Surprise jump in CPI this month

The nation’s consumer price index (CPI) in March rose 0.75 percent over the previous month and 9.46 percent year-on-year, helping the first quarter CPI jump 8.51 percent against the same period last year.

The General Statistics Office (GSO) reported that 10 out of 11 commodity groups recorded increases of between 0.15 percent and 1.38 percent, but post and telecommunication services dropped by 0.2 percent as a result of promotions and discount programmes.

BIMSTEC to set up energy centre in India

Seven members of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in the south and southeast Asia have agreed to set up an energy centre in India to develop energy grid interconnection, infrastructure and energy efficiency.

Bird flu heads south

Every effort is being implemented to prevent the continuous spread of the A/H5N1 virus in the two provinces of Ca Mau and Ha Tinh’s flocks, after thousands of affected birds have been culled.

Moscow Deputy Mayor visits Hanoi

Deputy Prime Minister Hoang Trung Hai received a delegation from Moscow , Russia , led by the city’s First Deputy Mayor Vladimir Resin in Hanoi on February 22.

Another oil-rig to be installed in Big Bear oil-field

An engineering, procurement, construction and installation (EPCI) contract for an oil-rig in the Big Bear oil-field was signed between Vietsovpetro (VSP) and the Dai Hung PetroVietnam Exploration and Production Corp. (PVEP Dai Hung) in Hanoi on Feb. 9.

Laos plans railway project

Laos will make the construction of a national railway system, a goal in its socio-economic development plan for the next five years.

Inter-Korean summit still at standstill

Delegations from the Republic of Korea (RoK) and the Democratic People’s Republic of Korea (DPRK) ended their second round of negotiation over the last month on developing their joint industrial complex in Kaesong without reaching any positive results.