Tag: inflation
Vietnam strives to keep CPI growth low by end of 2021
Vietnam looks to maintain Consumer Price Index (CPI) growth lower than 1% a month during the last quarter of 2021 in an effort to keep inflation under the 4% target for the year.
Experts say national economy needs to be resilient to shocks
VOV.VN - Vietnam should adapt and stay resilient to economic shocks, as opposed to neglecting them, according to economic experts speaking during a recent workshop on forecasts for the national economy in the second half of the year.
Two updated scenarios put forward for Vietnamese economy until year’s end
VOV.VN - The Central Institute for Economic Management (CIEM) has revised two scenarios for the Vietnamese economy by the end of the year, with the GDP rate forecast to expand by 5.9% and 6.2%, respectively.
What’s behind the high GDP growth rate?
The high GDP growth rate of 5.64% reported for H1, when a number of large cities and provinces were under social distancing, businesses had to close, and people lost their livelihoods, has puzzled many people.
Expert believes inflation could fall below 4% this year
VOV.VN - With the consumer price index (CPI) increasing by 1.47% during the first half of the year, the lowest rise since 2016, it remains entirely feasible for the country to keep inflation below 4% this year, said Nguyen Thi Huong, general director of the General Statistics Office (GSO).
Vietnam’s GDP rises 6.61% in QII despite COVID-19
VOV.VN - Vietnam’s Gross Domestic Product (GDP) in the second quarter of this year grew by 6.61% against the same period from last year, despite the impact of the latest COVID-19 outbreak beginning in late April, according to the General Statistics Office (GSO).
VN economy develops relatively well despite latest COVID-19 outbreak
VOV.VN - The World Bank has said the Vietnamese economy appears to have fared relatively well in light of the fourth coronavirus outbreak, but warned several signs suggest slowdown in economic activity if the pandemic is not contained in the short term.
Vietnam’s economy to grow 6.7% in 2021: Standard Chartered
Standard Chartered announced on June 1 its forecast that Vietnam’s GDP growth would be 6.7% this year and 7.3% in 2022.
Inflationary pressure still present: GSO official
The average consumer price index (CPI) in the first four months of this year inched up 0.89% from the same period last year, the lowest rise for the first four months of a year since 2016 and clearing the way for the country to achieve its goal of keeping inflation at below 4% for the year.
Five-month CPI falls to five-year record low
VOV.VN - Vietnam’s consumer price index (CPI) for the first five months of the year has increased 1.29% compared to the same period last year, a record low figure since 2016, according to the General Statistics Office (GSO).
