Fuel, raw material costs drive up CPI in May

Fuel, raw material costs drive up CPI in May

Rising fuel and raw material prices have driven up Vietnam's consumer price index (CPI) in May by 0.38% against April, and 2.86% year-on-year, according to General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank may raise basic interest rates in late 2022: Maybank Kim Eng

Central bank may raise basic interest rates in late 2022: Maybank Kim Eng

The State Bank of Vietnam may lift its interest rates by 50 basis points in late 2022 to maintain the country’s moderate growth, given rising inflation risks and the U.S. Federal Reserve’s aggressive rate moves, according to Maybank Kim Eng Securities.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7