In its recent report, the World Gold Council said demand for gold in Vietnam shrank 9% in the second quarter year on year due to the economic difficulties.
The national consumer price index (CPI) in July grew by 0.45% month-on-month, fueled by higher prices of food, foodstuff and electricity, the General Statistics Office (GSO) said on July 29.
Gold remains a potential investment channel until the end of this year, though the global economy in general, and Vietnam in particular, still possess potential risk factors related to recession and inflation, which make it difficult to forecast the gold price.
Though the gap between domestic and global gold prices is significant, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said it is reasonable due to restricted supply.
The CPI in the southern economic hub of Ho Chi Minh City inched down 0.33 percent in March against February, according to the city’s Statistics Office.
The consumer price index (CPI) in the southern largest economic hub of Ho Chi Minh City increased 1.19 percent in February from the previous month, according to the city’s Statistics Office.
Vietnam’s consumer price index (CPI) in February was up 1.52 percent over the previous month and 0.7 percent year on year, according to the General Statistics Office (GSO).
The national consumer price index (CPI) in July grew by 0.4 percent against June and 3.39 percent year-on-year, the General Statistics Office (GSO) reported on July 29.
The fact that some countries have become the third place in the world outside mainland China to confirm deaths from COVID-19 also makes investors worry, so they often consider gold as the safest asset.
Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23 percent over the previous month and 6.43 percent year on year, according to the General Statistics Office (GSO).
The domestic gold price saw its strongest growth in three months in the week of December 23-29 after beating the milestone of 42 million VND (1,817.40 USD) per tael.
In the first eight months of the year, the overall inflation was higher than the core inflation. This reflected that the price fluctuations were mainly due to the hike in prices of food, foodstuff, ga
The average Consumer Price Index (CPI) in the first half of 2019 increased 2.64 percent year-on-year, the lowest level over the last three years, according to the General Statistics Office (GSO).
The consumer price index (CPI) of Ho Chi Minh City rose 0.47 percent month-on-month in February and 3.58 percent over the same period last year, reported the city’s Statistics Office on February 28.