Vietnam inflation down 0.23% in March as food prices ease
Vietnam's consumer price index (CPI), an indicator of inflation, fell 0.23% month-on-month in March as prices of goods, especially food items, decreased after the Tet (Lunar New Year) holiday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam sees February inflation up 3.98%, retail sales up 8.5% on Tet season
Vietnam's consumer price index (CPI), an indicator of inflation, increased 3.98% year-on-year in February, while retail and services revenues rose 8.5%, the General Statistics Office (GSO) reported.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam sees Jan inflation rise 0.31%, retail sales up 1.6%
Vietnam's consumer price index, an indicator of inflation, increased 0.31% in January from December 2023, while the country's retail and service sector revenues rose 1.6%.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP growth can reach 6% in 2024: ASEAN+3 macroeconomic research office
Vietnam’s GDP growth can reach 6% in 2024, according to the January edition of the ASEAN+3 Regional Economic Outlook.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank
Vietnams’s economic growth can reach 5.5% in 2024, thanks to public spending and tourism recovery outweighing external challenges, Shinhan Bank S&T Center anticipated.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam looks for year-long extension to environmental protection tax break
The Vietnamese government has sought parliamentary approval for a plan to extend the environmental protection tax cut on fuels through the end of next year, in a move to aid economic activity and help tame inflation.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Jan-Nov retail sales up 9.6% despite inflation increase
Retail and service sector revenues increased 9.6% year-on-year to VND5,667 trillion ($233.72 billion) in January-November, despite the country’s consumer price index (CPI) going up 3.22%.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Jan-Oct retail sales up 9.4%, CPI up 3.2%
Total retail and service sector revenues in Vietnam increased 9.4% year-on-year to VND5,105 trillion ($207.86 billion) in January-October, while its consumer price index (CPI) went up 3.2%.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP growth can reach 4.7% in 2023, 6% in 2024: research unit AMRO
Vietnam’s GDP growth can reach 4.7% in 2023 and 6% in 2024, according to the October edition of the ASEAN+3 Regional Economic Outlook of the ASEAN+3 Macroeconomic Research Office (AMRO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economy continues recovery with 5.33% growth in Q3
Vietnam’s economy continued its recovery with GDP growth of 5.33% year-on-year in Q3/2023, accelerating from 3.28% posted in Q1 and 4.05% in Q2.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
ADB revises down Vietnam’s GDP growth forecast to 5.8% in 2023, 6% in 2024
The Asian Development Bank (ADB) has revised down Vietnam’s economic growth forecast to 5.8% in 2023 and 6% in 2024 in its September edition of the Asian Development Outlook (ADO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC sees 26% FDI boost in 8 months, but sluggish trade
Ho Chi Minh City received a total registered FDI of $390 million in Jan-Aug, up 26.2% year-on-year, but it experienced slow growth in trade and low disbursement of public investment capital, according to the municipal statistics office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
August CPI rises 0.88% from July on higher housing, fuel, rice prices
Vietnam’s consumer price index (CPI) in August rose 0.88% from July due to higher prices of fuel and rice as well as higher house rents in line with stronger demand, says the General Statistics Office (GSO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP growth to rebound next year after 2023 slowdown: WB
Vietnam’s GDP growth may slow down to 4.7% this year from 8% in 2022, but it’s likely to rebound to 5.5% in 2024 and 6% in 2025, the World Bank says.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s July industrial production up 3.9% against June
Vietnam’s index of industrial production (IIP) increased by 3.9% in July over the previous month and by 3.7% year-on-year, the General Statistics Office announced Saturday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam growth pace accelerates in Q2
Vietnam’s economy expanded by 4.14% in the second quarter from a year ago, despite slowing global demand for imports, the General Statistics Office (GSO) said on Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam inflation shows downward trend
The average consumer price index (CPI) of the last five months rose by 3.55% from a year earlier, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam retail electricity price up 3% after 4 years
Vietnam Electricity (EVN) on Thursday raised the country’s average retail electricity price by 3%, the first hike since March 2019.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s manufacturing expands slightly in April
Vietnam's industrial production expanded by 0.5% year-on-year in April, but fell 1.8% in the first four months of the year amid weaker global demand, the General Statistics Office (GSO) said Saturday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s manufacturing, exports expand in February
Vietnam, a Southeast Asian production base for multinationals, achieved increases of 3.6% and 11% in industrial production and exports, respectively, in February from a year earlier, the General Statistics Office said Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Rising goods prices over new year holiday drive up CPI in Jan
Vietnam's Consumer Price Index (CPI) in January rose 0.52% from the previous month and 4.89% year-on-year largely due to the increased price of goods and services over the Lunar New Year (Tet) holiday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s 2022 CPI rises 3.15%, retail sales up 19.8%
Vietnam's consumer price index (CPI) in 2022 increased 3.15% year-on-year while retail sales of goods and services rose 19.8%, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s GDP growth hits 12-year high of 8.02%
Vietnam's economy expanded by 8.02% in 2022, much higher than the 2.58% recorded last year during the height of the pandemic, the General Statistics Office announced Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP to grow 8.1% this year, likely 5.8% next year: HSBC
Vietnam’s economy is predicted to expand 8.1% this year and slow down to 5.8% in 2023, according to a new HSBC report.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam determined to fix bond, property market problems: PM
The government is seeking to correct problems in the corporate bond and real estate markets to protect the legitimate rights of residents and enterprises, Prime Minister Pham Minh Chinh said Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial production index inches up 0.3% in November
Vietnam’s index of industrial production (IIP) rose 0.3% in November from October, a slow pace due to companies' lack of orders, high input costs and shortage of materials, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam inflation pressure on the rise
Vietnam’s consumer price index (CPI) in October rose 4.16% from December 2021 and 4.3% year-on-year, reflecting rising inflationary pressure.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP growth may reach 7.9-8.1%: experts
With Vietnam bringing inflation under control, its economic expansion can be 7.9-8.1% this year, according to the BIDV Training and Research Institute.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam can contain inflation below 4% this year: finance ministry
The consumer price index (CPI) might rise 3.27-3.51% on average in Vietnam this year, below the State Bank's target of 4%, the Ministry of Finance told a meeting on price control Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam faces surging inflation pressure: official
Vietnam is likely to curb inflation at 4% this year as targeted, but it will face surging pressure towards the end of this year and next year, says a senior officer of the General Statistics Office (GSO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam sees 8-month export value up 17.3%
Vietnam's export value during January-August reached $250.8 billion, up 17.3% year-on-year, with the U.S. as the largest buyer.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline price drops fourth consecutive time
Retail gasoline prices in Vietnam slipped by VND450-470 ($0.02) a liter on Monday, the fourth consecutive drop since the beginning of July.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline price drops for third time in a row
Retail gasoline prices in Vietnam slipped by VND2,715-3,605 ($0.15) a liter on Thursday, the third consecutive drop since the beginning of July.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economic expansion could reach 6.9%: economic institute
Vietnam’s GDP this year could grow 6.9% in the best scenario, with inflation contained at 3.7%, an export expansion of 16.3% year-on-year, and a trade surplus of $2.7 billion, according to CIEM, a leading Vietnamese economic research institute.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline price slips for second time after 7 consecutive hikes
Retail gasoline prices in Vietnam slipped by VND3,090-3,110 ($0.13) a liter on Monday, the second drop after seven consecutive hikes since late April.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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