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Improved business climate helps economy

Improved business climate helps economy

The Vietnamese economy grew 7.08% in 2018, the highest growth rate for the past 11 years, fuelled by an improved business climate, positive economic structure transformation and impressive exports, the latest updates from the General Statistics Office (GSO) revealed.

Average CPI up 3.54% in 2018

Average CPI up 3.54% in 2018

This year's average CPI expands 3.54% from 2017, meeting the target of curbing CPI below 4% set by the National Assembly.

This year’s CPI expands 3.54% from 2017: GSO

This year’s CPI expands 3.54% from 2017: GSO

2018 is considered a successful year in controlling inflation as the average consumer price index (CPI) rises by 3.54% from 2017 and 2.98% from last December, meeting the CPI growth target of under 4%.

Retail sales, services earn US$172 billion in 11 months

Retail sales, services earn US$172 billion in 11 months

Vietnam’s total revenue from retail sales and services has continued to grow strongly, reaching VND4 quadrillion (US$172 billion) in the first 11 months of this year, a year-on-year increase of 11.5%, according to the Statistics Office of Vietnam.

HCM City’s CPI falls 0.25% in November

HCM City’s CPI falls 0.25% in November

The consumer price index (CPI) of Ho Chi Minh City in November fell 0.25% against the previous month but increased 2.98% year-on-year, announced the city’s Department of Statistics on November 29.

Hanoi’s CPI drops in November

Hanoi’s CPI drops in November

The consumer price index (CPI) of Hanoi saw a decrease of 0.26% in November against the previous month and down 4.17% year-on-year, announced the city’s Department of Statistics.

Petro price hikes push Hanoi’s CPI up 0.24%

Petro price hikes push Hanoi’s CPI up 0.24%

Hanoi’s consumer price index (CPI) in October increased 0.24% month-on-month and 4.09% year on year as transport costs rose 1.42% due to the petrol price hikes, according to the Hanoi Statistics Department.

Ho Chi Minh City’s CPI up 0.64% in October

Ho Chi Minh City’s CPI up 0.64% in October

Ho Chi Minh City’s consumer price index went up 0.64% month-on-month and 3.42% year-on-year in October, announced the municipal Statistical Office on October 30.

CPI up 0.33% in October

CPI up 0.33% in October

The consumer price index (CPI) in October increased 0.33% against the previous month. Ten out of 11 groups of commodities and services posted price hikes, with the highest rise seen in transport.

Most goods categories witness price hikes in October

Most goods categories witness price hikes in October

Ten of the 11 goods categories have seen price increases in October, raising the consumer price index (CPI) by 0.33% from the previous month, according to the General Statistics Office (GSO).

Size of Vietnam’s economy expands by 1.3 folds in three years: PM

Size of Vietnam’s economy expands by 1.3 folds in three years: PM

Prime Minister Nguyen Xuan Phuc on October 22 highlighted the improvements in all aspects of Vietnam since 2016 while reporting on the country’s socio-economic situation this year and the development plan for 2019 to the National Assembly (NA) during its ongoing 6th session.

Inflation pressure weighs on Vietnam in final months

Inflation pressure weighs on Vietnam in final months

Although full-year inflation will probably be contained at less than 4%, the average consumer price index (CPI) in the first nine months of 2018 was already 3.57%, putting the efforts to curb inflation in the remainder of the year under even greater pressure.

Economic outlook for 2019 to see positive signs

Economic outlook for 2019 to see positive signs

VOV.VN - The Ministry of Planning and Investment has painted a rosy picture of the national economy in 2019 with GDP growth expected to grow at 6.6%-6.8% compared to 2018 and average consumer price index (CPI) at 4-5%.