The consumer price index jumped by 2.22 per cent in June and 4.6 per cent from a year earlier, a seven-year high, the General Statistics Office (GSO) reported. — Photo thoibaonganhang.vn The rest of this year is likely to be a difficult period for the economy meaning challenges for the Government in achieving the targets set for the year. The problems include a weakening of the dong against the dollar and rising inflation, interest rates and public debt, and the Government will be walking a tightrope in terms of monetary policy. The consumer price index jumped by 2.22 per cent in June and 4.6 per cent from a year earlier, a seven-year high, the General Statistics Office (GSO) reported. Inflation in the first six months of the year was up to 3.29 per cent. GSO experts attributed the sharp increase in inflation in recent months to the rise in prices of several major products and services. Of 11 major categories of goods and services, nine saw prices increasing. Transportation … [Read more...] about Trillion đồng question: to tighten monetary policy or not?
Conditions necessary for price discrimination
President of Harvard University, Dr. Drew Gilpin Faust had a speech about the war between Vietnam and the US during a visit to the Ho Chi Minh City University of Social Sciences and Humanities on March 23. Belows is the whole speech: For more than three decades before I became president of Harvard, I worked as a scholar and teacher of history. For that reason it gives me special pleasure to be here at the University of Social Sciences and Humanities, one of Vietnam’s preeminent centers for historical study. It also means a great deal to me to be here in your country, for important parts of our national histories have been intertwined in ways that have affected all of us. What you know as the War of National Salvation Against the Americans—what we call “Vietnam”—indelibly shaped those of us coming of age in the United States in the 1960s and 1970s. Even though I never came within 8,000 miles of your country during those years, its names and places have … [Read more...] about Harvard president talks about Vietnam war