Tag: inflation
StanChart forecasts rate cut if COVID-19 impact lasts beyond Oct
Standard Chartered has forecast a potential interest rate cut if the economic impact of Vietnam’s COVID-19 outbreak lasts beyond October.
Solutions needed to boost post-pandemic economic recovery
VOV.VN - Vietnam must devise a range of comprehensive solutions aimed at reviving its COVID ravaged economy in the post pandemic period, according to Nguyen Thi Huong, director of the Vietnam General Statistics Office (GSO).
Measures should be scientifically studied to adapt to COVID-19: PM
Prime Minister Pham Minh Chinh requested thoroughly and scientifically studying measures to adapt to the COVID-19 pandemic while chairing the Government’s monthly meeting in Hanoi on September 6.
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.