VOV.VN - The goal of maintaining inflation at 4% this year will be threatened unless viable solutions are introduced in a bid to rein in rapidly-increasing petrol prices, according to economic experts.

Vietnam’s consumer price index (CPI) in the first five months of the year edged up 2.25% year-on-year while core inflation rose by 1.1%, according to the General Statistics Office (GSO).

VOV.VN - Retail prices of petrol in Vietnam rose nearly VND700 to more than VND30,000/litre on May 23, setting a new record in the domestic petrol market.

VOV.VN - Domestic petrol prices reached new highs following adjustments by the Ministry of Finance and the Ministry of Industry and Trade on May 11.

VOV.VN - The retail price of petrol witnessed an increase of more than VND300/litre as of 3 p.m. on May 4 following the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance.

The consumer price index (CPI) in April rose 0.18% over the previous month and 2.64% year on year, according to the General Statistics Office (GSO).

The Ministry of Finance (MoF) has proposed the Government cut the most favoured nation (MFN) tariff on unleaded petrol from the current rate of 20% to 12%.

VOV.VN - The retail price of petrol fell by more than VND830 per litre as of 3 p.m. on April 12 following the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance.

While the reduced environmental protection tax lowered petrol prices from April 1, most transport enterprises are struggling.

VOV.VN - The consumer price index (CPI) in the first quarter of the year rose by 1.92%, representing the lowest increase since 2017, with the exception of 2021, although the inflationary pressure will remain high until the end of the year, according to a senior statistician.