Credit growth in Q1 2022 hits high level Business

Credit growth in Q1 2022 hits high level

Credit growth of credit institutions was quite positive at 5.04 percent at the end of the first quarter of this year, much higher than the 2.16 percent rise in the same period last year, the State Bank of Vietnam (SBV)’s Deputy Governor Dao Minh Tu said at the Government’s regular press conference in March.
Inflationary pressure still present: GSO official Business

Inflationary pressure still present: GSO official

The average consumer price index (CPI) in the first four months of this year inched up 0.89 percent from the same period last year, the lowest rise for the first four months of a year since 2016 and clearing the way for the country to achieve its goal of keeping inflation at below 4 percent for the year as a whole, according to an official from the General Statistics Office (GSO).
Inflationary pressure still present: GSO official Business

Inflationary pressure still present: GSO official

The average consumer price index (CPI) in the first four months of this year inched up 0.89 percent from the same period last year, the lowest rise for the first four months of a year since 2016 and clearing the way for the country to achieve its goal of keeping inflation at below 4 percent for the year as a whole, according to an official from the General Statistics Office (GSO).
Inflation control needs due attention Business

Inflation control needs due attention

Although many forecasts said that inflation would be controlled at less than 4 percent this year, economists recommended it was still important to pay attention to inflationary pressures.
Low CPI growth facilitates inflation control: Deputy PM Business

Low CPI growth facilitates inflation control: Deputy PM

A CPI rise at three-year low during the first half of 2019 has greatly helped stabilise the macro-economy, promote economic growth and leave much room for inflation control for the remaining of the year, according to Deputy Prime Minister Vuong Dinh Hue.
Deputy PM lays out measures to curb CPI at 3.3-3.9 percent Business

Deputy PM lays out measures to curb CPI at 3.3-3.9 percent

Deputy Prime Minister Vuong Dinh Hue required ministries, sectors and localities to control the consumer price index (CPI) between 3.3-3.9 percent in 2019 while chairing a conference of the National Steering Committee on Price Management in Hanoi on January 17.
Fuel prices set to put pressure on inflation Business

Fuel prices set to put pressure on inflation

Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide, according to the Vietnam Institute For Economic and Policy Research (VEPR).
2017- successful year in inflation control: GSO Business

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 percent over 2016 and 2.6 percent compared to December 2016, fulfilling the target of keeping the rate under 4 percent for the whole year, said Director of the General Statistics Office (GSO) Nguyen Bich Lam.