Vietnam: Pork and oil prices key to keeping inflation under control, say experts

Vietnamese experts have announced that close watch must be on pork and oil prices to keep inflation under control in the country. - Vietnam News/ANN

HANOI, July 5 (Vietnam News/ANN): With huge inflation pressure on the way in the remaining months of this year, a close watch must be kept on the prices of key products like oil and pork to hit the goal of keeping inflation below four per cent, experts have said.

According to Nguyễn Bá Minh, director of the Institute of Economics – Finance, two factors will weigh on inflation in the second half of this year. The first is the prices of commodities in the global market, which are forecast to increase as the Covid-19 pandemic is gradually contained and production and trade recover.