T R E P O RT 2 0 1 2

MARKET ECONOMY
FOR A MIDDLE-INCOME VIETNAM
Joint Donor Report to the Vietnam Consultative Group Meeting December 06, 2011

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Public Disclosure Authorized

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Consultation Draft

Vietnam Development Report 2012

MARKET ECONOMY
FOR A MIDDLE-INCOME VIETNAM

Joint Donor Report to the Vietnam Consultative Group Meeting December 06, 2011

VIETNAM GOVERNMENT FISCAL YEAR January 1 to December 31 CURRENCY EQUIVALENTS (Exchange rate effective as of November 30, 2011) Currency Unit US$1.00 = VND21,008 Weights and Measures Metric System

ACRONYMS AND ABBREVIATIONS
ADB ASEAN BIDV CAMS CEOs CIEM CPSEs CPI CPV EGs EVN
VIETNAM DEVELOPMENT REPORT 2012

Asian Development Bank Association of Southeast Asian Nations Bank for Investment and Development of Vietnam Changing Attitudes toward Market and State Chief Executive Officers Central Institute for Economic Management Central Public Sector Enterprises Consumer Price Index Communist Party of Vietnam Economic Groups Electricity of Vietnam Economic Zone Foreign Direct Investment General Corporations Gross Domestic Product General Statistics Office International Monetary Fund Industrial Park Initial Public Offering Joint Stock Bank Joint Stock Company

MOT MOU MPI PFM PIM PMB PMS PPC ODA SCIC SEDP SEDS SEG SOCB SOE TEU VCCI VDR VND VNPT WTO

Ministry of Transport Memorandum of Understanding Ministry of Planning and Investment Public Finance Management Public Investment management Provincial Management Board Performance Monitoring Systems Provincial People Committee Official Development Assistance State Capital Investment Corporation Socio-Economic Development Plan Socio-Economic Development Strategy State Economic Group State-Owned Commercial Bank State-Owned Enterprise Twenty-foot Equivalent Unit Vietnam Chamber of Commerce and Industry Vietnam Development



References: See the list of references at the end of the report. For more comprehensive discussion on transition, see Arkadie and Mallon (2003), IMF (1996) and ADB (2006). Former Soviet Union, Vietnam was unique for its swift adjustment with the least disruptions (Dollar 1999).14

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