control inflation

To control inflation in accordance with the National Assembly's target, the Ministry of Finance (MoF), as the Standing Committee of the Price Steering Committee, has utilized a variety of tools, including tax, fee, and charge reductions, since the start of the year, contributing to stabilizing price and limiting negative impacts on socioeconomic development.

Facing the complicated movements of prices of some commodities that are inputs to the economy, the Price Management Department (Ministry of Finance) has just issued Official Letter No. 1076/BTC-QLG to ministries, branches, localities, associations, holding companies and corporations about continuous promoting the implementation of price management. Accordingly, to closely monitor supply and demand movements to have a plan to control inflation from the beginning of the year.