Keep Us Strong WikiLeaks logo

Currently released so far... 97115 / 251,287

Articles

Browse latest releases

Browse by creation date

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ETRD EAGR ETTC EAID ECON EFIN ECIN EINV ELAB EAIR ENRG EPET EWWT ECPS EIND EMIN ELTN EC ETMIN EUC EZ ET ELECTIONS ENVR EU EUN EG EINT ER ECONOMICS ES EMS ENIV EEB EN ECE ECOSOC EK ENVIRONMENT EFIS EI EWT ENGRD ECPSN EXIM EIAD ERIN ECPC EDEV ENGY ECTRD EPA ESTH ECCT EINVECON ENGR ERTD EUR EAP EWWC ELTD EL EXIMOPIC EXTERNAL ETRDEC ESCAP ECO EGAD ELNT ECONOMIC ENV ETRN EIAR EUMEM ENRGPARMOTRASENVKGHGPGOVECONTSPLEAID EREL ECOM ECONETRDEAGRJA ETCC ETRG ECONOMY EMED ETR ENERG EITC EFINOECD EURM EENG ERA EXPORT ENRD ECONEINVETRDEFINELABETRDKTDBPGOVOPIC EGEN EBRD EVIN ETRAD ECOWAS EFTA ECONETRDBESPAR EGOVSY EPIN EID ECONENRG EDRC ESENV ETT EB ENER ELTNSNAR ECHEVARRIA ETRC EPIT EDUC ESA EFI ENRGY ESCI EE EAIDXMXAXBXFFR EETC ECIP EIAID EIVN EBEXP ESTN EING EGOV ETRA EPETEIND ELAN ETRDGK EAIDRW ETRDEINVECINPGOVCS EPEC ENVI ELN EAG EPCS EPRT EPTED ETRB EUM EAIDS EFIC EFINECONEAIDUNGAGM EAIDAR ESF EIDN ELAM EDU EV EAIDAF ECN EDA EXBS EINTECPS ENRGTRGYETRDBEXPBTIOSZ EPREL EAC EINVEFIN ETA EAGER EINDIR ECA ECLAC ELAP EITI EUCOM ECONEFINETRDPGOVEAGRPTERKTFNKCRMEAID EARG ELDIN EINVKSCA ENNP EFINECONCS EFINTS ECCP ETC EAIRASECCASCID EINN ETRP EAIDNI EFQ ECOQKPKO EGPHUM EBUD ECONEINVEFINPGOVIZ ENERGY ELB EINDETRD EMI ECONEFIN EIB EURN ETRDEINVTINTCS EIN EFIM ETIO ELAINE EMN EATO EWTR EIPR EINVETC ETTD ETDR EIQ ECONCS EPPD ENRGIZ EISL ESPINOSA ELEC EAIG ESLCO EUREM ENTG ERD EINVECONSENVCSJA EEPET EUNCH ECINECONCS ETRO ETRDECONWTOCS ECUN EFND EPECO EAIRECONRP ERGR ETRDPGOV ECPN ENRGMO EPWR EET EAIS EAGRE EDUARDO EAGRRP EAIDPHUMPRELUG EICN ECONQH EVN EGHG ELBR EINF EAIDHO EENV ETEX ERNG ED
KMDR KPAO KPKO KJUS KCRM KGHG KFRD KWMN KDEM KTFN KHIV KGIC KIDE KSCA KNNP KHUM KIPR KSUM KISL KIRF KCOR KRCM KPAL KWBG KN KS KOMC KSEP KFLU KPWR KTIA KSEO KMPI KHLS KICC KSTH KMCA KVPR KPRM KE KU KZ KFLO KSAF KTIP KTEX KBCT KOCI KOLY KOR KAWC KACT KUNR KTDB KSTC KLIG KSKN KNN KCFE KCIP KGHA KHDP KPOW KUNC KDRL KV KPREL KCRS KPOL KRVC KRIM KGIT KWIR KT KIRC KOMO KRFD KUWAIT KG KFIN KSCI KTFIN KFTN KGOV KPRV KSAC KGIV KCRIM KPIR KSOC KBIO KW KGLB KMWN KPO KFSC KSEAO KSTCPL KSI KPRP KREC KFPC KUNH KCSA KMRS KNDP KR KICCPUR KPPAO KCSY KTBT KCIS KNEP KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KNNB KGCC KINR KPOP KMFO KENV KNAR KVIR KDRG KDMR KFCE KNAO KDEN KGCN KICA KIMMITT KMCC KLFU KMSG KSEC KUM KCUL KMNP KSMT KCOM KOMCSG KSPR