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Inflation pressure weighs on Vietnam in final months

Inflation pressure weighs on Vietnam in final months

Although full-year inflation will probably be contained at less than 4%, the average consumer price index (CPI) in the first nine months of 2018 was already 3.57%, putting the efforts to curb inflation in the remainder of the year under even greater pressure.

Credit growth must be controlled: experts

Credit growth must be controlled: experts

Authorities need to closely control the rapid increase in Vietnam’s credit-to-GDP gap so as not to cause high inflation as in the past, experts have warned.

Fuel prices set to put pressure on inflation

Fuel prices set to put pressure on inflation

Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide, according to the Vietnam Institute For Economic and Policy Research (VEPR).

Inflation under control: Deputy PM

Inflation under control: Deputy PM

Despite complicated changes in the world situation, Vietnam has shown strong performance in stabilizing prices and reining in inflation, keeping the average at only 3.57 percent in the first nine months over 2017.

Vietnam witnesses robust socio-economic development in 7 months

Vietnam witnesses robust socio-economic development in 7 months

Vietnam has recorded robust socio-economic development in the first seven months of the year, with stable macro-economy, and good control over inflation, in the context of the escalating US-China trade war, said Minister-Chairman of the Government’s Office Mai Tien Dung.

PM affirms resolve to control inflation amid big pressure on CPI

PM affirms resolve to control inflation amid big pressure on CPI

Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.

No big changes in market prices in H2: price management agency

No big changes in market prices in H2: price management agency

There will be no big changes in market prices in the remaining months of this year, price management officials said at a conference on market price developments in the first half and forecasts for the whole year in Hanoi on July 3.

June’s CPI records highest rise in six years

June’s CPI records highest rise in six years

Vietnam’s consumer price index (CPI) in June expanded by 0.61% over May, the highest pace over the past six years, the General Statistics Office (GSO) announced on June 29.

Positive outlook forecast for Vietnam’s economy in 2018

Positive outlook forecast for Vietnam’s economy in 2018

The outlook for Vietnam’s economic growth in 2018 is quite bright thanks to positive economic performance in the first quarter, said Tran Quoc Phuong, Director of the Ministry of Planning and Investment's National Economic Issues Department.

Petrol, oil prices slightly decrease

Petrol, oil prices slightly decrease

Prices of oil and petrol slightly dropped by 300 VND per litre following the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance on June 22.
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