Ministry forecasts CPI to grow 3.2-3.6% this year

Ministry forecasts CPI to grow 3.2-3.6% this year

Vietnam’s consumer price index (CPI) is projected to grow between 3.2% and 3.6% this year, the Ministry of Finance said at a meeting of the Steering Committee on Price Management in Hanoi on October 11.
Keeping inflation below 4% is very difficult

Keeping inflation below 4% is very difficult

According to economist Vu Vinh Phu (photo), keeping inflation below 4% in 2022 is very difficult. Therefore, solutions related to energy, raw materials and supply chains are the most important right now.
The impact of gasoline prices has been calculated and forecasted since the beginning of the year

The impact of gasoline prices has been calculated and forecasted since the beginning of the year

Facing the rise of gasoline prices, price management is being actively and flexibly implemented by the authorities to avoid putting pressure on the economy as well as people's lives.
Gasoline price increase of 10% causes GDP to decrease by 0.5%, CPI to increase by 0.36%

Gasoline price increase of 10% causes GDP to decrease by 0.5%, CPI to increase by 0.36%

The domestic gasoline price is adjusted to increase for the 4th consecutive time which is inevitable when the rise of the world petroleum market directly affects the retail price of gasoline in the country.
Control “strictly” smuggled pork and trade fraud

Control “strictly” smuggled pork and trade fraud

The Deputy Prime Minister Vuong Dinh Hue – Director of Steering Committee for prices, directed the Ministries, Sectors and localities to implement measures for stabilizing the pork market.
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