Vietnam’s central bank warns of high inflation risk in 2022
Governor Nguyen Thi Hong admits bad debts have increased, as banks struggle with impact of Covid
Vietnam will be able to cap inflation below the target of 4% this year, but the country will face greater pressure from inflationary risks in 2022, according to Nguyen Thi Hong, governor of the State Bank of Vietnam.
The country faces a high risk of import-driven inflation because of its trade-reliance, Hong told the National Assembly, Vietnam’s top lawmaking body, on November 12, according to an official statement.
As central banks around the world gradually roll back their easing policies
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