Inflation control targets easily met despite high raw material prices

Inflation control targets easily met despite high raw material prices

The Ministry of Finance affirmed that the high price of raw materials has not put great pressure on inflation control targets in 2021.
Aims to achieve price stabilization during the coming Lunar New Year

Aims to achieve price stabilization during the coming Lunar New Year

The Ministry of Finance issued Directive No. 02/CT-BTC on strengthening management and stabilizing prices during the Lunar New Year in 2022.
Keeping commodity prices stable, ensuring inflation control

Keeping commodity prices stable, ensuring inflation control

Deputy Prime Minister Le Minh Khai chaired a meeting of the Steering Committee on reviewing the evaluation of price management
Control the market to avoid taking advantage of the pandemic to increase prices unreasonably

Control the market to avoid taking advantage of the pandemic to increase prices unreasonably

Market surveillance forces strengthened market inspection and control contributing to preventing and controlling violations relating to prices in the market
Long-term and comprehensive solutions needed for price management

Long-term and comprehensive solutions needed for price management

VCN – Deputy Prime Minister Le Minh Khai has asked for closely monitoring the world economic developments and inflation in Vietnam to introduce comprehensive and long-term solutions for price management and macroeconomic stability.
Edit the Law on prices: Legalise price analysis and forecasting

Edit the Law on prices: Legalise price analysis and forecasting

The Ministry of Finance (MOF) proposed to amend the law on prices to create a specific legal corridor for the synthesis, analysis and forecast of the price
Shipping lines do not transparently list freight rates

Shipping lines do not transparently list freight rates

The Vietnam Maritime Administration has just reported to the Ministry of Transport the results of an interdisciplinary inspection team on shipping rates and surcharges
Unpredictable factors are all in the price management

Unpredictable factors are all in the price management

Although there are unpredictable developments that may affect inflation control, these are all factors in the operating scenario of the Government as well as the Price Management Steering Committee.
Continuing to manage prices, supporting the implementation of "dual goals"

Continuing to manage prices, supporting the implementation of "dual goals"

Deputy Prime Minister Le Minh Khai has just commented on the direction of managing prices in the remaining months of 2021.
Ministry to actively build price management scenarios

Ministry to actively build price management scenarios

The Ministry of Finance (MoF)'s Price Management Department will actively set up scenarios for managing prices of essential goods according to the market performance, but still ensuring inflation control as targeted, said director of the department Nguyen
Avoiding taking advantage of goods for profit when petroleum prices increase

Avoiding taking advantage of goods for profit when petroleum prices increase

Facing concerns that petroleum prices increases will lead to the situation of taking advantage for a number of goods, the Ministry of Finance affirmed that they won’t let this situation happen.
Price management faces new conditions amid pandemic

Price management faces new conditions amid pandemic

The COVID-19 pandemic has impacted economies and commodity markets globally, including Vietnam, and domestic prices will continue to fluctuate and be more closely linked to the fluctuations of raw material and fuel prices on the world market.
"Drawing" both difficulties and advantages to have the suitable price management scenario

"Drawing" both difficulties and advantages to have the suitable price management scenario

According to Director of Price Management Department, experience from successfully controlling inflation for five consecutive years will be a premise for Vietnam to continue to control inflation in 2021 and beyond
Control inflation on average below 4%

Control inflation on average below 4%

VCN- This fluctuation is expected to continue in the last six months. Reporting to the PM at the Price Steering Committee meeting in early July 2020, Deputy Minister of Finance Tran Xuan Ha said the market price is still under great pressure.
Ministry of Finance rectifies violations in valuation

Ministry of Finance rectifies violations in valuation

VCN –The Department of Price Management under the Ministry of Finance has issued a written request to enterprises to strictly comply with laws on technical aspects on valuations.
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