KPMI KRAD KIND KCRP KAUST KWAWC KTER KCHG KRDP KPAS KITA KTSC KPAOPREL KWGB KIRP KJUST KMIG KLAB KTFR KSEI KSTT KAPO KSTS KLSO KWNN KPOA KHSA KNPP KPAONZ KBTS KWWW KY KJRE KPAOKMDRKE KCRCM KSCS KWMNCI KESO KWUN KPLS KIIP KEDEM KPAOY KRIF KGICKS KREF KTRD KFRDSOCIRO KTAO KJU KWMNPHUMPRELKPAOZW KEN KO KNEI KEMR KKIV KEAI KWAC KRCIM KWCI KFIU KWIC KCORR KOMS KNNO KPAI KBWG KTTB KTBD KTIALG KILS KFEM KTDM KESS KNUC KPA KOMCCO KCEM KRCS KWBGSY KNPPIS KNNPMNUC KWN KERG KLTN KALM KCCP KSUMPHUM KREL KGH KLIP KTLA KAWK KWMM KVRP KVRC KAID KSLG KDEMK KX KIF KNPR KCFC KFTFN KTFM KPDD KCERS KMOC KDEMAF KMEPI KEMS KDRM KEPREL KBTR KEDU KNP KIRL KNNR KMPT KISLPINR KTPN KA KJUSTH KPIN KDEV KTDD KAKA KFRP KWNM KTSD KINL KJUSKUNR KWWMN KECF KWBC KPRO KVBL KOM KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KEDM KFLD KLPM KRGY KNNF KICR KIFR KM KWMNCS KAWS KLAP KPAK KDDG KCGC KID KNSD KMPF KPFO KDP KCMR KRMS KNPT KNNNP KTIAPARM KDTB KNUP KPGOV KNAP KNNC KUK KSRE KREISLER KIVP KQ KTIAEUN KPALAOIS KRM KISLAO KWM KFLOA
PHUM PINR PTER PGOV PREL PREF PL PM PHSA PE PARM PINS PK PUNE PO PALESTINIAN PU PBTS PROP PTBS POL POLI PA PGOVZI POLMIL POLITICAL PARTIES POLM PD POLITICS POLICY PAS PMIL PINT PNAT PV PKO PPOL PERSONS PING PBIO PH PETR PARMS PRES PCON PETERS PRELBR PT PLAB PP PAK PDEM PKPA PSOCI PF PLO PTERM PJUS PSOE PELOSI PROPERTY PGOVPREL PARP PRL PNIR PHUMKPAL PG PREZ PGIC PBOV PAO PKK PROV PHSAK PHUMPREL PROTECTION PGOVBL PSI PRELPK PGOVENRG PUM PRELKPKO PATTY PSOC PRIVATIZATION PRELSP PGOVEAIDUKNOSWGMHUCANLLHFRSPITNZ PMIG PREC PAIGH PROG PSHA PARK PETER POG PHUS PPREL PS PTERPREL PRELPGOV POV PKPO PGOVECON POUS PGOVPRELPHUMPREFSMIGELABEAIDKCRMKWMN PWBG PMAR PREM PAR PNR PRELPGOVEAIDECONEINVBEXPSCULOIIPBTIO PARMIR PGOVGM PHUH PARTM PN PRE PTE PY POLUN PPEL PDOV PGOVSOCI PIRF PGOVPM PBST PRELEVU PGOR PBTSRU PRM PRELKPAOIZ PGVO PERL PGOC PAGR PMIN PHUMR PVIP PPD PGV PRAM PINL PKPAL PTERE PGOF PINO PHAS PODC PRHUM PHUMA PREO PPA PEPFAR PGO PRGOV PAC PRESL PORG PKFK PEPR PRELP PREFA PNG PGOVPHUMKPAO PRELECON PINOCHET PFOR PGOVLO PHUMBA PRELC PREK PHUME PHJM POLINT PGOVPZ PGOVKCRM PGOVE PHALANAGE PARTY PECON PEACE PROCESS PLN PRELSW PAHO PEDRO PRELA PASS PPAO PGPV PNUM PCUL PGGV PSA PGOVSMIGKCRMKWMNPHUMCVISKFRDCA PGIV PRFE POGOV PEL PBT PAMQ PINF PSEPC POSTS PHUMPGOV PVOV PHSAPREL PROLIFERATION PENA PRELTBIOBA PIN PRELL PGOVPTER PHAM PHYTRP PTEL PTERPGOV PHARM PROTESTS PRELAF PKBL PRELKPAO PKNP PARMP PHUML PFOV PERM PUOS PRELGOV PHUMPTER PARAGRAPH PERURENA PBTSEWWT PCI PETROL PINSO PINSCE PQL PEREZ PBS

