Tags: inflation

Vietnam successfully keeps inflation under 5% target

Vietnam successfully keeps inflation under 5% target

GSO General Director Nguyen Bich Lam said 2016 was a successful year in controlling inflation amidst rebounding prices of some essential goods, as the CPI in December increased by 4.74% from a year earlier, lower than the 5% target set by the National Assembly.

PM assigns socio-economic targets to ministries

PM assigns socio-economic targets to ministries

The Prime Minister has assigned specific socio-economic targets in 2017 to five ministries, with the Ministry of Planning and Investment tasked to strive for a 6.7% GDP growth and a 4% inflation.

11-month CPI climbs 2.47%

11-month CPI climbs 2.47%

The consumer price index (CPI) in the past 11 months of 2016 posted a year-on-year increase of 2.47%, the General Statistics Office (GSO) announced on November 28.

PM: more efforts needed to fulfill 2016 socio-economic tasks

PM: more efforts needed to fulfill 2016 socio-economic tasks

Prime Minister Nguyen Xuan Phuc has urged ministries, sectors and localities to take more drastic measures to enhance the management in the remaining months of the year in order to realise socio-economic development targets in 2016.

CPI up 2.27% in January-October

CPI up 2.27% in January-October

The consumer price index (CPI) in the first 10 months of 2016 registered a year-on-year increase of 2.27%, the General Statistics Office (GSO) announced on October 28.

Top legislator calls for breakthrough measures to achieve set targets

Top legislator calls for breakthrough measures to achieve set targets

National Assembly Chairwoman Nguyen Thi Kim Ngan said high resolve and drastic and breakthrough measures are needed to achieve socio-economic development targets and create a momentum for following years in the context of numerous difficulties and challenges facing the country.

Revise GDP goal despite Q3 bump: experts

Revise GDP goal despite Q3 bump: experts

Economic growth this year would climb up to 6% on the back of recovery signs shown in the third quarter, falling short of the 6.7% target set by the Government.

Investors eye software park projects

Investors eye software park projects

Many investors are rushing to develop software park projects in Hanoi. Experts, warning about ‘software park inflation’, say that investors have ‘other purposes’ when eyeing such projects.

Cap of 5% inflation in new economic plan

Cap of 5% inflation in new economic plan

The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy.

Retail sales losing momentum

Retail sales losing momentum

The total revenue from retail trade and services hit US$89.6 billion during the first seven months of this year, up 9.4% year-on-year, according to the General Statistics Office (GSO).

BIDV calls for specialist bad debt unit

BIDV calls for specialist bad debt unit

Banking analysts from the Bank for Investment and Development of Vietnam (BIDV) have proposed several measures to better manage Vietnam’s public debt, which is viewed as a mounting problem for economic-planners.

Inflation must be kept under five percent, demands Deputy PM

Inflation must be kept under five percent, demands Deputy PM

Deputy Prime Minister Vuong Dinh Hue has affirmed the Government’s resolve to keep inflation at between 4-5 percent for the whole year following consecutive consumer price index (CPI) increases in the period from January to May.