Lower food prices pull CPI down in May Business

Lower food prices pull CPI down in May

Consumer price index (CPI) in May dropped by 0.53 percent from the previous month mostly due to a sharp fall in food prices, the General Statistics Office (GSO) said on May 29.
HCM City’s CPI falls 0.09 percent in March Business

HCM City’s CPI falls 0.09 percent in March

The consumer price index (CPI) of Ho Chi Minh City in March fell 0.09 percent from the previous month, but rose 5.6 percent compared to the same period last year, reported the municipal Statistics Office on March 30.
High liquidity, but no drop in interest rates Business

High liquidity, but no drop in interest rates

Despite good liquidity in the banking system, the peculiarities in Vietnam’s monetary policy management has prevented the decline of interest rates on deposits, a central economic report said.
Interest rate under pressure to stay steady Business

Interest rate under pressure to stay steady

The State Bank of Vietnam has targeted keeping interest rate stable in 2017, however, the market’s developments in the first half of January 2017 show that lending rates are suffering from many pressures.