Vietnam is seeking new driving forces for economic growth besides monetary and fiscal policies. VietNamNet spoke with Nguyen Dinh Cung, former head of the Central Institute for Economic Management (CIEM), about this issue.
Inflation risk is still present with high prices from all input factors, so the simultaneous use of both expansionary fiscal policy and expansionary monetary policy will create pressure on prices.
“Pressure”, “increased difficulties” and “high risks and challenges”: these are the words used by the Minister of Planning and Investment to describe how hard it will be to fulfill Vietnam’s growth goals this year.