Vietnam'S Footwear Exports Are Seriously Affected By The US Financial Crisis.
According to the Vietnam economic times October 29th report, a seminar on "international financial crisis and Vietnam's financial finance, import and export and enterprise response" was organized by the editorial office of Vietnam economic times in Hu Zhiming city.
Experts believe that the US financial crisis has little direct impact on Vietnam, but the indirect effect is not small. Especially for Vietnam's exports, because the United States is an important export market for Vietnam's textiles, footwear and aquatic products. Foreign investors may withdraw funds and sell stocks from Vietnam due to financial difficulties, which will affect Vietnam's foreign exchange reserves and securities market prices.
Some experts suggest that the government should prevent the financial crisis caused by bad debts of real estate, and the central bank should always be ready to inject capital into commercial banks when necessary.
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