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.

Vietnam’s consumer price index (CPI) in the first five months of the year edged up 2.25% year-on-year while core inflation rose by 1.1%, according to the General Statistics Office (GSO).

It will be a challenge to keep Consumer Price Index (CPI) growth under 4% this year, according to an economist.

The HSBC has forecast that Vietnam's inflation will increase 3.7%, still below the inflation ceiling of 4% set by the State Bank of Vietnam (SBV).

VOV.VN - Following impressive growth recorded in the first quarter, Vietnamese coffee exports are projected to continue increasing moving into the second quarter thanks to abundant supply sources and incentives from numerous free trade agreements (FTAs), according to industry insiders.

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 - Vietnam is set to achieve an economic growth rate of 6.5% this year, although its inflation target of below 4% is not achievable, according to the annual publication of Vietnam Economic Review 2021 released on April 25 by the National Economics Univer

Fiscal policies have worked to promote economic growth and control inflation in the first months of this year, Deputy Minister of Finance Vo Thanh Hung said, adding that close watch should be placed on the market to ensure inflation is within the National Assembly’s target.

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.