Rising oil prices, logistics costs and exchange rate pressures are making Viet Nam’s inflation control challenge more complicated than in previous periods.

The Vietnamese economy expanded by 7.83% in the first quarter of 2026. But the escalating conflict in the Middle East is increasing pressure on macroeconomic management, directly affecting the full-year growth and inflation targets. In this context, a range of measures have been implemented to curb inflation and support growth.

The Government has set its top short-term priority as preventing shocks in fuel prices and supply chain disruptions from turning into broader shocks to energy supply and prices, which could place significant pressure on inflation.

With the consumer price index (CPI) in 2025 increasing by 3.31% compared to a year earlier, Viet Nam successfully kept inflation below the target set by the National Assembly.

Viet Nam has successfully kept inflation below 4% since 2015. Preserving socio-economic development achievements and maintaining effective inflation control in line with the targets set for 2026 are of great significance in safeguarding macroeconomic stability and supporting the goal of achieving double-digit growth.

The consumer price index (CPI) increased by 0.45% in November compared to the previous month, mainly driven by adjustments in domestic fuel prices and disruptions to the food supply in areas affected by natural disasters, the National Statistics Office (NSO) under the Ministry of Finance announced on December 6.

Prime Minister Pham Minh Chinh chaired the Government’s regular meeting on December 6 to discuss the socio-economic situation in November and the first 11 months of 2025.

Viet Nam aims to hold average inflation to around 3.3% in 2025, Deputy Prime Minister Ho Duc Phoc said at a Government meeting on price management on November 21, citing the need for tighter coordination between fiscal and monetary policies amidst global economic uncertainty.

Prime Minister Pham Minh Chinh has issued Official Dispatch No. 165/CD-TTg on continued efforts to maintain macro-economic stability, control inflation, foster growth, ensure economic balances, and improve citizens' living standards.

Given the great pressure caused by domestic and external difficulties and challenges, Prime Minister Pham Minh Chinh has underlined the need to stay steadfast in the targets of firmly maintaining macro-economic stability, controlling inflation, boosting growth, and guaranteeing major balances of the economy.

It will not be easy to keep inflation at 4.5% this year as targeted, economic expert Nguyen Bich Lam, former General Director of the General Statistics Office (GSO), has said.

After many consecutive months of hitting record milestones, inflation rates in European Union (EU) countries have initially cooled down. The pressure has eased somewhat, but high prices are still a big risk, threatening to hinder the recovery and growth of the EU economy in 2023.

Vietnam recorded year-on-year growth of 3.15% in the 2022 consumer price index (CPI) while core inflation increased 2.59%, the General Statistics Office (GSO) said on December 29.

In a video message on the occasion of the year- end, President of the European Central Bank (ECB) Christine Lagarde spread the belief that the bank will succeed in its efforts to reduce the current high inflation.

The ruling People’s Power Party (PPP) and the opposing Democratic Party (DP) in the Republic of Korea (RoK) have reached an agreement on next year's budget draft after weeks of stalemate.

The consumer price index (CPI) posted year-on-year growth of 3.02% in the first eleven months of this year while core inflation rose 2.38%, the General Statistics Office (GSO) revealed on November 29.

When the wounds caused by the COVID-19 pandemic have not yet healed, the world economy has been continuously subjected to a series of shocks including inflation, energy crisis, supply disruptions, and the risks of public debt. These dark clouds are casting a shadow over the prospect of recovery and growth, of the world economy in the coming time.

Foreign experts have appreciated Vietnam’s economic governance policies to help well control the impact of imported inflation, given increasing inflation in many countries around the world.

Inflation in the Eurozone has hit a record. In the context that the US Federal Reserve (FED) has just raised interest rates, the old continent is likely to make the same move.

Inflation in Japan has risen for the 13th consecutive month, due to the weaker yen and higher energy prices, hitting households throughout the country.