Increased domestic fuel prices and slow production recovery after two storms are the main reasons for the rise, according to the General Statistics Office.
A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Việt Nam Coffee-Cocoa Association (Vicofa).
In the primary market, the average selling price of condominiums in Hà Nội reached VNĐ64 million per sq.m (excluding VAT and maintenance fees), only three per cent lower than the current average price in HCM City.
The domestic gold market shone last week, with prices of gold rings continuously breaking records and even surpassing the buying price of SJC gold bars.
HCM City''s average CPI in the first seven months of this year rose by 3.29 per cent, with 10 out of the 11 categories seeing price increases. The highest rise was seen in the group of medicines and healthcare services,...
The consumer price index (CPI) rose 0.48 per cent in July on rising domestic petrol prices, higher demand for electricity and higher health insurance premiums following a 30 per cent increase in base salary from the beginning of this month,...
Although electricity prices were increased twice in 2023, Việt Nam Electricity (EVN) reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on rising electricity production costs, according to its audited financial report.
The GSO largely attributed the growth of core inflation to rising costs of food, electricity, education, and healthcare services, which are excluded from its calculation.
Ministries and sectors need to keep a close watch on the market developments, and roll out measures to ensure domestic supply-demand balance and stabilise prices.
Total petrol import and production during the first four months of the year reached 7,88 million tonnes, or 9,93 million cubic metres with import accounting for 43.73 per cent.
The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at VNĐ0-2,590.85 per kWh for this year.