Update news inflation

Quarter 1 sees good signs in national economy

 VietNamNet Bridge – Positive growth was seen across the board in the first quarter of 2014, laying the foundation for the country to achieve its development goals this year,

HSBC: Low inflation a concern

 VietNamNet Bridge – HSBC Bank in a report released on Tuesday expressed concerns over the low consumer price index (CPI) in Vietnam this month, suggesting that economic activity continues to be dragged down by weak consumer confidence.

VN inflation could rise to 8%: ANZ

 VietNamNet Bridge – Viet Nam's average inflation this year will rise to 7.5-8 per cent, said the Australia and New Zealand Banking Group Limited, commonly called ANZ, in its latest monthly report.

Manufacturing index rebounds

 VietNamNet Bridge – Growth in the Vietnamese manufacturing sector gathered momentum at the start of 2014, highlighted by the strongest rise in output since April 2011, and the fastest rise in purchasing activity in the survey’s history.

Fall in eurozone inflation rate fuels deflation concerns

 Calls for European Central Bank action to help protect the eurozone's fragile recovery have grown after the release of inflation and jobless data.


 Danang inks Thai agreement; FTA promotes Vietnam-Chile agricultural trade; Toshiba eyes Vietnam’s smart grid investment; Da Nang attracts US$295 million in FDI; VNDirect joins hands with Singapore firm

Gold market has tough 2013

 VietNamNet Bridge – The local gold market has seen strong fluctuations in 2013 given the strong price decline on the world market and new policies on gold market management released by the central bank.

HSBC: Vietnam’s exports to advance in 2014

 VietNamNet Bridge – HSBC Bank in a report recently released said that improved demand from the European Union (EU) and the U.S. will lift Vietnam’s exports in 2014.

ECB on "wait and see" mode: economists

 The European Central Bank (ECB)'s decision to leave interest rates on hold but to step up the verbal tone put it on "wait and see" mode, economists said Thursday.

GDP per capita nears US$1,900

 VietNamNet Bridge – Vietnam’s gross domestic product per capita has reached US$1,890, or a tad lower than US$1,960 estimated by Prime Minister Nguyen Tan Dung at the recent Vietnam Development Partner Forum.

Vietnam’s banks forecast 2014 inflation below 7% in 2014

Results of a recent survey by the State Bank of Vietnamshow that domestic credit institutions expected that inflation in 2014 will be around 6.74 percent and in December CPI will increase about 0.62%.

Forex rate adjustment likely for early 2014

VietNamNet Bridge – The foreign exchange rate between the Vietnamese dong and US dollar is likely to be increased by one percentage point in early 2014, according to the Business Times.


 Bailout disbursed in dribs and drabs into real estate; SBV puts forward plan to increase lending given low credit growth; Vietnam Airlines to sell 2.7pct stake in Techcombank; Gov’t asked to contain inflation to attract more investors

PM calls for more efforts to rein in inflation

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung has called on ministries, sectors and localities to continue strongly applying measures to stabilise the macro-economy and rein in inflation.

Vietnam’s inflation rate may exceed the 8% threshold in 2013

The consumer price index (CPI), after increasing by 0.83 percent in August, soared by another 1.06 percent in September. Analysts have warned the inflation rate in 2013 may go beyond 8 percent.

Vietnam pursues cautious, flexible monetary policy

VietNamNet Bridge – The government has pursued a cautious but flexible monetary policy over the past three years against the background that the global economy was recovering slowly and domestic inflation soared to 13.29% in the first half of 2011,

Vietnam suffers the dull “inflation ache”

 VietNamNet Bridge – Though the consumer price index (CPI) decreased in some of the last months, Vietnam has never escaped from the inflation ache.

Inflation woes hit poor migrants hardest

 VietNamNet Bridge – It is 8pm in a poor hamlet on the outskirts of Ha Noi. Inside a very small house, Nguyen Thi Tinh hurriedly prepares dinner for her family.

PM: More efforts needed to meet targets

VietNamNet Bridge – Prime Minister Nguyen Tan Dung has asked ministries, sectors and localities to stick to the set targets of stabilising the macro economy and keeping the inflation rate equal to that of last year at about 6.8 percent.

Is inflation control target within reach?

VietNamNet Bridge – The latest statistics show that Vietnam is on track to keep inflation under control. However, experts warn there is no room for complacency as market prices fluctuate in the second half of the year.