More than one million foreigners have arrived Hanoi in the first six months this year, up 20 percent from a year ago.
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.
Vietnam continues leading other pepper exporters in the world, accounting for 40 – 50 percent of the global volume.
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.
The consumer sector, with its high growth rate, is expected to be the target for merger and acquisition (M&A) deals in the coming years.
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.
The State Bank of Vietnam (SBV) may reduce deposit interest rates to 9 percent per year to cut loan rates and help businesses.
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.
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).
Vietnam is set to achieve a GDP growth of between 6-6.5 percent and a 13 percent increase in export turnover in 2012.
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.
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.
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.