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er slowly. Index optimistic assessment of the U.S. Independent Business Association has got the lowest since 1987. In addition, fiscal policy deadlock between the administration of President Barack Obama and Republican lawmakers that the consumer confidence index U.S. also fell to its lowest level since last August.

In addition, the recovery of the U.S. economy also affected by external factors such as the slowdown of the Chinese economy - the world's second largest economy, the debt crisis raging region European common currency as well as the bleak outlook of the UK economy and Japan.

In 2012, this year will continue to be a really difficult year for the euro area countries in Europe (Eurozone). Many solutions have been implemented in order to solve the debt crisis, but are not yet effective. By the end of 2012, the continent's leaders to reach an agreement on monitoring the banking system in the eurozone, opens a new direction in an effort to tame the crisis.

One positive sign is that the rating agencies credibility International Standard and Poor's (S & P) raised its credit rating debt of Greece on 6 levels, from the 'bankcruptcy' part on the B-(for long-term debt) and B (for short-term debt) with the prospect of 'stability.'

Although recognized a certain result, but observers believe that Europe will face another recession year due to the unemployment rate rose to a record, the debt crisis is still severe. Experts continue to warn that 'the European debt crisis remains the biggest risk to the global economic recovery.'

In 'Vietnam needs institutional innovation,' said Dr. Pham Do Chi (former senior economist of the International Monetary Fund - IMF) has warned: re Eurozone economic risk due to severe recession debt storm recurrence at the end of this year are increasingly visible while China ignored the Europe crisis support. Economic growth of the European common currency area not keep up with the U.S.. The decision to address the difficulties of Europe was delayed by the leaders do not identify the difficulties of starting area how and why.

Debt and banking crisis more pervasive than ever before to the major economies of Europe with alarm in France after being downgraded national credit credit.

The impact of the crisis in the U.S. and the European common currency area for enterprises in Vietnam.

Vietnamese enterprises in some key economic sectors only goods to the foreign partner. The export turnover of this sector is largely through the export of trust, because they have not found a partner to export directly. On the other hand, Vietnam mainly imports raw materials from outside the export processing. In textile export enterprises have to import 70% of raw materials from abroad. Many foreign suppliers of raw materials is also difficult because many textile enterprises convert or reduce the number of export.

Export turnover of Vietnam accounts for 60% of the country's GDP. Due to the impact of the U.S. economy recession, the Vietnamese export companies will be impacted because at any economies account for a large proportion of exports as Vietnam.

When the world economic recovery speed slow, medium-term prospects for Vietnam's exports would be less convenient. Especially when the purchasing power to buy goods less in Europe, exports to the continent will decline big without timely