The CPI increased 2.57% year-on-year in the first eleven months of 2019, the lowest growth rate for a eleven-month period over the last three years.

Vietnam’s inflation in 2020 is forecast to hit 3.5%, higher than the government’s estimated 3.17 – 3.41% in 2019, while the pressure will build up right at the beginning of next year.

A major proportion of bank loans are provided for the business community, particularly the private sector and individuals.

The consumer price index (CPI) saw an increase of 1.4% in December against the previous month, the highest growth rate for December over the last nine years.

As of December 2019, the nation’s hog herd shrank by 25.5% year-on-year due to the impact of African swine fever.