Combating inflation among key measures for Vietnam: MPI

The Planning and Investment Ministry will focus on keeping the macro economy stable, controlling inflation and ensuring economic growth at a reasonable rate.

The Ministry of Planning and Investment will focus on keeping the macro economy stable, controlling inflation and ensuring economic growth at a reasonable rate.

Speaking at a conference, Minister of Planning and Investment Nguyen Chi Dung said the slogan for action in 2023 would be “Seizing opportunities – Towards the future”, adding that in difficulties, there would always be opportunities.

Minister Dung said the workload of the Ministry in 2023 would be heavy.

As this year was forecast to be more difficult and challenging than 2022, the ministry would focus on accelerating and transforming the country’s economic structure, renewing its growth model, and improving on policies.

He pointed out that the Ministry would also be creating breakthroughs in infrastructure development and disbursement of public investment.

People at a market in Pleiku, Vietnam. The ministry will focus on accelerating and transforming the country’s economic structure, renew its growth model, and improve on policies. - Bloomberg
People at a market in Pleiku, Vietnam.

Although 2022 had been a tumultuous year, Vietnam’s macro-economy was kept stable with positive economic growth with inflation under control, in which the ministry had played an important role.

According to statistics, the Vietnamese economy expanded at 8.02% in 2022 – the highest growth compared with the 2011 to 2022 period, thanks to post-pandemic solid recovery and a high target set at 6% to 6.5%.

The consumer price index was estimated at 3.1%, below the 4% goal.

TIN LIÊN QUAN
Sustainable development key to success of Vietnamese coffee
Measures to facilitate customs clearance at Vietnam-China border gates
Vietnam, Cuba seek measures to further promote ties: General Secretary
Consumer price index up 3.15% and inflation increased 2.59% in 2022: GSO
Vietnamese investors changing strategies to combat inflation
Thành Hải
https://www.thestar.com.my/business/business-news/2023/01/06/combating-inflation-among-key-measures-for-vietnam