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.

The Ministry of Industry and Trade (MoIT) has instructed relevant agencies to ensure the supply of petrol, MoIT Deputy Minister Do Thang Hai said at the Government’s regular press conference for February on March 3.

VOV.VN - Gold bar prices in Vietnam skyrocketed to more than VND67 million per tael, the highest recorded figure in history on March 2 after nosediving to VND66 million per tael the previous day.

VOV.VN - Retail petrol prices climbed to reach a new peak as of 3 p.m. on March 1 following the Ministry of Industry and Trade and the Ministry of Finance adjusting prices upwards for the sixth time in a row.

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 - Local gold prices continued to rise on February 25, reaching approximately VND67 million per tael.

VOV.VN - Local gold prices passed historical highs set a few days ago to reach nearly VND65 million per tael on February 24.

VOV.VN - Domestic gold prices have witnessed a sharp fluctuation these days, hitting a new all-time high of approximately VND64 million per tael on February 22 amid the current impact of the global market.

Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT).