On 14th July 2016, National Economics University in collaboration with Central Economic Committee and Economic Commission of Congress organized the scientific seminar on Vietnam’s economy in the first 6 months of 2016 and BREXIT effects.
Attending the seminar, from distinguished guests, there were Dr. Nguyen Ngoc Bao - Deputy Head of Central Economic Committee, Dr. Hoang Xuan Hoa - Deputy Director of Economic Department of Central Economic Committee, Dr. Mai Xuan Hung - Deputy Chairman of Economic Commission of Congress. From NEU, there were Prof. Dr. Tran Tho Dat - President, Prof. Dr. Pham Quan Trung - Vice President, Assoc Prof. Dr. Pham Hong Chuong - Vice President, Assoc Prof. Dr. Tran Thi Van Hoa - Vice President, Prof. Dr. Le Du Phong - Former Acting President, Prof. Dr. Nguyen Dinh Huong - Former President, Prof. Dr. Nguyen Van Nam - Former President, Prof. Dr. Phan Cong Nghia - Former Vice President
Making opening remark, Prof. Dr. Tran Tho Dat stated the emerging issues of Vietnam’s and global economy in the first six months of 2016 including difficulties and challenges to the economy currently, and difficulties for policy makers in seeking for feasible solutions for those problems. On behalf of NEU, Prof. Dr. Tran Tho Dat also thanked to scientists for submitting papers and hoped that there would be a lot of recommendations and suggestion from participants in order to contribute to completing socio-economic policies in the future.
With two presentations and a lot of direct discussions, it was stated that Vietnam’ economy in the first 6 months of 2016 was in the context of many national, regional and international fluctuations with special events. Global economy was recovered slowly especially developing countries’ economies. Price of oil and raw materials fluctuated strongly and caused difficulties for economies depending on export those materials.
Besides the significant achievements in 2015, Vietnam’s economy encountered several adverse factors such as decline of raw oil price, climate change and environmental pollution…. About bank system and finance, it was thought that Vietnam’s bank system and financial market underwent quite positive changes like stable interest rates, downward trend of lending interest rate…Talking about BREXIT, the participants stated that it did not effect directly on Vietnam’s economy due to the fact that English investment and financial transactions were not considerable, and there were not many Vietnamese owning GBP.
After nearly three hours, the scientific seminar on Vietnam’s economy in the first 6 months of 2016 and BREXIT effects was closed successfully.