Business

Inflation rate to stay high in March

The country's inflation rate is expected to remain high in March, following a hike in petrol prices and appreciation of the US dollar, according to an economics expert.
Business

Locally-made goods dominate domestic market

Made-in-Vietnam products occupied up to 85-90 percent of the market share in the local market during the traditional Lunar New Year (Tet) festival, said the Finance Ministry’s Price Management Department.
Business

Government efforts to control prices pay off

The very slight increase in July’s Consumer Price Index (CPI) is attributed to the government and local authorities’ efforts to curb inflation, reports the General Statistics Office (GSO).

According to the GSO, July’s CPI is estimated to have risen by only 0.06 percent over last month, much lower than the earlier forecasts of 0.2-0.3 percent and is the lowest monthly growth in CPI for a past year.

Business

Economy shows positive signs in first six months

The country's economy outlook continued its rapid recovery in the first half of this year with positive trends in two key economic indicators, gross domestic product and consumer price index, reported the Ministry of Planning and Investment.
Business

Retail petrol prices decrease

Retail prices of petrol across the country will decrease by 500 VND per litre as of 9 pm, May 27, according to a Ministry of Finance (MoF)’s recent decision.
Business

Petrol import tax cut to 17 percent

In an effort to help petrol dealers stabilise prices, the Ministry of Finance (MoF) has decided to reduce petrol import tax rates from 20 percent to 17 percent beginning on April 21.
Business

City sags, Hanoi rebounds

The HCM Stock Exchange on February 24 saw increased trading, but the VN-Index nevertheless slid by another 0.34 percent to a close of 494.59 points, with over 60 percent of codes losing value over the course of the session. Meanwhile, shares rebounded on the Hanoi market.
Business

Stocks stumble on fuel price hike

Investors responded negatively to higher petrol prices and electricity rates announced on Feb. 22, sending share prices plunging across-the-board on the HCM Stock Exchange.
Business

Petrol prices rise for second time in month

Retail petrol prices rose 1,000 VND (0.06 USD) per litre on August 30, with A92 petrol increasing to 15,700 VND (0.84 USD) per litre and diesel fuel to 13,100 VND (0.74 USD) – marking the second hike in petrol prices in August alone and the seventh since early this year.