Control inflation for sustainable growth
In 2025, Vietnam sets a GDP growth target of 8% or more and exceeds the double-digit mark by 10% or more in the period of 2026 - 2030. In addition to advantages and motivation, there are also many challenges to overcome.
Talking with Lao Dong, Dr. Le Duy Binh - Director of Economica Vietnam assessed - currently inflation is still under control. However, with the target of high growth this year, inflationary pressure is huge, much higher than in previous years.
"There needs to be synchronous solutions such as mobilizing capital from stock channels, corporate bonds... to reduce pressure on the banking system. Operate a flexible and flexible monetary policy, closely monitor market developments, money supply and consumer price index.
In particular, it is necessary not to promote credit growth too much, but to ensure resources to support economic growth. At the same time, it is necessary to boost domestic production, control prices and commodity production, and improve the investment environment" - Dr. Le Duy Binh recommended.
Solutions to control inflation well in the last 6 months of the year
Informing Lao Dong, Ms. Nguyen Thi Huong - Director of the Thong Ke Department (Ministry of Finance) said that - to control inflation in 2025 to achieve the set target, the Government, ministries, branches and localities need to closely monitor price and inflationary developments in the world. Timely warn of risks affecting prices and inflation in Vietnam to take appropriate response measures to ensure supply and stabilize domestic prices.
Ensure smooth supply, circulation and distribution of goods and services. Especially strategic items that are likely to be affected by global supply chain disruptions and geopolitical tensions.
"Ministries, branches and localities need to closely monitor the price movements of essential goods (food, foodstuffs, pork, gasoline, gas, etc.) to have appropriate management solutions and proactively prepare goods sources for the Festival to limit price increases. Measures should be taken to control, stabilize prices, and strictly handle violations. Avoid unreasonable price increases and spreading false information that causes market instability.
Flexibly and synchronously operate monetary policy tools to control inflation according to the set goals. At the same time, it will contribute to supporting the removal of difficulties in production and business and people's lives" - Ms. Huong emphasized.
According to data from the Statistics Office (Ministry of Finance), on average, in the first six months of 2025, core inflation increased by 3.16% over the same period last year, lower than the 3.27% increase in the average CPI, mainly due to food, foodstuffs, electricity, and medical service prices.
