Myriad of risks put pressure on inflation intentions

Myriad of risks put pressure on inflation intentions

A continued surge in fuel prices globally, an increase in electricity, and a rebound in consumption are expected to put pressure on Vietnam’s efforts to control inflation this year.
ADB sets moderate 2023 growth outlook for Vietnam

ADB sets moderate 2023 growth outlook for Vietnam

Vietnam’s economy is expected to grow by 6.5 per cent this year and expand to 6.8 per cent in 2024, according to the Asian Development Bank (ADB).
Focused spending can set a solid base for positive outcome

Focused spending can set a solid base for positive outcome

The GDP objective in 2023 is 6.5 per cent, and inflation below 4.5 per cent, given that the global economy will continue to fluctuate with the threat of a national recession.
Careful action required to curb inflation threat

Careful action required to curb inflation threat

Monetary experts are still mulling over whether Vietnam should soften or tighten policies to best suit current development circumstances.
Taking a five-step approach towards decarbonisation

Taking a five-step approach towards decarbonisation

Companies are facing geopolitical upheavals, supply chain disruption, inflation, and the threat of recession. Despite this perfect storm, their commitment to decarbonisation has not fundamentally wavered. The number of companies embracing science-based targets is continuing to grow at a rapid pace.
Inflation threat with rising power costs

Inflation threat with rising power costs

Maintaining control over power prices exerts significant pressure on the electrical business, but rising electricity prices may expose the economy to the hazards of inflation.
Singapore’s core inflation up 5.5 per cent in January

Singapore’s core inflation up 5.5 per cent in January

Singapore's core inflation rose to 5.5 per cent year-on-year in January, the highest since November 2008, according to a press release by the Ministry of Trade and Industry (MTI) on February 23.
Optimism abounds for more positive scenarios in macroeconomic forecasts

Optimism abounds for more positive scenarios in macroeconomic forecasts

In 20 reports from major investment banks in the world on 2023’s outlook, inflation and recession were mentioned with high frequency. However, investment opportunities in Vietnam may still appear in the first quarter.
US Fed unveils smaller rate hike but signals inflation fight not over

US Fed unveils smaller rate hike but signals inflation fight not over

America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive campaign to rein in costs as inflation cools while signaling the battle is not yet over.
The implications of global uncertainty

The implications of global uncertainty

Global inflation rose sharply in 2022 – in the second half of the year, median global headline inflation reached over 9 per cent, its highest level since 1994. Soaring inflation reflected a combination of supply and demand factors. On the demand side, the acceleration of growth during the initial rebound from the 2020 global recession, as well as the lagged effects of earlier macroeconomic support, contributed to persistent price pressures.
Vietnam's trade surplus with Americas exceeds $100 billion

Vietnam's trade surplus with Americas exceeds $100 billion

For the first time ever, the trade surplus with the Americas has surpassed $100 billion.
Limited inflation pressures underpin positive projections

Limited inflation pressures underpin positive projections

Vietnam has made a go of bringing inflation under control in 2022 thanks to the government’s great efforts to rein in market prices, with praise from various international organisations.
2023 faces many inflationary pressures

2023 faces many inflationary pressures

In 2023, inflation risks and pressures will remain strong despite the economy's twin successes in 2022: high GDP growth and low inflation.
Vietnam Economic Forum 2022 identifies challenges and solutions for growth

Vietnam Economic Forum 2022 identifies challenges and solutions for growth

The 5th Vietnam Economic Forum, one of the most prestigious and large-scale annual forums in the country, attracted the participation of many domestic and international delegates.
Zara owner's profits rise despite inflation

Zara owner's profits rise despite inflation

Zara owner Inditex reported Wednesday a jump in profits in the third quarter of its fiscal year despite soaring inflation and the war in Ukraine impacting business costs.
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