Browse by classification

Community resources

courage is contagious

Viewing cable 08HANOI1127, GVN DISCUSSES ECONOMIC SITUATION, BIT AND BUSINESS

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #08HANOI1127.
Reference ID Created Released Classification Origin
08HANOI1127 2008-10-02 01:28 2011-08-25 00:00 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Hanoi
VZCZCXRO7576
PP RUEHCHI RUEHDT RUEHFK RUEHHM RUEHKSO RUEHNAG RUEHNH RUEHPB
DE RUEHHI #1127/01 2760128
ZNR UUUUU ZZH
P 020128Z OCT 08
FM AMEMBASSY HANOI
TO RUEHC/SECSTATE WASHDC PRIORITY 8560
INFO RUEHHM/AMCONSUL HO CHI MINH 5179
RUCNASE/ASEAN MEMBER COLLECTIVE
RUEHZU/ASIAN PACIFIC ECONOMIC COOPERATION
RUEATRS/DEPT OF TREASURY WASHINGTON DC
RUCPDOC/DEPT OF COMMERCE WASHINGTON DC
UNCLAS SECTION 01 OF 02 HANOI 001127 
 
(C O R R E C T E D  C O P Y - TEXT BELOW SIGNATURE LINE REMOVED) 
 
SENSITIVE 
SIPDIS 
 
STATE FOR EAP/MLS MBROWN 
SINGAPORE FOR TREASURY 
TREASURY FOR SCHUN 
USTR FOR DBISBEE 
 
E.O. 12958: N/A 
TAGS: ECON PGOV EAID VM
SUBJECT:  GVN DISCUSSES ECONOMIC SITUATION, BIT AND BUSINESS 
CLIMATE 
 
REF: A) Hanoi 1095 ("IMF Says GVN Not Out of the Woods"); 
B) Hanoi 1108 ("Vietnam Economic Highlights"); 
C) "Governance in Vietnam: Program Options for USAID" 
 
HANOI 00001127  001.4 OF 002 
 
 
1. (U) This cable is sensitive but unclassified.  For official use 
only, not for dissemination outside USG channels or posting on the 
internet. 
 
2. (SBU) Summary:  In meetings with the DCM, officials at the 
Ministries of Finance, Planning and Investment, and Industry and 
Trade, and the Office of the Government discussed their plans to 
overcome Vietnam's macroeconomic challenges, their outlook on the 
Bilateral Investment Treaty (BIT) negotiations and the Trans-Pacific 
Strategic Economic Partnership Agreement (Transpac), and issues 
affecting the overall business climate.  The U.S. financial crisis 
was also a popular topic, with officials at every ministry asking 
for updates.  End Summary. 
 
