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inflation

Việt Nams inflation forecast to hit 4-4.5 per cent this year

Việt Nam's inflation forecast to hit 4-4.5 per cent this year

Experts predict Việt Nam''s inflation rate this year may reach 4 to 4.5 per cent, exceeding the 2023 rate due to sharp global increases in energy and food prices.
Central bank works to ensure macroeconomic stability, inflation control

Central bank works to ensure macroeconomic stability, inflation control

The State Bank of Vietnam (SBV) will manage interest rates in accordance with macroeconomic balance and inflation in the second half of 2024 to ensure macroeconomic stability and inflation control, an SBV official said on Tuesday.
Inflation target is achievable, wage increase expected not to have significant impact on prices

Inflation target is achievable, wage increase expected not to have significant impact on prices

The inflationary pressure is not significant in the second half of this year, Nguyễn Đức Độ, Deputy Director of the Institute of Economics and Finance said. The inflationary drivers in the first half of this year mainly came from the...
Ensure flexibility, proactivity in price management to control inflation

Ensure flexibility, proactivity in price management to control inflation

As Tết (Lunar New Year) holidays are coming near, Deputy PM Khái urges enhanced price management to ensure adequate supply of goods and services as well as stabilising prices.
Inflation stable, State-managed prices can be adjusted

Inflation stable, State-managed prices can be adjusted

If conditions allowed, prices of several goods and services under the State management could be adjusted following the roadmap at the appropriate points of time.
Viet Nam likely to keep inflation below 4.5% in 2023: Economists

Viet Nam likely to keep inflation below 4.5% in 2023: Economists

Deputy Director of the Price Management Department Pham Van Binh held that with the CPI growth rate as recorded in the first six months of 2023, there is a high hope to control inflation this year, enabling the flexible adjustments...
Inflation is on decreasing trend: GSO

Inflation is on decreasing trend: GSO

GSO director general Nguyen Thi Huong spoke to Vietnam News Agency about challenges to meeting the National Assembly''s inflation target of about 4.5 per cent.
Overcapacity contributed to low inflation rate last year

Overcapacity contributed to low inflation rate last year

Economist Nguyen Minh Phong forecasted that interest rates in Viet Nam would not fall until the second half of 2023. He also said keeping interest rates high might be a double-edged sword for the economy.
Wage hike needs to keep up with inflation control

Wage hike needs to keep up with inflation control

Viet Nam is set to increase the base wage from July 2023.
Policy rate hike unavoidable to curb exchange rate, inflation risks

Policy rate hike unavoidable to curb exchange rate, inflation risks

Though the State Bank of Viet Nam (SBV) has hiked interest rates twice in a month, experts agreed the SBV has no other choice but to take strong measures to curb upward pressure on the USD/VND exchange rate and inflation.
Rising inflation poses challenge to businesses

Rising inflation poses challenge to businesses

Vietnamese businesses are expected to face headwinds from inflation, tightening monetary policy and a growing cost-of-living crisis in many of the country’s export markets, experts have warned. 
State Bank rate hike necessary to defend VN dong, control inflation

State Bank rate hike necessary to defend VN dong, control inflation

ADB Country Director Andrew Jeffries spoke to Vietnam News Agency on this move in the context of the US'' Fed, ECB and a number of other central banks raising their rates to curb inflation.  
VN stocks could be in sweet spot as GDP growth surges, stronger growth forecast

VN stocks could be in sweet spot as GDP growth surges, stronger growth forecast

The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption.
Inflation in check due to favourable factors

Inflation in check due to favourable factors

Viet Nam’s inflation will be kept around 4 per cent in the second half of the year thanks to many favourable factors.
Companies hold cash as inflation strikes

Companies hold cash as inflation strikes

Companies which hold abundant cash have an advantage in the inflation hurdle and in a down-trending market.