Bloomberg claims low energy prices are benefiting consumers and businesses in Vietnam, giving the State Bank more room to loosen monetary policies and regulations. In addition, low inflation also indicates a positive picture for the country’s economy.
According to the General Statistics Office, Vietnam’s inflation rate reached 2.19% on-year, including September’s record-low 0% inflation. Since the beginning of this year, the number of new businesses has increased 29%. Demand for Vietnamese goods abroad has also increased, with investors showing increasing interest in Vietnam.
