VOV.VN - The recent surges in the price of food and petrol has led to the consumer price index (CPI) to rise by 1.92% in the first quarter of the year while core inflation also soared by 0.81%, the General Statistics Office (GSO) announced on March 29.
Many silver linings were seen in Vietnam’s economy last month like high industrial production index, export revenue up more than 10% and curbed inflation.
VOV.VN - Amid the current complicated COVID-19 situation, coupled with the rapidly spreading Omicron variant, Prime Minister Pham Minh Chinh has called on the political system, people, and business community to redouble efforts to deal with new difficulties ahead.
VOV.VN - High domestic petrol prices have put greater pressure on production and business services, especially on transportation and production of consumer goods that fall victim to recent price hikes.
VOV.VN - Vietnam’s consumer price index (CPI) in February increased by 1% month on month, 1.42% year on year and 1.2% compared to December 2021, the General Statistics Office (GSO) announced on February 28.
VOV.VN - Vietnam’s merchandise trade balance remains in surplus, despite an export slowdown, while FDI commitment and disbursement enjoyed a solid start to the year, according to the “Vietnam Macro Monitoring” monthly report released by the World Bank.
The Ministry of Finance's Department of Price Management (DPM) has proposed several solutions to curb the rising tendency of inflation after the Lunar New Year (Tet) holiday.
Experts have forecast that inflation will remain under control in 2022 although there will be pressure in the year.
Input cost increases have forced manufacturers to increase selling prices. However, purchasing power is weak, which is a warning about a tough year ahead.
Vietnam's Consumer Price Index edged up 1.84% year-on-year in 2021, the lowest ever recorded since 2016, according to the General Statistics Office.