Vietnam International Political Economy

The Vietnam government has announced a $6 billion plan to stimulate the Vietnam economy according to AP.

The Vietnam government will spend the money on infrastructure projects including schools and hospitals as well as go towards job training.

The original amount of the proposed Vietnam government stimulus plan was $1 billion.
Now however that the global economic crisis has taken hold the concern is that more stimulus is needed in order to boost production and spur consumption in order to realistically hit Vietnam’s economic revised growth target for 2009 of 6 to 6.5 percent.