Tags: percent

HCM City CPI down in June

HCM City CPI down in June

HCM City’s June Consumer Price Index fell by 0.43 percent against the previous month but increased by 6.01 percent year- one- year, the municipal Statistics Department reported.

Rate cut does not mean easy money for firms

Rate cut does not mean easy money for firms

The State Bank of Vietnam (SBV) early last week cut the ceiling deposit rate for the fourth time in four months as the over regulated market start to mellow.

Purchasing power shows recovery

Purchasing power shows recovery

Residents' purchasing power tends to rise slightly and is reflected in a month-on-month increase of 0.6 percent of the total retail sales value of goods and services.

A third scenario for national economy?

A third scenario for national economy?

Lawmakers are asking the government to draft a new scenario for the national economy, as the economic slowdown is looming large and the 6-6.5 percent GDP target set for this year is unlikely to be met.

Retail sales reach US$8.4 billion in November

Retail sales reach US$8.4 billion in November

National retail sales were valued at around VND176.4 trillion (US$8.4 billion) in November, an increase of 1 percent against last month, according to the General Statistics Office (GSO).

"There is an art to managing interest rates"

"There is an art to managing interest rates"

It is difficult to know how long the State Bank of Vietnam should maintain interest rates at 14 percent per year, or when it should remove this ceiling and allow capital to flow smoothly to avoid the vicious cycle of inflation.

Traffic helmets push death toll down by 12 percent

Traffic helmets push death toll down by 12 percent

Injury and fatality rates among road users have declined by 24 percent and 12 percent respectively since the implementation of the government’s resolution 32/2007/NQ-CP on traffic safety, according to the National Traffic Safety Committee.

Number of third-borns rises by 1 percent

The Ministry of Health has reported as many as 27,450 new third-born children in the first quarter, an increase of one percent over the same period last year. The figure is predicted to rise to more than 60,360 children by the end of the second quarter.