Abstract

Inflation and unemployment are two important macroeconomic issues with far-reaching impacts on all countries, and Vietnam is no exception. Inflation, defined as the continuous increase in the general value, reduces the purchasing power of money, while unemployment is the situation where workers are able to work but cannot find employment. The relationship between detection and unemployment is a complex topic and has been widely studied in economics. In the short term, this relationship is often described through the Phillips curve, showing the change between the likelihood of development and failure: as development increases, unemployment tends to decrease and vice versa. However, in the long term, the Phillips curve becomes vertical at the natural unemployment device, indicating no stable change between these two factors. In Vietnam, all detection and failure errors are modifiable by policymakers. The Vietnamese government has been implementing numerous measures to control inflation and reduce unemployment, including key monetary and fiscal policies, as well as measures to promote economic growth and create jobs. Maintaining macroeconomic stability, controlling inflation appropriately, and minimizing business failures are key objectives to ensure Vietnam's sustainable development.