Update news inflation

Fed policy change on the table but data dependent: Mester

A change in interest rates will be on the table at every meeting of the Federal Reserve, but the timing of any move will depend on how the economy performs,

VN sees growth opportunity in retail sector

VietNamNet Bridge – Viet Nam’s retail sector offers great potential for investors in the context of various free trade agreements and the Trans-Pacific Partnership the country has signed.

Vietnam seeking to build on 2015 success, reach 7% GDP growth rate

 VietNamNet Bridge – Luu Bich Ho, former director of the Development Strategy Institute under the Ministry of Planning and Investment, spoke to the newspaper Kinh te & Do thị about opportunities and challenges

Fed seen holding rates steady as it faces fine balancing act

 The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns about the health of the global economy with fresh signs that domestic inflation is starting to rear its head.

2015 budget deficit at 7% of GDP: report

 VietNamNet Bridge – Last year’s budget deficit reached an estimated 7% of nominal gross domestic product (GDP), the highest level since 2000, the Vietnam Institute for Economic and Policy Research (VEPR) said in a quarter-four report.

HSBC: Vietnam's 2016 GDP target feasible

 VietNamNet Bridge – The Government has set an economic growth target of 6.7 per cent for 2016, which HSBC, in its latest Vietnam at a Glance report, believes is feasible since export growth has rebounded to double digits reflecting new investment.

Gov’t figures out Top 9 key tasks for 2016

Deputy PM Nguyen Xuan Phuc on December 28 presented a Government’s draft Resolution on key tasks and measures guiding the realization of the Plan for socio-economic development and state budget estimate in 2016.

India's central bank employees strike over pensions

 Most of the Reserve Bank of India's (RBI) 17,000 employees went on strike on Thursday in what the central bank described as "mass casual leave".

Minimum wage may rise 12%

 VietNamNet Bridge – A 12 per cent increase in next year's national minimum wage would be "reasonable," a high-ranking congressman said yesterday, August 25.

Solving public debt much more difficult than inflation

Deputy governor of the State Bank of Vietnam Nguyen Thi Hong said at the Government’s media briefing in Hanoi last week that the central bank is weighing the Ministry of Finance’s proposal for a VND30 trillion loan

Ukraine conflict taking heavy toll on economy says IMF

 Ukraine's economy is likely to shrink by a worse-than-expected 9% in 2015, an International Monetary Fund (IMF) mission to the country has concluded.

WB chief economist’s assessment of VN’s economic performance

VietNamNet Bridge – The World Bank chief economist in Viet Nam, Sandeep Mahajan, has shared his views on the country’s socioeconomic performance in the first months of 2015 after the Government presented a socioeconomic report

Economy starts year ‘all guns blazing’

 VietNamNet Bridge – Vietnam's economy is starting the year ‘all guns blazing’ and may outperform last year’s growth, showing that the government's efforts to tame inflation and regain macroeconomic stability are sound and timely.

How Vietnam Is Putting Other ASEAN Countries on the Map

 VietNamNet Bridge – In the past 20 years, Vietnam has come out from the ravages of war to become as some prominent observers have called the "New Asian Tiger". It is emerging as a key economic and geo-strategic pillar of Southeast Asian stability.

Employers to decide on Tet bonuses after difficult year

 VietNamNet Bridge – Pham Minh Huan, deputy minister of Labour, Invalids and Social Affairs, spoke to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about Tet bonuses this year.

Russian annual inflation rate estimated to reach 9 pct by year end

Russia's annual inflation will near 9 percent by year end, Russian Economy Minister Alexei Ulyukayev said Monday.

Consumer confidence slightly softer in October

Vietnam Consumer Confidence has fallen slightly to 134.7 points (down 0.3% m/m) in October, according to latest report by ANZ-Roy Morgan.


 Foreign exchange rate remains unchanged, says SBV; HSBC: Vietnam’s PMI goes up in September; Garment exports to hit US$25 bln for 2014; Inflation holds steady in first nine months

OECD sees global economy held back by slow eurozone

 A slow recovery among nations using the euro is holding back the global economy, the Organisation for Economic Co-operation and Development has said.

Experts: Inflation target obtainable this year

VietNamNet Bridge – Local experts have more grounds to believe that the Government’s target of curbing inflation at 6-7% this year is achievable given a slight consumer price index rise this month as announced by the General Statistics Office