Inflation in Vietnam has always been higher than in any other nation in the region since the country carried out renovation, says a research project published on Tuesday. The research shows that in all five-year periods between 1991 and 2012, Vietnam outpaced all other regional nations in only one aspect: inflation. The research conducted by Dao Van Hung, Nguyen Thac Hoat and their colleagues at the... 

The bad debt ratio of the banking system may fall to 4-5% under Vietnam’s accounting standards by the end of this year, said Le Xuan Nghia, former vice chairman of the National Financial Supervisory Commission. He forecast economic growth would be around 5.5% and inflation 7-8% this year. In addition, the exchange rate may rise 2-3% and short-term deposit rate may go down 1%, the expert said. He... 

Credit institutions described adjustments in prices of the items subject to State management as the greatest risk to inflation control in 2013, the Monetary Statistics and Forecast Department of the central bank said. As per a report on the latest survey of credit institutions done by the department, price adjustments are believed to have the biggest impact on inflation this year. The other factors... 

The National Financial Supervisory Commission said on Monday that price management policies are the key factor for curbing inflation this year while impacts of other macro elements would not significant. According to the commission’s macro-economic report released on Monday, inflation rose 2.6% in the first two months of this year. However, the commission said that this figure is not a threat to... 

HCMC – Prime Minister Nguyen Tan Dung at a conference on removing the problems of the real estate market held in HCMC on Tuesday said the central bank would lower interest rates in the next few days. The key condition for interest rate reductions is decelerating inflation. “The Ministry of Planning and Investment has estimated a consumer price index (CPI) increase of less than 0.5% this month,... 

Inflation does not pick up although the country has spent Vietnam dong buying US$10 billion this year as the aggregate demand of the economy stays low, according to the National Financial Supervisory Commission (NFSC). The foreign exchange reserve has risen again, equal to 2.5 months of import at the end of the third quarter, as calculated by the World Bank (WB). As such, the forex reserve of Vietnam... 

The State Bank of Vietnam (SBV) may lower the deposit rate cap by an additional one percentage point in the fourth quarter this year or early next year, said Vincent Conti, ANZ analyst specializing in Asia economics. “Although SBV has yet to announce new policies, the Government is planning to further slash interest rates next year,” Conti said in a recent report on Vietnam updates announced last... 

The National Financial Supervisory Commission proposed the Government lower the ceiling deposit rate and the base rate by one percentage point against the current rates. In addition, the commission suggested the lending rate cap should not exceed 150% of the base rate. These proposals were given in the documents for the Government meeting last week. Favorable factors to reduce interest rates, including... 

Given the developments in the year to date and possibly influential factors in the final months, the whole-year inflation rate may be 8% as targeted, say the latest macro-economic reports of HSBC Vietnam and Vietcombank Securities Company. The report of HSBC remarks the consumer price index (CPI) had risen 7% year-on-year by the end of October. After a sudden increase in September, the monthly inflation... 

Vietnam’s five-year government bonds fell for the first time in two weeks on speculation consumer- price gains may accelerate in the final months of the year. The dong was unchanged. The nation faces a high risk of faster inflation, Do Thi Nhung, deputy head of the State Bank of Vietnam’s monetary- policy department, said at a conference in Hanoi today. Consumer prices rose 7 percent in October...