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Update news inflation control
Despite suffering a slowdown in production and business activities as a result of the impact caused by the novel coronavirus (COVID-19) pandemic, the Vietnamese economy enjoyed positive annual growth of 2.91% in 2020, according to economic experts.
VietNamNet Bridge – The government has proposed major solutions for realising major socio-economic targets for 2014, aiming to achieve a GDP growth rate of 5.8% and keeping inflation at 7%.
VietNamNet Bridge – More capital will be pumped into the economy in the rest of this year, as the State Bank of Vietnam said it would seek to loosen both budgetary and monetary policies to outcast the gloomy cloud over the local economy.
VietNamNet Bridge – Prime Minister Nguyen Tan Dung has emphasised the need to intensify macroeconomic stabilization measures with a particular focus on keeping inflation in check.
VietNamNet Bridge – The National Financial Supervisory Commission said on Monday that price management policies are the key factor for curbing inflation this year