Vietnamplus

The consumer price index (CPI) grew 3.32% in the third quarter and 2.73% in the first nine months. At the same time, core inflation rose 1.88%.

Vietnam’s consumer price index (CPI) in the third quarter of this year expanded 3.32% as compared with the corresponding time last year, the General Statistics Office (GSO) said at a press conference in Hanoi on September 29.

Petrol prices continued to be adjusted down in the latest adjustment made on September 21 by the Ministries of Industry and Trade, and Finance.

The Ministry of Finance (MoF) has proposed a reduction of the most favoured nation (MFN) tariff on a number of petrol products widely used in industrial production from 20% to 10% in an attempt to bring down the economy's input cost.

Petrol prices were reduced in the latest adjustment made on September 5 by the Ministries of Industry and Trade, and Finance.

Petrol prices were kept unchanged in the latest adjustment made on August 22 by the Ministries of Industry and Trade, and Finance, after five consecutive downward adjustments.

Fuel prices were reduced in the latest review on August 11 by the Ministry of Industry and Trade and the Ministry of Finance, the fifth consecutive time and the fourth significant drop.

The Vietnam National Petroleum Group ((Petrolimex) is adopting a range of solutions in order to complete production and business targets of the third quarter and the entire year of 2022 in the context of unforeseeable fluctuations in petrol prices.

Ho Chi Minh City’s Consumer Price Index (CPI) picked up 0.4% month-on-month in July, with the hike in the prices of most commodities and services slowing down, according to the municipal Statistics Office.

Petrol prices were adjusted down from 3pm on August 1 by the Ministries of Industry and Trade, and Finance, the fourth time in a row and the third significant decrease.

Falling petrol prices have given cheer to people and businesses and may stimulate consumer demand in the near future.

Petrol prices were adjusted down from 3pm on July 21 by the Ministries of Industry and Trade, and Finance, the third time in a row and the second significant decrease.

The price of petrol decreased by more than 3,000 VND (0.13 USD) per litre from 0:00 on July 11 following the latest adjustment of the Ministries of Industry and Trade, and Finance.

Petrol prices were adjusted down from 3pm on July 1 by the Ministries of Industry and Trade, and Finance, after seven consecutive increases.

Retail petrol prices were up by nearly 500 VND per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The retail prices of oil and petrol continued to rise from June 13 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.

The State Bank of Vietnam (SBV) has been consistent in its policy to strictly control the credit flows into areas with high risks such as real estate and securities, and the policy will continue to be implemented in 2022 and following years, said SBV Deputy Governor Dao Minh Tu at a regular Government press conference on June 4.

Ensuring flexibility in curbing rising petrol prices and settling bad debts of credit institutions were scrutinised by National Assembly deputies on June 1 at a debate on the implementation of socio-economic development plans and the state budget in 2021 and in the first months of 2022 during the legislature's ongoing third session.

The retail prices of oil and petrol continued to rise from June 1 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.

The retail prices of oil and petrol continued to rise from May 23 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.