State Bank of Vietnam Warns Inflation Will Stay High in 2026, Moves to Stabilize Dong
Updated
Updated · Bloomberg · Jul 2
State Bank of Vietnam Warns Inflation Will Stay High in 2026, Moves to Stabilize Dong
2 articles · Updated · Bloomberg · Jul 2
Summary
Vietnam's central bank said inflationary pressure is likely to remain elevated through the rest of 2026 and that it has acted to support the dong.
The State Bank of Vietnam also said it has taken steps to ensure banking-system liquidity as global economic uncertainty intensifies.
Deputy Governor Pham Thanh Ha linked the pressure to geopolitical tensions, saying the Middle East military conflict is hitting Vietnam's highly open economy.
The warning underscores how external shocks are complicating Vietnam's efforts to contain prices while maintaining currency and financial stability.