Vietnam International Political Economy

Inflation in the Vietnam economy continues to decline as the Vietnam consumer price index slowed to 9.2 percent in April according to AP.

Prime Minister Nguyen Tan Dung expects the Vietnam economy to see inflation fall to 6 percent by the end of 2009 in addition to a decline in growth to 6.2 percent as the global recession takes hold.

Despite the impact to growth, the consumer price index is reaching more acceptable levels for an emerging economy as it is down form its high of 23 percent in 2008.