Vietnam: Experts anticipate inflation under 10% in 2011

Vietnam’s inflation rate this year is estimated at below 10 percent, according to Le Xuan Nghia, Vice Chairman of the National Financial Supervisory Commission (NFSC).

Under the prediction of NFSC, the adjustment of the USD/VND exchange rate and the increases in electricity and petrol prices from March 1 will push the year’s CPI up by 2.5 percent.