CPI increases about 4.2% in first quarter Business

CPI increases about 4.2% in first quarter

The consumer price index (CPI) in the first quarter of 2023 is estimated to rise 4.2-4.3% year on year, according to the Price Management Department under the Ministry of Finance.
Eleven-month CPI increases 3.02% year on year Business

Eleven-month CPI increases 3.02% year on year

The consumer price index (CPI) posted year-on-year growth of 3.02% in the first eleven months of this year while core inflation rose 2.38%, the General Statistics Office (GSO) revealed on November 29.
Malaysia’s inflation on the rise World

Malaysia’s inflation on the rise

Malaysia’s inflation rate in August increased to 4.7% year-on-year, mainly due to food and non-alcoholic beverages, according to the Malaysian Department of Statistics Malaysia (DOSM).
Average CPI in first six months increases 2.44% year on year Business

Average CPI in first six months increases 2.44% year on year

The average Consumer Price Index (CPI) of Vietnam in the first six months of this year increased by only 2.44% compared to the same period last year. This is attributable to the proactive efforts by the government to cope with the challenges caused by the increasing inflation pressure felt all over the world.
PM orders maintaining macro-economic stability Politics

PM orders maintaining macro-economic stability

Prime Minister Pham Minh Chinh emphasised specific tasks for maintaining macro-economic stability, controlling inflation and managing monetary and fiscal policies flexibly while addressing a regular Government meeting in Hanoi on April 29.
Finance Ministry announces State budget estimates for 2022 Business

Finance Ministry announces State budget estimates for 2022

State budget collection in 2022 is expected to reach over 1.41 quadrillion VND (61.7 billion USD), while expenditure is estimated at about 1.78 quadrillion VND (78.05 billion USD), up 4.5 percent compared to that in 2021, according to a report on State budget estimates for 2022 that has been made public by the Ministry of Finance.
WB, HSBC optimistic about Vietnam’s economy Business

WB, HSBC optimistic about Vietnam’s economy

Vietnam’s economy should get back to GDP growth of 6.8 percent next year, which will be driven by a return of strong foreign direct investment (FDI) into the market, mainly focusing on the manufacturing sector, CEO of HSBC Vietnam Tim Evans has said.
Vietnam’s economic conditions improve further: WB Business

Vietnam’s economic conditions improve further: WB

Vietnam’s economic conditions continued to improve, with both industrial production and retail sales registered a third month of growth, said World Bank (WB) in the December edition of its Vietnam Macro Monitoring.
HCM City’s CPI down 0.41 pct in October  Business

HCM City’s CPI down 0.41 pct in October

Ho Chi Minh City’s consumer price index (CPI) in October went down 0.41 percent month-on-month and moved up 2.02 percent year-on-year, reported the municipal Statistics Office on October 29.
Hanoi’s August CPI continues to rise Business

Hanoi’s August CPI continues to rise

Hanoi’s consumer price index (CPI) in August was up 0.77 percent against the previous month and 2.81 percent year-on-year, according to the municipal Statistics Office.
GDP growth target of 6.5-percent remains major challenge: Deputy Minister Business

GDP growth target of 6.5-percent remains major challenge: Deputy Minister

Vietnam's gross domestic product (GDP) growth in the first quarter of 2021 was 4.48 percent, lower than the 5.2 percent scenario projected for the “new normal” situation, said Deputy Minister of Planning and Investment Tran Quoc Phuong, noting that this adds more pressure on the remaining months of this year so the target of 6.5-percent growth can be achieved.
Vietnam’s GDP forecast to expand 6.72 percent in 2021 Business

Vietnam’s GDP forecast to expand 6.72 percent in 2021

Vietnam’s gross domestic product (GDP) growth is forecast to reach 6.72 percent this year in an optimistic scenario where the global economy recovers faster than expectations and production becomes more stable in 2021, according to a joint report released by the National Centre for Socio-Economic Information and Forecasting (NCIF) and the UN Development Programme (UNDP) in Vietnam.