Vietnam’s consumer price index (CPI) in February was up 1.52% over the previous month and 0.7% year on year, according to the General Statistics Office (GSO).

Demand for consumer goods during Tet in Ho Chi Minh City was higher than last year despite the economic impacts of COVID-19.

Consumer prices in Ho Chi Minh City showed slight fluctuations on February 16, or the fifth day of the new lunar year and the last day of the Lunar New Year (Tet) holiday, with most traders in wet markets resuming business.

Total retail sales of goods and revenue from consumer services in January are estimated at VND479.9 trillion (nearly US$20.77 billion), up 3.7% month-on-month and 6.4% year-on-year, according to the General Statistics Office (GSO).

The consumer price index (CPI) inched up 0.06% in January against December last year, and down 0.97% year-on-year, according to the General Statistics Office of Vietnam (GSO).

The Ministry of Industry and Trade (MoIT) recently issued Directive No.15 on the implementation of measures to ensure essential consumer goods during the upcoming Lunar New Year (Tet) holiday and to stabilise the market.

VOV.VN - The country's economic growth was recorded at 4.5% during the last quarter of 2020, representing an annual growth rate of 2.9%, thereby making it one of the fastest growing economies in the world, according to the World Bank (WB).

Credit growth in Vietnam may reach 13-14% this year, partly driven by progress with the COVID-19 vaccine, according to a 2021 banking outlook report released by the SSI Securities Corporation on January 6.

VOV.VN - Vietnam is likely to meet its target of reining in inflation at a rate of below 4% in 2021, although experts warn that unfavourable factors could impact market fluctuations.

Vietnam’s total revenue from retail trade and services reached over VND5 quadrillion (US$219.5 billion) in 2020, representing a modest yearly rise of 2.6%, according to the General Statistics Office (GSO).