Vietnam faces serious inflation problem

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Updated July 4, 2008 10:33:07

Inflation in Vietnam has become a serious problem, with prices rising 26-percent on average. This week the country's communist government moved to depreciate the value of the currency - the dong - to reduce pressure on inflation. But expers say much more needs to be done to counter lower growth and overcome investor fears.


Speaker: Karen Percy
Presenter: Hanoi-based Australian economist Ray Mallon

• Tags:
• vietnam
• business-economics-and-finance

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