The nation’s trade deficit is under control, but concerns about Vietnam’s supply of US dollars have intensified.
Two months is a long time in the financial management of the economy.
Larger volumes of liquidity provided by authorities and positive reactions from market participants have stabilised the forex market.
Fingers are being pointed at the Ministry of Finance over proposed housing and land tax law shortcomings.
The rollover of 2009 loan subsidy programme funds could be limited due to safety restrictions.
The government will strictly manage state-run giants’ state budget-sourced investment spending during 2010.
Stories of lax financial discipline last week heated up the National Assembly hall. Do Manh Hung, a National Assembly delegate from Thai Nguyen province, said Vietnam’s financial discipline had remained problematic for years.
The Vietnamese stock market last week achieved its highest-ever trading volume, restoring confidence in its long-term prospects.