Efficient credit allocation is central to controlling inflation and ensuring banking system safety.

Inflation management will represent a key task as 2025 unfolds.

The main causes are pressures from global energy and food price hike, and impact of Typhoon Yagi.

All possible levers are being discussed as Vietnam grapples with the specter of rising inflation in the opening months of the year.

As economic storms rage worldwide, Vietnam's Deputy PM Le Minh Khai marshals forces to monitor price swings and deploy flexible strategies to rein in inflation within the 4-4.5% target for 2024.

Most policymakers mistakenly believed inflation was only a momentary matter, central bank official tells Vietnam Economic Scenario Forum.

Lower inflation rate expected in 2023 due to cautious monetary policies and the risk of the global economy falling into recession.

Dialogue aimed at acknowledging the challenges facing enterprises and workers and seeking solutions to help overcome the difficulties in economic recovery.

Core inflation up from 4.5 per cent in October to 4.8 per cent in November.

After the State Bank of Vietnam (SBV) raised the ceiling interest rate for deposits under six months to 6 per cent per annum, many banks increased their rates from October 25. The highest is at SCB, at up to 9.3 per cent per annum. Analysts have forecast that interest rates will continue to increase over the closing months of the year due to exchange rate pressure and inflation.