Tags: inflation

2017- successful year in inflation control: GSO

2017- successful year in inflation control: GSO

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.

PM Phuc: GDP growth of 6.7% within reach

PM Phuc: GDP growth of 6.7% within reach

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.

Ministries told to keep inflation below 4%

Ministries told to keep inflation below 4%

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 hikes to stay ahead of inflation in 2017, 2018: survey

Salary hikes to stay ahead of inflation in 2017, 2018: survey

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.

Vietnam manufacturing solidly expands in July

Vietnam manufacturing solidly expands in July

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.

Credit growth reported at 9.06% in six months

Credit growth reported at 9.06% in six months

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.

Inflation forecast to hit 2.6 percent this year

Inflation forecast to hit 2.6 percent this year

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.

Vietnam's inflation under control

Vietnam's inflation under control

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.

Rosy 2017 VN economic outlook: experts

Rosy 2017 VN economic outlook: experts

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.