VOV.VN - Cashew nut exports are set to face a number of difficulties moving into the third quarter of the year due to high inflation hitting several major global economies, according to details given by the Ministry of Industry and Trade (MoIT).
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 - The nation’s consumer price index (CPI) during the initial seven months of the year edged up 2.54% on-year, while core inflation rose by 1.44%, as announced by the General Statistics Office (GSO) on July 29.
Prime Minister Pham Minh Chinh chaired a meeting on July 28 to discuss short- and long-term measures for keeping inflation under control, stabilising the macro-economy, and promoting socio-economic recovery and development.
VOV.VN - Despite the global economy enduring an array of unpredictable fluctuations, the timely introduction and effective implementation of Government policies have contributed to Vietnam avoiding external shocks whilst also promoting growth.
VOV.VN - Major foreign financial institutions such as IMF, ADB, and AMRO have made different forecasts on Vietnamese inflation this year, although they all anticipate the figure to hover around 4%.
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's exports of timber and wood products have decreased due to the impact of high inflation in the export market, according to the Ministry of Industry and Trade.
Deputy Prime Minister Le Minh Khai requested appropriate measures be taken to guarantee macro-economic stability and control inflation to avoid economic shocks while maintaining normal production and business activities and ensuring people’s jobs and income.
VOV.VN - Vietnam’s GDP growth is anticipated to hover between 6.9% and 9% this year thanks to the positive performance in the second quarter and the first half of the year, according to domestic and international economic experts.