Inflationary pressure may increase between now and the year’s end due to impacts of multiple factors, requiring the Government to take proactive and flexible actions, some experts have said.
Vietnam’s industry sector has seen continuous recovery with the index of industrial production (IIP) expanding 6.0% year on year in the first four months of this year, according to the Ministry of Industry and Trade (MoIT).
Current exchange rate fluctuations still fall within the controlled range of the State Bank of Vietnam, without necessitating usage of foreign exchange reserves for intervention, Nguyen Ba Hung, Chief Economist of the Asian Development Bank (ADB) in Vietnam, has said.
VOV.VN - Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) rose back above the 50.0 no change mark in April, posting 50.3 from 49.9 in March, according to international independent credit rating data source and index provider Standard & Poor’s Global (S&P Global).
VOV.VN - Vietnam’s consumer price index (CPI) in April edged up 0.07% month on month and 4.4% year on year which was fuelled by a petroleum price hike and other factors, according to a report released on April 29 by the General Statistics Office (GSO).
The northeastern province of Quang Ninh again secured its top place in the Public Administrative Reform (PAR) Index ranking in 2023 which was announced by the Government’s Steering Committee for Administrative Reform on April 17.
VOV.VN - Hanoi has moved up three places from last year to reach 97th in the 2024 Smart City Index, as compiled by the International Institute for Management Development of Switzerland.
Processing and manufacturing enterprises have forecast better performance in Quarter 2 despite global headwinds posed by conflicts and high production costs, according to the General Statistics Office (GSO)’s survey.
The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over VND5.22 quadrillion (US$208.5 million) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.
VOV.VN - The 15th Provincial Governance and Public Administration Performance Index (PAPI) report was released on April 2, indicating progress made in citizen’s perceptions of local anti-corruption efforts and e-governance.