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...
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%...
HCMC – The Ministry of Industry and Trade has ordered the market surveillance force to inspect those gas stations that have suspended operations and...
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...
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...
Dropping global consumption is a challenge for various industries in Vietnam and local businesses might lay off staff or scale down operations. Given runaway...
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...
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...