Finance Ministry announces State budget estimates for 2022

Finance Ministry announces State budget estimates for 2022

State budget collection in 2022 is expected to reach over 1.41 quadrillion VND (61.7 billion USD), while expenditure is estimated at about 1.78 quadrillion VND (78.05 billion USD), up 4.5 percent compared to that in 2021, according to a report on State budget estimates for 2022 that has been made public by the Ministry of Finance.
Hanoi sees September CPI down 0.6 percent over previous month

Hanoi sees September CPI down 0.6 percent over previous month

Hanoi's consumer price index (CPI) in September decreased by 0.6 percent compared to the previous month and increased by 2 percent over the same period last year, according to the city's Department of Statistics.
Consumer price increase drops to record low since 2016

Consumer price increase drops to record low since 2016

Vietnam’s consumer price index (CPI) for the first eight months of 2021 dropped to a record low since 2016.
Social distancing orders take toll on economic prospects

Social distancing orders take toll on economic prospects

The health crisis is becoming increasingly complex and expected to continue drawing a grey economic picture in the region.
Rising trends likely to persist for 2021 consumer price data

Rising trends likely to persist for 2021 consumer price data

On the back of reopening global economies and a rising crude oil price, Vietnam’s inflation target for 2021 may be harder to achieve, with regulating government bodies attempting to manoeuvre through the year while keeping inflation pressure at bay.
Keeping inflation in the sweet spot

Keeping inflation in the sweet spot

The government will attempt to successfully control inflation this year with demand potentially failing to fully recover, despite a rise in local consumption.
Sustaining economic gains amid COVID-19 of first importance: Official

Sustaining economic gains amid COVID-19 of first importance: Official

Keeping the coronavirus at bay and sustaining economic achievements are now of the first importance to the government and the political system, from central to local levels, due to the complexity of the latest COVID-19 outbreak, Minister-Chairman of Government Office Tran Van Son told the monthly Government press conference on May 5.
On track to inflation target despite robust CPI rise

On track to inflation target despite robust CPI rise

As the pandemic is slowly coming under control in some countries around the world, enabling economies to recover slowly but surely, Vietnam has seen the highest rise in consumer price index in February of the past eight years. Nevertheless, financial experts remain confident that the National Assembly’s inflation targets will still be met in 2021.
CPI produces record growth in February

CPI produces record growth in February

Hiking prices over the Lunar New Year holiday, as well as the end of the EVN's power-price assistance programme, have lead to a record increase of the CPI.
2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF

2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF

The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and an average consumer price index (CPI) of 4.2 percent under an optimistic scenario.
Consumer price index (CPI) prediction in 2021

Consumer price index (CPI) prediction in 2021

According to the General Statistics Office, the consumer price index (CPI) in January 2021 inched only slightly up by 0.06 per cent against December 2020. 
PM: More measures needed to deal with natural disaster consequences

PM: More measures needed to deal with natural disaster consequences

Prime Minister Nguyen Xuan Phuc on December 2 ordered more efficient measures to overcome consequences caused by natural disasters and help affected residents return to their normal lives.
September CPI up 0.12 percent (Infographics)

September CPI up 0.12 percent (Infographics)

The September CPI increased 0.12 percent from last month, 0.01 percent from December 2019, and 2.98 percent from a year earlier.
Pork and oil prices key to keeping inflation under control: experts

Pork and oil prices key to keeping inflation under control: experts

With huge inflation pressure on the way in the remaining months of this year, a close watch must be kept on the prices of key products like oil and pork to hit the goal of keeping inflation below 4 per cent, experts have said.
CPI must be kept below 4 pct. this year: PM

CPI must be kept below 4 pct. this year: PM

Vietnam’s CPI this year must be controlled and grow by less than 4 percent, and this is one of the tasks to develop the economy during the remaining months of 2020, Prime Minister Nguyen Xuan Phuc said on July 1.
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