While there are several upside risks, moderating food prices should keep Vietnam’s inflation under control.

Prof. Tran Van Tho, a former lecturer at Japan’s Waseda University suggested several measures for Vietnam to achieve sustainable economic development in the next period in an interview recently granted to a Vietnam News Agency reporter in Tokyo.

VOV.VN - Despite suffering a slowdown in production and business activities as a result of the impact caused by the novel coronavirus (COVID-19) pandemic, the Vietnamese economy enjoyed positive annual growth of 2.91% in 2020, according to economic experts.

Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.

The financial sector needs to renovate more strongly to free up resources to meet the country’s development objectives, Prime Minister Nguyen Xuan Phuc told an online meeting to review financial sector and State budget performance in 2020 and define tasks for 2021.

VOV.VN - Vietnam is likely to meet its target of reining in inflation at a rate of below 4% in 2021, although experts warn that unfavourable factors could impact market fluctuations.

VOV.VN - The Vietnamese economy has remained extremely resilient throughout the year despite the adverse impact of the novel coronavirus (COVID-19) pandemic, with import-export activities witnessing a gradual bounce back, according to insiders.

VOV.VN - The consumer price index (CPI) in October enjoyed a slight rise of 0.09%, representing the same level as the previous month and the lowest level for the 2016- 2020 period, according to figures released on October 29 by the General Statistics Office (GSO).

Fifteen among 22 targets set in the National Assembly’s Resolution 24/2016/QH14 on economic restructuring during 2016-2020 have been or are likely to be fulfilled in 2020, according to the Government’s report presented to the legislature’s ongoing session.