COMPARING NOTES ON FINANCIAL TURMOIL 
------------------------------------ 
 
3.  (SBU) During her meeting with Finance Ministry (MOF) Vice 
Minister Tran Xuan Ha, the DCM reinforced the importance of 
macroeconomic stability to both local and foreign investors and 
noted the continued absence of a revised budget.  She asked Ha about 
the MOF's plans for fiscal spending during the second half of 2008, 
citing the mid-September IMF assessment that MOF planned to increase 
expenditures for the rest of the year (REF A).  Ha said that the 
Government of Vietnam (GVN) recently asked the ministries and 
provinces to cut another 10 percent of expenditures during 2008 (in 
addition to the initial 10 percent request earlier in the year), but 
said nothing about a revised budget.  The Vice Minister called the 
IMF conclusion "incorrect" because the IMF "should have looked at 
GVN cash flow" instead of second-half budget projections.  Ha stated 
that the GVN remained committed to controlling inflation. 
 
4.  (SBU) GVN officials were keen to know what the DCM thought about 
the financial turmoil in the United States.  Vice Minister Ha 
confided that a slowing down of the U.S. economy and of other large 
markets would almost certainly result in a contraction of Vietnam's 
exports.  The DCM explained that the solutions under consideration 
were meant to provide rapid relief so that the U.S. economy could 
move towards recovery, rather than taking many years to work out 
systemic issues as other countries had done. 
 
SCHEDULING THE FIRST ROUND OF BIT TALKS 
--------------------------------------- 
 
5.  (SBU) On the BIT, the DCM urged her GVN counterparts "to get the 
process going" before the end of the year.  "We don't expect the 
bilateral relationship to change, but it takes time for a new 
administration to get started," she said.  Ministry of Planning and 
Investment (MPI) Vice Minister Dung agreed, adding that he hoped to 
hold the first round of negotiations "soon."  He cautioned, however, 
that "given the importance [of negotiations], we have to have 
careful preparations, when it is signed we want to be prepared to 
implement it."  The Office of the Government's (OOG) Director of 
International Relations, Bui Huy Hung, and Ministry of Industry and 
Trade (MOIT) Vice Minister Hao were equally cautious, but both 
pledged to get to the table before the end of the year. 
 
TRANSPAC 
-------- 
 
6.  (SBU) The GVN officials also told the DCM that they were taking 
an even more cautious approach to Transpac.  The MPI's Dung likened 
Vietnam to a "sick man learning to go outdoors for the first time" 
and cited the need for a "comprehensive assessment" of new 
initiatives.  MOIT's Hao and the OOG's Hung said that the GVN had 
not made up its mind about participating and noted that they would 
need time to review such a complex proposal.  Hung added that the 
GVN has asked the Support for Trade Acceleration (STAR) program for 
assistance in understanding the potential benefits to Vietnam. 
[P1] 
U.S. BUSINESS CONCERNS 
---------------------- 
 
7.  (SBU) The DCM raised a number of business concerns with the 
MOIT, MPI and MOF, including the growing unpredictability of the 
GVN's taxation regime and the effect that this has on major U.S. 
company projects and Vietnam's overall business climate (REF B). The 
MOIT and MPI vice ministers recognized that the business climate in 
 
HANOI 00001127  002.4 OF 002 
 
 
Vietnam was less than ideal, and blamed these measures on the 
current macroeconomic challenges that the country is facing.  "I 
agree we should strive for transparency and predictability," VM Dung 
told her.  Finance Vice Minister Ha, however, defended the proposed 
mineral and oil tariff hikes, saying that Vietnam needed to 
"conserve its non-renewable resources."  The DCM urged him to 
implement such hikes gradually so that businesses could plan 
accordingly. 
 
GOVERNANCE REFORM 
----------------- 
 
8.  (SBU) The DCM took the opportunity to present MPI with a copy of 
the "Discussion Paper for Joint Vietnam/U.S. Consultation on 
Expanding Governance Technical Assistance," based on a lengthier 
study prepared by USAID (REF C).  Mission Vietnam had presented the 
Discussion Paper to the OOG in June, and the OOG forwarded the 
document to MPI.  As of September 25, however, our contacts at MPI 
claimed not to have received it.  MPI VM Dung acknowledged that this 
was the first time that he had seen the report but promised to 
review it and provide comments. 
 
MICHALAK