Given that consumer prices have either moved lower or essentially stayed put in the developed world for much of the past year, the word inflation does feel a little strange on the tongue. U.S. consumer prices declined through the 12 months ended in May and have pretty much flatlined since, while Japanese inflation has stayed under 1 percent all year. SEE MORE China's economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt partly by cooling investment, raising pressure on Beijing to further cut interest rates and take other measures to stoke activity. SEE MORE Over the past 9 months, Vietnam’s GDP growth rate stood at 6.5%, the highest rate in recent, which shows the national economy has maintained its momentum. SEE MORE Vietnam lacks forecasts about deflation and the scenarios to deal with it if it occurs. International institutions have warned that the country may face deflation as the Consumer Price Index has increased very slowly in recent months. SEE MORE Vietnam’s admission to the Trans-Pacific Partnership (TPP) Agreement will not negatively affect Vietnam - China trade relations. If Vietnam can improve its competitiveness, the trade relations between Vietnam and China will be more balanced. SEE MORE
