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    "If you can't predict the future, then you need a system that can handle breakdown" John M. Keynes

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    "The birth of economics as a discipline is usually credited by Adam Smith, who published "The Wealth of Nations" in 1776. Over the next 160 years an extensive body of economic theory was developed, whose central message was: Trust the Market." _ Paul Krugman
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    "One fear is that foreign investors will stop buying U.S. debt, just as Washington needs to borrow more. Such a turn could lead to a dollar collapse, causing spikes in long-term rates and inflation. The less the U.S. need to borrow from abroad, the less downward pressure on the dollar - and the greater the balance in the global economy." _ James C. Cooper

Vietnam Balance of Payment – Money’s inflow

Posted by Robin Thieu on June 27, 2008

List of countries by public debt

balance of payment

Source: http://en.wikipedia.org/wiki/List_of_public_debt

Public debt as a percent of GDP, as listed on CIA factbook, accessed March 2007.

Source: http://en.wikipedia.org/wiki/Balance_of_payments

Balance of Payments for a country is the sum of the current account (the net change in current assets from trade in goods and services (balance of trade), net factor income (such as dividends and interest payments from abroad), and net unilateral transfers from abroad (such as foreign aid, grants, gifts, etc), the capital account (country’s inflows and outflows of payments and transfer of ownership of fixed assets)

X + K_i = M + K_o \,

where:

  • X = exports
  • M = imports
  • Ki = capital inflows (FDI)
  • Ko = capital outflows

TOTAL FDI CAPITAL IN VIETNAM 1998 – 2006

vietnam FDI

Source: http://www.vietpartners.com/Statistic-FDI.htm

Registered FDI in 2007 over US$20.3 billion but only US$4 billion disbursed

Source: http://www.gda.com.vn/?page=news&code=news&id=1304

Vietnam must first develop its infrastructure facilities, land, human resources, etc. to welcome new waves of FDI into the country…

The advantage of our workforce is we have numbers but only small minorities are trained and capable…

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