Economic Security during Vietnam’s Process of International Integration

Abstract

During its integration, Vietnam’s economy has undergone macroeconomic instability which negatively affected the economic growth and limited the benefits derived from integration. Due to macroeconomic instability caused by the lack of efficiency in managing foreign capital flows, foreign trade imbalance  resulting from prolonged import surplus, mainly from the Chinese market, and the budget deficit from domestic and foreign debts, it is more challenging to ensure economic security.