Vietnam to retain inflation fighting policies

TN News

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Vietnam will continue implementing the inflation-fighting strategy until "we bring macroeconomic indicators back to normal," a planning and investment official said Wednesday.

That means "inflation will have to be brought down to a single digit, gradually," Deputy Minister of Planning and Investment Dang Huy Dong said at the Vietnam Investment Summit.

"National public debts are to be reduced to a healthy and manageable level," he added

Vietnam has "managed to increase the foreign exchange reserves," said Dong, who also said that the country is implementing tight monetary and fiscal policies.

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