The Vietnam government’s Deputy Industry and Trade Minister announced that the government will continue to keep fuel prices stable through the year according to Forbes.
The move is in line with the Vietnam governments focus on fighting Vietnam’s inflation which currently resides in double digits.
The trouble for the Vietnamese government is that while price controls certainly help to quell public protest it still must absorb the cost while it is already running a large public deficit.
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment