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Vietnam Economy

Vietnam’s CPI inches up 3.15% in 2022

Hong Ngan -
HCMC – Vietnam’s consumer price index (CPI) in 2022 rose 3.15% year-on-year, lower than the National Assembly target of 4%, according to the General...
In the news

The situation is now different

Hong Ngan -
The State Bank of Vietnam’s (SBV) recent decisions to hike key interest rates, widen the trading band of the Vietnamese dong, and actively engage...
Vietnam Economy

Rumors of sharp consumer price rises denied

Dat Thanh -
HCMC – The head of the Price Statistics Department at the General Statistics Office (GSO), Nguyen Thu Oanh, has rejected rumors that consumer prices have soared 10-20%...
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Industry ministry orders inspections of gas stations suspending operations

Kim Ngan -
 HCMC – The Ministry of Industry and Trade has ordered the market surveillance force to inspect those gas stations that have suspended operations and...
In the news

Enterprises fret over economic turbulence

Nhu Phu -
The exchange rate and market volatility, alongside inflation, have been challenging many enterprises in Vietnam regarding domestic consumption and import-export management. A plunge of consumption In...
News

HSBC: Vietnam’s inflation looms large

Dat Thanh -
HCMC – Inflation has surpassed Vietnam’s target despite the country’s efforts to keep it under control, according to HSBC Global Research. The State Bank of...
In the news

Inflation bites

Nhu Phu -
Dropping global consumption is a challenge for various industries in Vietnam and local businesses might lay off staff or scale down operations. Given runaway...
News

Govt projects GDP growth at 6.5% next year

Dat Thanh -
HCMC – The Government has projected the country’s gross domestic product (GDP) growth at 6.5% in 2023, saying it is achievable despite challenges ahead. The...
In the news

Contrasting colors

Hong Ngan -
Overall, the HCMC economy has changed for the better, but certain industries have yet to get back to stable growth. Woodworking industry faces uncertainty While several...
News

Exports of wood products decline after years of growth

Do An -
HCMC – After years of double-digit growth, the wood products export value in the first eight months fell by 3% year-on-year, according to the...
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