Inflation

Inflation forecast hitting single numbers

HCM CITY — Inflation reduced to 10.5 percent year-on-year in April from 14.1 percent in March, along with a monthly report from HSBC needs headline inflation to fall to some single-digit level by May.The speed had peaked at 23 percent last August."Headline inflation rose minimal previously 3 years, with prices in April rising by only .05 month-on-month versus .2 percent in April," the report states."With demand much more subdued than … formerly expected, inflationary demands should ease much more

Party Politburo gives development guidance

HN — The Party Politburo met yesterday in Ha Noi to go over the socio-economy within the first four several weeks of the season and also to set goals for that remaining several weeks.The big event was chaired by Party General Secretary Nguyen Phu Trong.Minister of Planning and Investment Bui Quang Vinh reported that economic progress have been made toward established targets. Measures to manage inflation and stabilise the macro-economy ongoing to prove effective, the report stated.The customer cost index

Rising inflation, rates of interest place their toll on Vietnamese businesses

Dr Tran Dinh Thien, director from the Viet Nam Institute of Financial aspects, spoke to Thoi bao Kinh te Sai gon (Sai gon Financial aspects Occasions) about why a lot of companies are closing.The very first quarter of the year saw a decrease in the customer cost index (CPI) and also the import index. Yet consumption energy rejected alongside sluggish production. What exactly are your ideas about this?High inflation has brought to high rates of interest on the prolonged period, destabilising the

VN, Indonesia hold talks on fiscal management

A delegation of senior officials from the Finance Ministry headed by Deputy Minister Tran Xuan Hieu are currently on a visit to Indonesia from Mar. 15.

IMF urges independent central bank establishment

HANOI – Vietnam needs to set up an independent central bank to deploy the monetary policy with the basic objectives to stabilize prices and curb inflation, said experts of the International Monetary Fund (IMF).

India inflation accelerates to near 7%

India's headline inflation accelerated unexpectedly to nearly seven percent last month, data showed Wednesday, dimming hopes of an early interest rate cut to offset slowing economic growth

Taxpayers blast income tax law amendment

The raising of the income tax threshold may not be good news when taxpayers have to wait for as long as two years to enjoy the change

March CPI to rise 1 percent: Ban Viet Securities

The direct impact on CPI from the recent gasoline hike is about 0.37 percent

Budget spending to be cut to support ailing monetary policies

If deficit budget spending persists while tightened monetary policies continue to be deployed this year, the economy may stall

VN’s growth to be lower than target

Vietnam’s gross domestic product this year may be lower than the 6 percent -6.5 percent targeted by the Government, Ernst & Young said in its latest report on rapid-growth markets

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Police promote children putting on helmet

"Children also require a helmet" is really a obvious message for his or her parents - Source: Internet photo. HN – While five children in the united states die from traffic accidents everyday, the speed of individuals putting on headgear is not high enough, states Nguyen Hoang Hiep, vice chairman from the National Traffic Safety Committee.The committee is co-operating with Asia Injuries Prevention (AIP) Foundation, the Secretary of state for

Child drownings avoidable: UNICEF

HCM CITY — In Viet Nam, deaths from drowning happens around exactly the same rate as using their company causes until age five, if this starts to improve, research through the Alliance for Safe Children and UNICEF finds.A study entitled "Child Drowning: Evidence For any Recently Recognised Reason For Child Mortality in Low And Middle Earnings Nations in Asia" interviewed Bangladesh, Cambodia, Thailand, and Viet Nam besides Beijing and Jiangxi Province in China.The price of drowning prevention among