VietNamNet Bridge – Small merchants have been sitting idle, while manufacturers have to scale down the production, saying that they have never seen such a low purchasing power before.

Despite the low CPI increases over the last several consecutive months, the government of Vietnam does not intend to hurriedly loosen the monetary policy for the fear about the high inflation.

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Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.

Airlines have to reduce the airfare continuously, while road passenger carriers have scaled down their business or sell coaches to pay debts.

VietNamNet Bridge – Though the consumption level has been increasing rapidly, having reached 3 billion liters per annum, Vietnam still has 10 percent of output in excess.

The State Bank of Vietnam (SBV) has been warned against the hastiness in regulating the money policy. Vietnam would have to pay a heavy price for the decision to slash interest rates at unreasonable moments.

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VietNamNet Bridge – The economy showed positive signs in the first quarter of this year, the National Assembly Standing Committee was told yesterday. It was also told that GDP growth hit 4.89 per cent, up from 4.75 percent

The Vietnamese market is large enough to receive more food producers, especially dairy producers. In crisis, people have to cut the budget on traveling and entertainment, but they still have to spend money on food.

It’s still too early to say Aneuser-Busch Inbev (AB Inbev) would be a big threat to the existing brewery manufacturers in Vietnam. Three big guys in the field once had to leave the Vietnamese market.

Vietcombank, one of the biggest commercial banks in Vietnam, has pioneered in slashing the deposit interest rate to 6 percent per annum. Other banks have unanimously reduced the lending interest rates.

The economic development model which relies much on the investment capital increase is believed to be the “culprit” that causes the high public debt.

VietNamNet Bridge – The demand for essential and consumer goods has slowed as local buyers are trying to make ends meet with their meager incomes, and this is the main reason for the low growth

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It’s foreseeable that the consumer price index (CPI) only increases very slightly in April, though the General Statistics Office will only release the CPI report later this month.

The national economy remains very pale, while businesses have died like flies. Meanwhile, the government is still busy with particular calculation when mapping out the solutions to rescue businesses.

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Sharing the same business premises with others, relocating the offices to the suburbs, laying off workers and cutting down all possible expenses are the things most businessmen are doing to save every dong to survive the current difficult period.