Vietnam International Political Economy

Vietnam inflation for the month of August rose 28.32 percent year over year and continues to strain the Vietnamese economy according to Daily Times.

The Vietnam inflation increase is the 10th consecutive monthly period of double digit inflation and will likely spur unrest unless the Vietnam government acts fast to quell its impact on the Vietnamese economy.

The challenge is for the Vietnamese government to balance annual growth target that competes with that of China yet maintains reasonable consumer price levels.