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Tag: inflation control

Key lawmakers okay further tax cut on petrol, effective as of July 11
Key lawmakers okay further tax cut on petrol, effective as of July 11

VOV.VN - The National Assembly Standing Committee, at its extraordinary session on July 6, approved the Government’s proposal on additional environmental protection tax cuts on petrol and oil in an attempt to cool down the domestic fuel market.

Key lawmakers okay further tax cut on petrol, effective as of July 11

Key lawmakers okay further tax cut on petrol, effective as of July 11

PM requests maintaining macro-economic stability, controlling inflation
PM requests maintaining macro-economic stability, controlling inflation

Prime Minister Pham Minh Chinh on July 4 chaired an online meeting with localities and a regular Cabinet meeting to review the socio-economic situation in the first half of this year and seek solutions to implement tasks for the rest of the year.

PM requests maintaining macro-economic stability, controlling inflation

PM requests maintaining macro-economic stability, controlling inflation

UOB raises Vietnam’s projected GDP growth to 7% this year
UOB raises Vietnam’s projected GDP growth to 7% this year

VOV.VN - Singapore-based United Overseas Bank (UOB) has raised Vietnam’s projected GDP growth this year to 7% thanks to the country’s impressive economic growth recorded in the second quarter of the year.

UOB raises Vietnam’s projected GDP growth to 7% this year

UOB raises Vietnam’s projected GDP growth to 7% this year

Local inflationary pressure lower than other countries
Local inflationary pressure lower than other countries

VOV.VN - Vietnam remains self-sufficient in terms of food, which accounts for 40% of the basket of goods, meaning inflation pressure is not as high as faced by other countries, according to Finance Minister Ho Duc Phoc.

Local inflationary pressure lower than other countries

Local inflationary pressure lower than other countries

Rising petrol prices challenge inflation control efforts
Rising petrol prices challenge inflation control efforts

VOV.VN - The goal of maintaining inflation at 4% this year will be threatened unless viable solutions are introduced in a bid to rein in rapidly-increasing petrol prices, according to economic experts.

Rising petrol prices challenge inflation control efforts

Rising petrol prices challenge inflation control efforts

Inflation rate in 2022 forecast to stand at 2% to 3%
Inflation rate in 2022 forecast to stand at 2% to 3%

VOV.VN - The inflation rate for 2022 will be within reach of around 2% to 3%, lower than the 4% target set by the National Assembly (NA), according to forecast made by various experts and managers.

Inflation rate in 2022 forecast to stand at 2% to 3%

Inflation rate in 2022 forecast to stand at 2% to 3%

What scenario ahead for Vietnamese price market in 2021?
What scenario ahead for Vietnamese price market in 2021?

VOV.VN - Despite suffering a slowdown in production and business activities as a result of the impact caused by the novel coronavirus (COVID-19) pandemic, the Vietnamese economy enjoyed positive annual growth of 2.91% in 2020, according to economic experts.

What scenario ahead for Vietnamese price market in 2021?

What scenario ahead for Vietnamese price market in 2021?

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