Inflation in 2017 likely to stay below 4 percent: experts Business

Inflation in 2017 likely to stay below 4 percent: experts

Vietnam’s consumer price index (CPI) in September rose 0.59 percent, the highest level in 10 months except for August due to increasing tuition fees. However, experts said that inflation in the whole year will stand below 4 percent as such administrative changes that can be controlled.
PM orders prompt settlement of admin procedures in September Politics

PM orders prompt settlement of admin procedures in September

Prime Minister Nguyen Xuan Phuc urged ministries, departments and localities to concentrate on addressing administrative procedure problems, especially removing tax and fee burdens imposed on businesses, while chairing the government’s regular monthly meeting in Hanoi on August 30.
August CPI up 0.92 percent Business

August CPI up 0.92 percent

The consumer price index (CPI) in August rose 0.92 percent from the previous month and 3.35 percent over the same period last year, according to the General Statistics Office (GSO).
High political determination needed to meet growth target: PM Politics

High political determination needed to meet growth target: PM

The fulfilment of the gross domestic product (GDP) growth of 6.7 percent in 2017 requires high political determination from ministries and departments as well as corporations, businesses and people, Prime Minister Nguyen Xuan Phuc stressed at a meeting in Hanoi on August 12.
CPI experiences slight rise in July Business

CPI experiences slight rise in July

Vietnam’s consumer price index (CPI) in July rose again by 0.11 percent, following the rebound of food prices, according to the General Statistics Office (GSO).
HCM City’s CPI stable in June Business

HCM City’s CPI stable in June

CPI of Ho Chi Minh City in June remained unchanged from the previous month, but rose 3.27 percent compared to the same period last year, reported the municipal statistics office on June 29.
CPI up 4.15 percent in six months Business

CPI up 4.15 percent in six months

The consumer price index (CPI) in the first half of 2017 rose 4.15 percent compared to the same period last year, head of the Price Statistics Department under the General Statistics Office Vu Thi Thu Thuy reported at a press conference in Hanoi on June 29.
Consumers fear surging prices as salaries increase Society

Consumers fear surging prices as salaries increase

People, particularly those working in informal sectors and housewives, are afraid of a possible surge in the prices of goods as soon as the basic salary for civil servants and public employees increases next month.
Inflation forecast to hit 2.6 percent this year Business

Inflation forecast to hit 2.6 percent this year

Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission reported on June 12.
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.