The first projection is to end the year with an inflation rate of 4.5 percent, the second rises to five percentage points, and the third to 5.5 percent.

BMeanwhile, the State Bank of Vietnam (BEV) projects average inflation of around five percent (±0.5), while international organizations place it between 3.8 and 4.9 percentage points.

However, as announced at a meeting of the Steering Committee for Price Management, despite difficulties such as rising energy costs and the pressure of so-called “imported inflation,” the results in this area during the first quarter of the year were considered positive.

During that period, the Consumer Price Index (CPI) registered an average increase of 3.51 percent, Vietnamese Deputy Prime Minister Nguyen Van Thang highlighted at the meeting, also emphasizing the proactive work of the Ministry of Finance and other portfolios.

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