VOV.VN - The Consumer Price Index (CPI) of Ho Chi Minh City in May increased by 0.35% compared to the previous month and by 4.5% from a year ago, the Ho Chi Minh City Statistics Office unveiled on June 3.
VOV.VN - Standard Chartered has predicted that Vietnam's GDP growth will reach 5.1% in Q3, up from 4.1% recorded in the previous quarter.
VOV.VN - Inflation is currently being well controlled in Vietnam thanks to an active and flexible monetary policy, coupled with self-control in the supply of basic necessities in the country, according to foreign experts.
VOV.VN - Vietnam’s inflation rate is projected to be at between 3.5% and 3.8% this year as there remains plenty of room for adjustments to be made to policies in order to accelerate the country’s economic recovery moving forward, according to economic advisers.
VOV.VN - Prime Minister Pham Minh Chinh sent a dispatch to various ministers, heads of ministry-level agencies, and chairmen of the People’s Committees of centrally-run provinces and cities on July 31, asking for stricter management of prices of essential goods and services.
VOV.VN - Along with maintaining the nation’s GDP growth forecast at 6.7% for this year and 7% in 2023, Standard Chartered projects that this year's inflation will exceed 4%, a figure higher than the target set by the National Assembly.
Vietnam is likely to complete its target of 6.5% in economic growth for 2022, but the goal of keeping the inflation rate under 4% is tough, according to Assoc. Dr. To Trung Thanh from the National Economics University (NEU).
VOV.VN - Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on April 6 had a working session with a delegation of the US Department of the Treasury led by Deputy Assistant Secretary of the Treasury Robert Kaproth.
Input cost increases have forced manufacturers to increase selling prices. However, purchasing power is weak, which is a warning about a tough year ahead.
The bailout in 2008-2009 pushed the national economy to a high inflation rate in following years, once climbing to 18%.