CPI sees slight increase in October
Vietnam’s consumer price index (CPI) in October rose 0.36 percent
against last month, much slower than the 1.1 percent increase of the
same period last year.
Vietnam’s consumer price index (CPI) in October rose 0.36 percent
against last month, much slower than the 1.1 percent increase of the
same period last year.
However, the figure represented a year-on-year increase of 21.59 percent and a 17.05 percent rise over December 2010, the General Statistics Office (GSO) announced on Oct. 24.
Eight out of 11 commodity groups recorded increases ranging from 0.06 to 3.2 percent, of which the group of food services saw the lowest price hike, which dropped to 0.06 percent from 0.28 percent in September.
Three commodities, including housing and construction materials, transport, and post and telecommunications saw price falls while seven others posted increases below 1 percent.
Only educational services experienced a price hike of 3.2 percent.
The low CPI increases of 0.13 percent and 0.18 percent respectively in two economic hubs, Hanoi and Ho Chi Minh City, helped curb the country’s CPI growth in October./.
However, the figure represented a year-on-year increase of 21.59 percent and a 17.05 percent rise over December 2010, the General Statistics Office (GSO) announced on Oct. 24.
Eight out of 11 commodity groups recorded increases ranging from 0.06 to 3.2 percent, of which the group of food services saw the lowest price hike, which dropped to 0.06 percent from 0.28 percent in September.
Three commodities, including housing and construction materials, transport, and post and telecommunications saw price falls while seven others posted increases below 1 percent.
Only educational services experienced a price hike of 3.2 percent.
The low CPI increases of 0.13 percent and 0.18 percent respectively in two economic hubs, Hanoi and Ho Chi Minh City, helped curb the country’s CPI growth in October./.
You should also see
World economy’s recovery drives Vietnam’s exports
With the recovery of the world market and increasing orders, Vietnam's import and export activities in the first quarter of 2024 prospered and achieved positive results.
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
