Vietnam’s year-on-year inflation rate reached 21.4 percent last month, the highest since at least 1992, according to government figures.
Construction costs in Vietnam have risen as much as 40 percent since the end of 2007, Melissa Bon and Brian Wee of Morgan Stanley Asia (Singapore) Pte. said in a report.
“Some contractors are delaying construction work to avoid the risk of facing bankruptcy,’’ Bon and Wee wrote in a report following a visit to Ho Chi Minh City.
