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.

VOV.VN - High domestic petrol prices have put greater pressure on production and business services, especially on transportation and production of consumer goods that fall victim to recent price hikes.

VOV.VN - Vietnam’s merchandise trade balance remains in surplus, despite an export slowdown, while FDI commitment and disbursement enjoyed a solid start to the year, according to the “Vietnam Macro Monitoring” monthly report released by the World Bank.

An article recently published on the East Asia Forum site assessed prospects and challenges facing the Vietnamese economy this year.

Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the US Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open.

The Ministry of Finance's Department of Price Management (DPM) has proposed several solutions to curb the rising tendency of inflation after the Lunar New Year (Tet) holiday.

VOV.VN - The consumer price index (CPI) for January increased by 0.19% month on month and by 1.94% year on year, fuelling core inflation for January to rise by 0.22%, according to the General Statistics Office (GSO).

Experts have forecast that inflation will remain under control in 2022 although there will be pressure in the year.

Input cost increases have forced manufacturers to increase selling prices. However, purchasing power is weak, which is a warning about a tough year ahead.

The Government has identified three focal tasks for economic development in 2022, noting that it will capitalise on every opportunity to promote socio-economic recovery and development nationwide, maintain long-term growth momentum, and make use of new and sustainable drivers.