Vietnam and the International Monetary Fund the "import substituting and non-tradable" sectors like construction and telecommunication as opposed to investment in exportable goods and services. In 2001, Vietnam sent a letter of intent to the IMF to receive a loan to fund the Poverty Reductions and Growth Funds arrangement. In order to create a greater macroeconomic stability for Vietnam they would rely on the monetary policy while under shock scenarios as it has proven to lift off interest rates. According to IMF records, Vietnam is still paying that loan and continues their membership with the IMF. Since 2012, the Vietnamese dong closely tied to the U.S.
Social issues in Vietnam their opportunity for farming. Fig 2. Child Poverty rate in Vietnam, 1993-2004 Source: VLSS 1992/93, 1997/98; VHLSS 2002, 2004. Child poverty has been greatly reduced from 65.2% in the 1993 to 26.7% in 2004. Another Survey on Household Living Standards data set from 2008 showed that 1 in 3 children in Vietnam is categorised as poor. Despite the drop, child poverty rate remains much higher than the national poverty rate (fig 2). Many children lack access to basic necessities like food, water, education and sanitation. This is especially so in the rural areas which lack affordability and infrastructure for the