Vietnam Asset Management’s monthly Vietnam market outlook update

Inflation continued to be the headline of the month, with April's CPI increasing by 3.3 per cent, despite the government's increasing efforts in the last several weeks. The increase represented a 17.5 per cent year-on-year increase, the highest since December 2008 and far exceeding most expectations. This brought CPI growth for the year to date to to 9.64 per cent.