Cpi

Four-month CPI growth lowest in three years: GSO Vietnam recorded a year-on-year rise of over 2.7 per cent in consumer price index (CPI) in the first four months of this year, marking the lowest rate of increase seen in three years, according to the General Statistics Office.   … [Read more...] about Different scenarios for Vietnam’s CPI in 2019 outlined

Hanoi (VNA) – Vietnam’s consumer price index (CPI) in February and March will be lower than that in the previous month if the acute respiratory disease caused by the novel of the coronavirus (Covid-19) ends in Q1, according to the General Statistics Office (GSO). Pharmaceutical and electricity prices are likely to rise in the coming time due to the Covid-19 outbreak, according to the GSO. On the contrary, the prices of meat and vegetable, catering and tourism services, hotels and entertainment may decline due to a downward trend in consumer’s demand. The GSO predicts that food and foodstuff prices will surge, regardless of whether the Covid-19 outbreak ends in the first quarter of 2020 or continues afterwards. In the first scenario, the prices of food, beverages and garment-textile strongly rise in the Lunar New Year holiday due to increasing demand then stabilise in line with consumption rule, with the Covid-19 ending in Q1. In that case, this year’s CPI … [Read more...] about CPI projected to decline in next two months

Prices of goods under State watch should be kept unchanged to curb inflation: GSO The Government should not raise the prices of any products under its management, especially medicines, fuels and electricity, in the first half of 2020 to keep the full-year inflation rate under control, stated the General Statistics Office.   … [Read more...] about Money oversupply increases core inflation

In domestic telecoms, Viettel’s key growth motivation in 2019 is the turnover recorded from data service. Data service is expected to continue playing a key role in helping the group achieve growth in telecoms this year because data usage in Vietnam is still lower than that in the region. On average, a customer in Vietnam uses 5-7G of data a month while those in Laos or Cambodia use 12-15G per customer a month. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 13

Meanwhile, according to Nguyễn Như So, chairman of the Dabaco Việt Nam Group’s board of directors, the price of live hogs is between VNĐ73,000-76,000 per kilo depending on the region and the average price is about VNĐ75,000. … [Read more...] about Pork price dives under VND75,000 per kilo