Thesis information "The 2008-2009 world economic crisis and its impact on Vietnam's socio-economy" by HVCH Nguyen Thi Thanh Van, majoring in International Relations.1. Full name of student: Nguyen Thi Thanh Van 2. Gender: Female 3. Date of birth: May 27, 1959 4. Place of birth: Da Lat 5. Decision to recognize student No.: 1376/2008/QD-XHNV-KH&SĐH, October 29, 2008 by the President of the University of Social Sciences and Humanities, Vietnam National University, Hanoi 6. Changes in the training process: none 7. Thesis topic: The world economic crisis in 2008-2009 and its impact on Vietnam's socio-economy 8. Major: International relations; Code: 60.31.40 9. Scientific supervisor: Associate Professor. Dr. PHAM QUANG MINH, Head of the Faculty of International Studies (University of Social Sciences and Humanities - Vietnam National University, Ho Chi Minh City) 10. Summary of the results of the thesis: The thesis topic is structured into three parts, with the results reflected through the main contents as follows: CHAPTER I: Overview of the world economic crisis in 2008-2009 Causes of the economic crisis: originated from the burst of the subprime housing bubble in the US, and spread to large and small economies around the world. The crisis collapsed the entire monetary system of the world's leading banks and led to the bankruptcy of a series of economic corporations. This is a failure of policy, systemic faults. The crisis also forced the world to reconsider the ethical philosophy of development. CHAPTER II: Impact of the economic crisis on Vietnam. After 20 years of renovation, Vietnam's economy has achieved high growth rates, impressive poverty reduction, and has been recognized internationally. The global financial crisis has caused significant impacts on many areas of economic and social life. Impacts on economic growth, impacts on society, causing high inflation, fluctuating import and export turnover, trade deficit, and impacts on sustainable growth. Although the government has applied a number of effective stimulus measures. However, the consequences of the economic recession are not small, but they are also opportunities, contributing to changing Vietnam's position in the international arena. CHAPTER III: Some government solutions to the economic crisis The government has taken timely stimulus measures in the areas of investment-construction, currency, interest rates, exchange rates to combat economic recession and many consumer protection policies for workers. In addition, the government is also interested in international cooperation in an effort to prevent the crisis. Results achieved: Vietnam is one of the three countries with the lowest economic decline, and recovers quickly. Although the world economy has escaped the crisis by 2010, Vietnam's economy has recovered but is still uncertain. The prospect is bright but there are still potential macroeconomic instabilities. Vietnam must restructure, stabilize the macro economy, focus on administrative reform, fight corruption, prevent inflation, develop sustainably and ensure social security. 11. Potential for practical application: (if any) 12. Further research directions: (if any) 13. Published works related to the thesis: 1) CIEM Annual Report on Socio-Economics, 2008 2) Proceedings of the Scientific Conference, March 2010, University of Social Sciences and Humanities - Hanoi, in collaboration with Rosa Luxembourg Foundation: "Global financial crisis: Impacts and responses of Vietnam"
INFORMATION ON MASTER'S THESIS
1. Full name : NGUYEN THI THANH VAN 2. Sex: Female 3. Date of birth: May 27, 1959 4. Place of birth: Dalat 5. Admission decision number: 1376/2008/QD-XHNV-KH&SĐH Dated 29th October 2008 6. Changes in academic process: (none) (List the forms of change and corresponding times) 7. Official thesis title: THE WORLD FINANCIAL CRISIS 2008-2009 AND ITS IMPACTS ON VIETNAM SOCIO-ECONOMIC 8. Major: International Studies 9. Code: 60.31.40 10. Supervisors: Associated Professor Dr. PHAM QUANG MINH, The Dean of the Faculty of International Studies. University of Social Sciences and Humanities of Ha Noi, USSH 11. Summary of the findings of the thesis: The thesis “The World financial crisis 2008-2009 and its impacts on Vietnam socio-economics, consists of 3 chapters, with main ideas as follows: CHAPTER I: General overview about world Financial crisis - The subprime mortgage crisis and the bursting of other real estate that hit the world has led to recession in the United State and a number of other countries in late 2008-2009. The world financial is severely affected. The collapse of the housing bubble, banking panics, currency crisis, stock markets crashes. Questions regarding bank solvency, declines in credit availability, and damage to investor confidence, including monetary policy mistakes on the part of Federal reserve and Ben Bernanke have acknowledged that he agrees. - Main characteristics of the economic crisis, and strict measures of the government in order to overcome recession. Moreover, the global crisis caused some ideological discussion. Economy has always been unpredictable, there is consensus, however financial crises are still a regular occurrence around the world. CHAPTER II: The impacts of the world financial crisis on Vietnam - The impact analysis of the current economic crisis in Vietnam on key socio-economic areas. Impact on export and import, impact on FDI, impact on services and domestic trade, social impact on unemployement, impact on economic growth and state budget. Implication for policy. CHAPTER III: Reaction of the Vietnam Government - Economic crisis effects and Vietnam Government economic bailout policy. - Viet Nam Cooperation with international organizations to overcome recession. - Concluding comment: The global financial crisis has enormous impacts on the economic structure, policies and the concept of socio-economic development. Besides it should provide Vietnam an opportunity and an imperative for reform and change. Hopefully, Vietnam could catch this change and realize it. Many economists have offered theories about how financial crises develop and how they could be prevented. Implications for policy and Vietnam's quest for continued macro economic development... (Summarize them with stress on the new findings, if any) 12. Practical applicability, if any: 13. Further research directions, if any: 14. Thesis-related publications: 1) CIEM 2008, Annual report in Vietnam socio-economy 2) Proceedings of the Conference in Hanoi (March/2010): “The impacts of the world financial crisis on Vietnam and its reactions”
