Inflation stood at 3.25%, compared to the 5.5% worldwide. The core inflation fell to 4.16% from the previous figure of 5.1%, showing that inflation decreased rather sustainably. Food security was guaranteed; while the stock, corporate bond, and real estate markets also gradually recovered though many risks remain. It was reversed right from the end of the first quarter, from a solid policy to a flexible, eased, and prudent one. Interest rates were reduced and businesses and people’s debts permitted to be restructured.

Source: Viet Nam News January 08, 2024 15:02 UTC