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Abstract

This paper estimates effects of changes in the monetary policy in 2008-09 on operations of local commercial banks and companies. The paper is based on results of a survey and profound interviews with 20 commercial banks and 196 companies in Ha Noi, Haûi Phoøng and HCMC conducted by the Vietnam Development Forum (VDF). The research results allow us to evaluate policies implemented recently and offer some suggestions.

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