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Update news inflation
VietNamNet Bridge – The consumer price index (CPI) in February rose by only 1.32 per cent against the previous month, lower than expected thanks to abundant supplies of essential commodities,
VietNamNet Bridge – While economists have urged to devaluate the local currency to help boost exports, the central bank believes that it’s not the right time to do this.
VietNamNet Bridge – Vietnamese businesses, both state owned and non-state owned, suffered big difficulties in 2012.
Vietnam feels joyful about its success in fighting against inflation, but deflation should be seen as a more serious problem, economists say.
VietNamNet Bridge – Inflation will remain a threat to the economy and consumers next year even though it is restrained relatively well in 2012.
VietNamNet Bridge – Vietnam, for the second time in history, witnessed a trade surplus of $284 million in 2012, or 20 years after the first time. However, the achievement has not been applauded by economists.
Instead of seeking long term personnel, businesses nowadays tend to hire short term workers for seasonal production in an effort to cut down expenses.
The best thing of the 2012 is the stabilization of the dong/dollar exchange rate. The worst is the bad business performance of commercial banks.
Commercial banks have been easing the lending interest rate, which has made the picture of the national economy brighter. However, the biggest problem still exists: it’s very difficult for businesses to access bank loans.
VietNamNet Bridge – National stocks were left reeling on Friday after what analysts dubbed the "worst week of the year" for trading.
Gloomy picture on youth employment; State Bank may apply ceiling lending interest rates this year; Slow sales means big discounts on new clothing; 70 securities firms may be shut down; Nation to remain manufacturing hotspot
Prime Minister Nguyen Tan Dung called for continual efforts to rein in inflation, maintain a stable macro-economy, safeguard social welfare and accelerate production in the remaining months of this year