While the Russia-Ukraine conflict has left negative impacts related to transport, inflation and international payments on import and export activities, it could also create opportunities for businesses which adopted timely adaptation measures, experts have said.
Tax and fee reductions have contributed to bringing inflation under control in Vietnam, according to Deputy Minister of Finance Vo Thanh Hung.
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.
VOV.VN - The consumer price index (CPI) in the first quarter of the year rose by 1.92%, representing the lowest increase since 2017, with the exception of 2021, although the inflationary pressure will remain high until the end of the year, according to a senior statistician.
VOV.VN - The Hong Kong & Shanghai Banking Corporation (HSBC) has moved to lower Vietnam’s GDP growth rate for the year from the previously-projected 6.5% to 6.2% amid fears of rising oil prices globally.
VOV.VN - The recent surges in the price of food and petrol has led to the consumer price index (CPI) to rise by 1.92% in the first quarter of the year while core inflation also soared by 0.81%, the General Statistics Office (GSO) announced on March 29.
VOV.VN - The Vietnamese economy maintained its strong recovery with gross domestic product (GDP) during the first quarter growing by 5.03%, while inflation and consumer price index continued to be controlled, according to the latest figures given by the General Statistics Office (GSO).
VOV.VN - Vietnamese foreign exchange reserves have increased considerably over recent years and are expected to remain on an upward trajectory moving forward despite unfavourable factors, according to international financiers the World Bank (WB) and the International Monetary Fund (IMF).
VOV.VN - VinaCapital, one of Vietnam’s most experienced asset management companies, has forecast that the country’s GDP growth rate this year is likely to expand by 6.5%, or 1% lower than its previous forecast.
Vietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control.