Tag: inflation
Cashew exports to face challenges caused by high inflation
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).
Government chief calls for stronger price stabilisation efforts
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.
Vietnamese CPI up 2.54% over seven-month period
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.
PM requests tough policy to ensure macro-economic stability
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.
Clear and effective policies help mitigate external shock impact
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.
Foreign financiers believe Vietnam likely to control inflation at 4% this year
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%.
Standard Chartered: Vietnamese inflation rate likely to exceed 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 wood exports decrease as inflation increases
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 PM demands appropriate moves be made to avoid economic shocks
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.
Vietnam’s GDP growth to be well above 6.5% target, forecast experts
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.
