VN's GDP to grow by 5.5-6%, risk and inflation on the rise

Việt Nam's GDP was forecast to grow by 5.5-6 per cent this year, albeit with significant risks and inflation in the range of 4-4.5 per cent in 2022 and likely over 5 per cent in 2023, said economists and policymakers during an economic forum organised by the Ministry of Planning and Investment in Hà Nội yesterday. 

Responsibilities for handling voters’ petitions need to be further clarified: NA Chairman

National Assembly (NA) Chairman Vương Đình Huệ on Wednesday emphasised the need to evaluate the responsibilities of each agency of the NA, Government and ministries in studying and handling voters' petitions.

Growth present across all sectors in the past four months Prime Minister Phạm Minh Chính on Friday chaired April's regular Cabinet meeting, which discussed the socio-economic development progress over the past four months and set out the goals for the future.

Keeping inflation below 4% will be a challenge: NEU

While Vietnamese economists forecast higher economic growth and inflation for Việt Nam this year, IMF forecast the two at lower rates at a conference in Hà Nội on Monday.  

Việt Nam’s economic growth driven by good recovery of sectors: WB Việt Nam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Việt Nam Macro Monitoring report recently released by the World Bank.

Inflation storm forecast this year

Analysts said inflation has hit many economies around the world, with the situation going from bad to worse, and Việt Nam is no exception with an inflation storm expected in the near future.

Vietnamese economy expands 5.03 per cent in Q1

The Vietnamese economy expanded at 5.03 per cent in the first quarter of this year, the General Statistics Office said on Tuesday.

Regional minimum wage increase to be considered

The Việt Nam General Confederation of Labour (VGCL) has proposed the National Wages Council adjust the regional minimum wage to meet workers’ and the labour market’s demand.

Expert suggests tax reduction to cool down gasoline price

Việt Nam's prospects for economic recovery and macro stability in 2022 are under some pressure due to the Russia-Ukraine military conflict. Nguyễn Đức Độ, deputy director of the Institute of Economics – Finance, talks to Đầu tư & Tài chính (Investment and Finance) online newspaper around this issue.

Price control of key commodities a top priority for central government

The central government views price controls of key commodities, such as petrol, steel, concrete, transport, livestock feed, food and medical equipment, as a top priority, said deputy Prime Minister Lê Minh Khái in a meeting with ministries and local authorities on Monday.