More money in circulation could increase inflation rateVietNamNet Bridge - It is expected that large amounts of money will be pumped into circulation to obtain the ambitious target of 6.7 percent GDP growth rate. It is expected that large amounts of money will be pumped into circulation to obtain the ambitious target of 6.7 percent GDP growth rate. This has raised the fear that hot growth will bring high inflation back. However, in a recent report, it said the target is still attainable.“6 percent would be a good result,” Thanh commented. Meanwhile, if you run too fast, you may have accidents,” he said.The example was cited by Thanh when talking about the way Vietnam needs to follow to obtain the 6.7 percent GDP growth rate target in 2016.This is an ambitious goal as commented by economists.

Source: VietNamNet News July 31, 2016 06:56 UTC