The average price of Vietnam’s tra fish (pangasius) exported to the US increased sharply in the first quarter of this year to the highest ever level of US$4.5 per kilogramme, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Coal mining enterprises are bullish about their business operations on high coal demand, after positive results in the first quarter of 2022 with many exceeding targets.
About 80-90% of fixed-route transport firms have adjusted their fares up by 10-15% to offset mounting fuel costs, according to a Ministry of Transport (MoT) report submitted to the Prime Minister, assessing the impact of higher fuel prices.
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.
Tight timber supply, coupled with transport delays, has been holding back furniture manufacturers, exposing the need for domestic substitution for imported timber.
Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors (VACC).
VOV.VN - Vietnam offers advantages when its rice is traded in the international market thanks to its high-quality and reasonable prices, according to the Vietnam Food Association (VFA).
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%.
Vietnam is likely to complete its target of 6.5% in economic growth for 2022, but the goal of keeping the inflation rate under 4% is tough, according to Assoc. Dr. To Trung Thanh from the National Economics University (NEU).