Deputy Director of the Price Management Department Pham Van Binh held that with the CPI growth rate as recorded in the first six months of 2023, there is a high hope to control inflation this year, enabling the flexible adjustments...
If Viet Nam could control inflation cautiously and proactively, the CPI for the whole of 2021 would rise by below 3 per cent, said an expert in Ha Noi last week.
Viet Nam’s consumer price index (CPI) in January hit a record high, up 1.23 per cent over the previous month and 6.43 per cent year on year, according to the General Statistics Office (GSO).
The total retail sales and service revenue earned in the first quarter
this year was VND790.8 trillion (US$37.13 billion), according to data
from the General Statistics Office (GSO).
The National Assembly approved socio-economic development targets for
2015, including in GDP and CPI growth. Nguyen Thanh Binh, deputy
director of the Ha Noi Institute for Socio-Economic Development Studies,
spoke to Viet Nam News about the country''s potential for reaching these
goals.
Falling petrol prices, longer financing arrangements and rising consumer
confidence are pushing Vietnamese car buyers towards bigger and more
expensive cars.