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Tag: inflation

Expert believes inflation could fall below 4% this year
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).

Expert believes inflation could fall below 4% this year

Expert believes inflation could fall below 4% this year

Vietnam’s GDP rises 6.61% in QII despite COVID-19
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).

Vietnam’s GDP rises 6.61% in QII despite COVID-19

Vietnam’s GDP rises 6.61% in QII despite COVID-19

VN economy develops relatively well despite latest COVID-19 outbreak
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.

VN economy develops relatively well despite latest COVID-19 outbreak

VN economy develops relatively well despite latest COVID-19 outbreak

Vietnam’s economy to grow 6.7% in 2021: Standard Chartered
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.

Vietnam’s economy to grow 6.7% in 2021: Standard Chartered

Vietnam’s economy to grow 6.7% in 2021: Standard Chartered

Inflationary pressure still present: GSO official
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.

Inflationary pressure still present: GSO official

Inflationary pressure still present: GSO official

Five-month CPI falls to five-year record low
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).

Five-month CPI falls to five-year record low

Five-month CPI falls to five-year record low

Inflationary pressure still present: GSO official
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 period since 2016 and clearing the way for the country to achieve its goal of keeping inflation at below 4% for the year as a whole.

Inflationary pressure still present: GSO official

Inflationary pressure still present: GSO official

Ministry to actively build price management scenarios
Ministry to actively build price management scenarios

The Ministry of Finance (MoF)'s Price Management Department will actively set up scenarios for managing prices of essential goods according to the market performance, but still ensuring inflation control as targeted, said director of the department Nguyen Anh Tuan.

Ministry to actively build price management scenarios

Ministry to actively build price management scenarios

Vietnam faces challenges to keep inflation under target: Experts
Vietnam faces challenges to keep inflation under target: Experts

While the expansion of the consumer price index (CPI), seen as a gauge for inflation, remained under control, growing prices of input materials and heating up economic activities are factors that could increase inflationary pressure on the remaining months of the year.

Vietnam faces challenges to keep inflation under target: Experts

Vietnam faces challenges to keep inflation under target: Experts

GDP increases by 4.48% in first quarter
GDP increases by 4.48% in first quarter

VOV.VN - The gross domestic product (GDP) during the initial quarter of the year is estimated to have recorded an increase of 4.48% compared to the same period from last year, according to data released by the General Statistics Office (GSO) at a press conference held on March 29 in Hanoi.

GDP increases by 4.48% in first quarter

GDP increases by 4.48% in first quarter

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