Vietnam’s National Financial Supervisory Commission (NFSC) has recently announced its latest report on “Vietnam Economic Outlook in 2012-2013″, which mainly refers to developments of inflation in the country. According to NFSC, in the period from 2006 to present, Vietnam’s inflation has always stayed at 2-digit levels (except 2009) with an average increase of 11.5% per [...]
The direct cause of the country’s inflation is the imbalance of money – goods. Once the money supply exceeds the goods supply, inflation is likely to occur. The evidence is that the total money supply has always increased higher than the country’s GDP (gross domestic product) growth rate since 2007 so far, Do Thuc, director [...]
Vietnam targets to curb inflation at 9% in 2012, Prime Minister Nguyen Tan Dung said on December 22, 2011. Controlling inflation, stabilizing the macro economy are Vietnam’s top priorities in 2012, PM added. The Government also aims to reach Gross Domestic Product (GDP) growth from 6-6.5%, export turnovers rise of 13%, state budget deficit of [...]
Vietnam 2011 inflation comes out at 18.12% after recording 0.53% increase in December CPI, the state-run newspaper Nguoi Lao Dong (laborers) reported Dec 22 quoting the Minister of Planning and Investment, Bui Quang Vinh. The information was released at a meeting between government and provinces on 2012 socio-economic development tasks and state budget. In 2011, [...]
Vietnam likely control inflation at 9% in 2012, the Prime Minister Nguyen Tan Dung said at the Consultative Group (CG) meeting, adding that in 2012, Vietnam will continue implementing the key contents of Resolution 11 and restructuring the economy. The country’s tightening monetary and fiscal policy in 2011 helped to curb inflation, prices of many [...]
Vietnam’s inflation in Jan-Nov is estimated to be 17.5% and it maybe 18% for the whole year. Credit growth is now at over 10%, of which, bad debts accounted for 3.3% of the total loans. CPI in November up 0.39% month on month As reported by the General Statistics Office (GSO), Vietnam’s CPI in November [...]
The inflation rate will still be in the double-digits, keeping it among the highest in the Pacific – East Asia region, a recent report by the World Bank has said. In its East Asia and Pacific Economic Update, the WB said Vietnam’s inflation rate was expected to be 19 percent this year, before dropping to [...]
In its report on Vietnam’s economic performance in 2011 and outlook in 2012 announced on November 17, Standard Chartered has forecast Vietnam’s inflation in 2012 at 11.3% and it will fall to 8% in 2013. Standard Chartered said that in comparison with the same period last year, Vietnam’s inflation is gradually decreasing and expected to [...]
Inflation still remains the biggest macroeconomic challenge for Vietnam in the next year as it is affecting acceleration the reform program, Paul Gruenwald, ANZ chief economist for the Asia Pacific, said at the conference on updating global economic situation and Vietnam’s macroeconomics held on November 16 in Hanoi. Paul said: “We forecast Vietnam’s inflation will [...]
The price of goods in the capital city of Hanoi over the Tet holidays would increase by less than 1 per cent, forecast deputy head of Hanoi ‘s Industry and Trade Department Nguyen Van Dong at a press conference on Nov. 15. “The price increase at Tet is unavoidable. To limit this, city authorities and [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
