On October 7, Vietnam's central bank deputy governor Pham Thanh Ha said that September's annual inflation rate of 5.08%, the highest in several years, puts pressure on monetary policy but prices remain under control. The rise is partly due to higher imported fuel costs from the Iran war and global interest rate hikes. The central bank targets 4.5% inflation for the year and plans flexible monetary policy to balance inflation control with economic growth, which requires over 12% fourth-quarter GDP growth to meet the 10% annual target.
We’ll perform a deep-dive analysis of all sources and publicly available external materials, then prepare a structured timeline of events, an in-depth report explaining the background and context, and multiple perspectives.
