Posts Tagged ‘ Digit Inflation ’

Single-digit inflation target feasible, says ADB exec 

January 9, 2012
Single-digit inflation target feasible, says ADB exec 

    Street vendors ply their goods in downtown Ho Chi Minh City. The Asian Development Bank has lowered Vietnam’s economic growth forecast in 2012 to 6.3 percent from 6.5 percent forecast last September. With the world economy remaining mired in difficulty, the Asian Development Bank forecasts a difficult year ahead for Vietnam. However, it [...]

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Vietnam to see double-digit inflation: official 

December 7, 2010
Vietnam to see double-digit inflation: official 

  As the prices of consumer goods continue to spike, Deputy Minister of Industry and Trade Ho Thi Kim Thoa recently announced that Vietnam may see double-digit inflation this year. “It is very difficult to keep consumer price index (CPI) through the year in single digits as initially planned. CPI reached 9.58 percent during the [...]

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Vietnam aims for single-digit inflation: official 

November 9, 2010
Vietnam aims for single-digit inflation: official 

Consumer prices by the end of October rose 7.58 percent over last December Vietnam’s government has reaffirmed that it will take strong measures to keep inflation below 10 percent this year, a senior official said. By the end of October, consumer prices had risen 7.58 percent over last December, and there is now pressure to achieve the original inflation [...]

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Vietnam central bank has no plans to devalue dong

May 21, 2009
Vietnam central bank has no plans to devalue dong

Tellers count dong notes at a bank in Hanoi. The State Bank of Vietnam said there is no plan to devalue the dong or change the benchmark v interest rate. There is no plan to devalue the dong or change the benchmark interest rate, the central bank governor said. Australia & New Zealand Banking Group [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...