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Submitted by ctv_en_2 on Wed, 10/08/2008 - 18:00

Germany’s Aktuellasia online, on Oct. 7, ran an article saying that Vietnam’s economy has stabilized after months of experiencing overheated development.

 

According to the website, Vietnam has carried out policies to curb its high inflation rate and trade deficit. In the past nine months, its inflation rate rose to 27.9 percent, however at times, the country’s consumer price index (CPI) dropped to 0.18 percent in September.

 

Aktuellasia online wrote that Vietnam combined economic growth with inflation control as recent price hikes have made a negative impact on its socio-economic development.

 

Economists said that the Vietnamese Government should continue to implement these policies given the global financial meltdown.

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