The year of 2017 is considered a successful year in inflation control, as the average CPI increased 3.53% over 2016 and 2.6% compared to December 2016, fulfilling the target of keeping the rate under 4% for the whole year, said Director of the General Statistics Office (GSO) Nguyen Bich Lam.
VOV.VN - Deputy Prime Minister Vuong Dinh Hue on December 27 chaired a year-end meeting on price management in 2017 and solutions to curb inflation under 4% next year.
The inflation rate continued to rise in the month of November as a result of the increasing prices of fuel and tobacco products.
VOV.VN - Prime Minister Nguyen Xuan Phuc has affirmed that GDP growth rate during the nine-month period reached 6.41% and the figure is estimated at 6.7% for the whole year.
Vietnam’s consumer price index (CPI) in September rose 0.59%, the highest level in 10 months except for August due to increasing tuition fees.
VOV.VN - Deputy Prime Minister Vuong Dinh Hue has underlined the importance of holding the inflation rate below 4% to help reduce costs for businesses towards achieving the targeted economic growth of 6.7% this year.
Salary increases this year at both multinationals and major local companies have in general been higher than inflation rates, a survey by Mercer, a global provider of human resource services, and Talentnet Corporation, its associate in Vietnam, has found.
VOV.VN - The manufacturing sector in Vietnam expanded in July, according to the latest survey from Nikkei published on Tuesday, August 1, with a manufacturing PMI score of 51.7.
Vietnam posted a credit growth rate of 9.06% as of June 30 compared to the end of last year, which did not pressure interest rates, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said on July 21.
It will be difficult to curb inflation if unreasonable measures are used to reach a GDP growth rate of 6.7% and low inflation rate of 4% in 2017.
Keeping average inflation below 4 percent is achievable this year, said Deputy Prime Minister Vuong Dinh Hue during a meeting of the Steering Committee on Price Management last weekend.
Market research firm MarketIntello has forecast that Vietnam’s inflation may fall to below 3%, lower than the rate of 3.8% it predicted last month.
Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission (NFSC) reported on June 12.
Moody's said on April 28 it has affirmed the Vietnamese government's B1 issuer and senior unsecured debt ratings and revised the outlook to positive from stable.
VOV.VN - The Consumer Price Index (CPI) of April remained unchanged against last month and was 4.3% more than last year's same period.
VOV.VN - Vietnam economic growth has moderated in 2016 to 6.2%, accompanied by moderate inflation and a strengthening external position.
The State Bank of Vietnam (SBV)’s continuation of a prudent monetary policy is a reason for the slight year-on-year decrease of the core inflation in the first quarter of 2017.
Bloomberg's Misery Index of inflation and unemployment has found that many Asian economies are in a relatively good place.
The State Bank of Vietnam revealed recently that it would continue to keep bank lending interest rates unchanged from last year’s levels.
Vietnam will achieve its 2017 goal of 6.7% growth in gross domestic product (GDP), higher than 6.21% in 2016, due to the efficiency of its reforms, say experts.