Hanoi: Consumer price index falls 0.23 percent in December
Hanoi’s December Consumer Price Index (CPI) dropped by 0.23 percent
against last month, but gained 1.55 percent year on year.
Hanoi’s December Consumer Price Index (CPI) dropped by 0.23 percent
against last month, but gained 1.55 percent year on year.
Among the eleven groups of commodities and services in the price basket, two posted a decline in prices. The group of housing and building materials, electricity, water and fuel showed a decrease of 1.38 percent and transport services down 2.56 percent.
Three groups remained unchanged, while six remaining groups saw rises ranging from 0.12 to 0.68 percent, with post and telecommunications services recording the highest increase.
In November, the CPI fell 0.3 percent due to lower petroleum prices, according to the municipal Statistics Office.
The December CPI in the southern economic hub of Ho Chi Minh City also inched down 0.36 percent against the previous month due to the decline in fuel prices.-VNA
Among the eleven groups of commodities and services in the price basket, two posted a decline in prices. The group of housing and building materials, electricity, water and fuel showed a decrease of 1.38 percent and transport services down 2.56 percent.
Three groups remained unchanged, while six remaining groups saw rises ranging from 0.12 to 0.68 percent, with post and telecommunications services recording the highest increase.
In November, the CPI fell 0.3 percent due to lower petroleum prices, according to the municipal Statistics Office.
The December CPI in the southern economic hub of Ho Chi Minh City also inched down 0.36 percent against the previous month due to the decline in fuel prices.-VNA
You should also see
PM hosts Chairman of Russian Federal Bar Association
Prime Minister Pham Minh Chinh spoke highly of cooperation between the Russian Federal Bar Association (RFBA) and the Vietnam Lawyers’ Association (VLA) while receiving RFBA Chairman Sergey Stepashin, who is also former Prime Minister of Russia, in Hanoi on April 23.
See more
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
Business
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
