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19/05/2021 10:50 GMT+7
Foodstuff prices rise, pose inflation threat
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn
Prices of foodstuffs have been increasing due to rising costs of raw materials.
Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen.
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Forestalling impending deflation risk
After a year when inflation was nosediving to threaten a dip below the zero mark by the end of 2020, several Ministry of Finance experts agree that stimulus measures are necessary to turn the curve around and achieve healthy socioeconomic growth with a stable inflation rate in 2021.
Average inflation in 2021 may not be high, said Nguyen Duc Do, deputy director of the Institute of Economics and Finance under the Academy of Finance, as the economy âwill not be able to fully recoverâ and the inflation rate increase of 2020 compared to 2019 reached only 2.31 per cent, much lower than the National Assemblyâs (NA) goal of 4 per cent.
Impressive growth seen across real estate 09:00 | 01/01/2021
While the pandemic has affected nearly every business, Vietnamâs real estate sector has seen significant movements throughout the year. Dr. Vu Dinh Anh, economist at the Ministry of Financeâs Price Market Research Institute, presents a detailed analysis of the yearâs happenings as well as a brief outlook for 2021.
Dr. Vu Dinh Anh, economist at the Ministry of Financeâs Price Market Research Institute
Successful real estate businesses across Vietnam can continue their growth momentum, and even those currently suffering losses can recover along with the general growth of the economy, which is expected to return to its normal rate from 2021 if the business community captures and makes good use of the real estate marketâs trends amid the influence of the pandemic.
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