Pressure on price level remains, it is necessary to be proactive and flexible in management plans

Pressure on price level remains, it is necessary to be proactive and flexible in management plans

VCN - To carry out the set tasks, the Ministry of Finance said that price management in 2024 needs to ensure good control of inflation, while continuing to removing difficulties for production and business and people's lives.
Inflation to decrease this year

Inflation to decrease this year

VCN - This information was given at the workshop ‘Price, Market Development in Vietnam in 2022 and forecasts for 2023’ held on Tuesday January 4.
Lending interest rates are under increasing pressure

Lending interest rates are under increasing pressure

Banks have continued to increase the highest deposit interest rate up to 1%/year.
Pressure to increase the exchange rate, will the State Bank take action?

Pressure to increase the exchange rate, will the State Bank take action?

VCN - Pham Chi Quang, Deputy Director General in charge of the Monetary Policy Department, State Bank of Vietnam (SBV), said that the agency will increase the frequency of selling foreign currency interventions.
Inflationary pressure to begin from early 2022

Inflationary pressure to begin from early 2022

VCN – Inflationary pressure may begin from early 2022. This was stated at a conference on market developments and prices in 2021 and forecasts for 2022 held on the morning of November 4, 2021.
2022: prudent, flexible and active in price management

2022: prudent, flexible and active in price management

VCN - The expected inflation rate of 1.9% in 2021 will help reduce pressure for 2022 when many factors are putting pressure on inflation control and price management. However, price management and inflation control in 2022 will be done cautiously, flexibl
Pressure mounts to control inflation in 2020

Pressure mounts to control inflation in 2020

Managing prices and inflation would be more complex and difficult this year
Vietnamese currency under bigger pressure in 2020

Vietnamese currency under bigger pressure in 2020

After being relatively stable last year the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds
Aviation market: More flights put pressure oninfrastructure

Aviation market: More flights put pressure oninfrastructure

VCN - ​Vietnam's aviation sector growth used to stand at4 percent a year, but this rate has increased to 20 percent per year. Such ahigh growth rate puts pressure on transport infrastructure.
Reduce recurrent expenditure: despite positive results, pressure is not over

Reduce recurrent expenditure: despite positive results, pressure is not over

VCN- According to the latest report by the Ministry of Finance, in the first nine months of 2019, total state budget expenditure reached 63.1% of the estimate, of which regular spending reached 73.4%.
Pressure to raise capital to get "priority" on credit

Pressure to raise capital to get "priority" on credit

VCN – Raising capital is an urgent demand of many commercial banks nowadays. One of the reasons for this "race" is to meet Basel II standards
Increasing pressure on interest rates

Increasing pressure on interest rates

VCN- The short-term of interest rates in dollar fluctuate around 2.8-4.7% per year, the interest rates in USD deposits are kept at 0%. Raising the attractiveness of VND holdings and reducing dollarization in the economy, VND deposit rates are usually high
The Resolution No. 19-2018: Pressure must be always hot to boost action

The Resolution No. 19-2018: Pressure must be always hot to boost action

VCN- According to Dr. Nguyen Dinh Cung, Director of the Central Institute for Economic Management, member of the Prime Minister's Economic Advisory Group, the Resolution 19-2018/NQ-CP sets more ambitious goals, creating pressure on ministries, sectors and
Banks face the pressure of raising capital

Banks face the pressure of raising capital

VCN- The State Bank of Vietnam (SBV) decided to decrease the VND short-term lending rate by 0.5%.
Gradually decreasing pressures on interest rate increases

Gradually decreasing pressures on interest rate increases

VCN – Although some banks sometime slightly increased their deposit interest rates, but in general, the banking system still remains the minimum stability for interest rates, well supporting the economy.
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