Vietnam’s CPI increased by 3.25 per cent in 2023 compared to 2022, staying within the target set by the National Assembly. Many analysts believe that this is a positive sign in the context of many countries facing challenges from high inflation, but new internal problems have emerged in the country that require attention. Enterprise numbers are shrinking and production and business activities are declining, international trade has become difficult, unemployment is rising, and business revenue and worker incomes are falling. Banks also showed signs of excess cash but saw low credit growth, while gold prices were unusually high and commodity inventories grew at the end of the year due to weaker consumer demand. The global and domestic economic situation will continue to face many uncertainties in 2024, but analysts believe inflationary pressure will remain under control while still needing attention to curb potential risks.