The consumer price index (CPI) of Ho Chi Minh City in August increased 0.48 percent against the previous month and 3.51 percent compared with the same period last year, the municipal Statistics Office reported on August 30.
HCM City (VNA) – The consumerprice index (CPI) of Ho Chi Minh City in August increased 0.48 percent againstthe previous month and 3.51 percent compared with the same period last year,the municipal Statistics Office reported on August 30.
Eight of 11 groups of commodities saw theirprices go up in the month, with the highest rise recorded in food and cateringservices at 0.84 percent month-on-month.
Other groups with hikes were housing,electricity, water, fuel and construction materials, up 0.75 percent; goods andother services, 0.46 percent; transport, 0.27 percent; household utensils, 0.21percent; culture, entertainment and tourism, 0.13 percent; and education, 0.1percent.
Some groups experienced a drop in theirprices such as clothing, hats and footwear, down 0.77 percent; post and telecommunications,0.05 percent; and medicine and health services, 0.12 percent. Beverages andtobacco remained stable.
In August, the gold price declined 0.19percent while that of the US dollar went up 1.18 percent against last month.
The country’s CPI in the month inched up0.45 percent month-on-month, and 3.89 percent from the same time last year,pushing up the eight-month figure to 3.52 percent year on year, according tothe General Statistics Office (GSO).
The GSO forecasts a rise in September’s CPIdue to price surge in education service, pork price, gas and gasoline.-VNA
The General Statistics Office reported that the CPI of Vietnam fell slightly by 0.09% in July. The figure represented a year-on-year increase of 4.46% and was up 2.13% against December 2017.
Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.
Vietnam’s consumer price index (CPI) in August inched up 0.45 percent month-on-month, and 3.89 percent from the same time last year, pushing up the eight-month figure to 3.52 percent year on year, according to the General Statistics Office (GSO).
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative image (Source: VNA) 
