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Vietnam: Minister says its too early to make a call over deflation.
Section: Business News - Planning and Investment Minister Vo Hong Phuc stated it is too early to say whether or not Vietnam's economy will suffer from deflation, which is predicted to occur in 2009, despite warnings about the situation.
On the sidelines of the on-going National Assembly session on Oct. 29, the minister said there are many factors that can result in deflation, such as the consumer price index (CPI), business' production power, people's purchasing power and market consumption levels.
The country experienced a fall in CPI during October, mainly because of the sudden decrease in prices of a number of commodities in the world market, with the …
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