Vietnam International Political Economy

The Vietnamese government announced it will spend $17 billion in 2009 in order to stimulate the Vietnam economy in the wake of the global economic crisis according to Bloomberg.

While a portion of the spending plan is part of the over all budget for the Vietnam economy, the amount is 23 percent higher as the Vietnam government struggles to maintain jobs in the Vietnam economy is expected to decline this year.

Infrastructure, social security and exports are key areas where the Vietnam government will inject significant portions of the spending budget.