return icon Vietnamnet.vn

CPI inches up 0.16 percent in May

Vietnam’s consumer price index (CPI) in May was up 0.16 percent agaisnt April and 2.9 percent from last year, reported the General Statistics Office (GSO) on May 29.

{keywords}

Compared to April, increases were seen in the prices of eight out of 11 main groups of goods and services, with transport taking the lead (0.76 percent) due to increasing petrol prices. It was followed by housing and construction materials (0.4 percent); electricity (2.54 percent); water (1.27 percent); food and catering services (0.04 percent); and equipment and household appliances 0.09 percent.

By contrast, prices of the three groups of culture, entertainment and tourism; post and telecommunication services; and garment-textile, headwear and footwear decreased by 0.23 percent, 0.15 percent, and 0.01 percent, respectively.

The index for the first five months of 2021 grew 1.29 percent year-on-year, the lowest growth rate since 2016.

Core inflation in May increased 0.15 percent month on month and 1.13 percent against the same period last year.

It expanded 0.82 percent in the first five months, lower than the period's 1.29 percent CPI, reflecting that the fluctuations in consumer prices were mainly due to increases in food, oil-petrol and gas prices.

The core inflation rates in May and the first five months of 2021 compared to the same periods last year were the lowest in the past five years.

 

VNA

Vietnam faces challenges to keep inflation under target: Experts

Vietnam faces challenges to keep inflation under target: Experts

Input cost inflation is the main concern for the second half of 2021.

MORE NEWS

Teen suicide: 'red warnings' ignored

According to statistics, about 2% of children suffer from depression. The rate is from 5% to 8% for adolescents. The rate is higher among children after puberty.

Prime Minister to host dialogue with farmers on May 29

Prime Minister Pham Minh Chinh will host a dialogue in Son La on May 29 with a participation of 500 delegates, including 300 typical farmers, cooperatives and enterprises in the agricultural field along with experts and scientists across the country.

Will housing prices cool down in late 2022?

The boost in sales and the slowdown of the land bank expansion are expected to help  land and house prices decrease in the remaining quarters of 2022, according to VNDirect Research.

Just 15 percent of urban wastewater treated

According to the Government's report, the total amount of wastewater collected and treated in urban areas is very low, only about 15 percent whereas wastewater in most rural residential areas is not treated.

Tight material supply impedes textile exports

Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply...

Stock, real estate markets too hot, need close supervision

The Government has submitted to the National Assembly a report about the implementation of the 2021 socio-economic development plan and the deployment of the 2022 plan.

Hoi An sampan riders: the hardships and the smiles

Entering a new normal phase after more than two years of being hit hard by the COVID-19 pandemic, sampan riders in Hoi An City are eager to get back to work, expecting prosperous, stable tourism development for the town.

HCM City to host Smart City Asia 2022

A Smart City Expo & Forum in Asia (Smart City Asia 2022) will be held at the Saigon Exhibition and Convention Centre in Ho Chi Minh City from May 26 to May 28.

Growth target of 6.5 percent remains big challenge: Deputy PM

The targets set for 2022, including the growth target of 6-6.5 percent, remain a huge challenge given the domestic and international situation, Deputy Prime Minister Le Van Thanh said at the third session of the 15th National Assembly in Hanoi.

What are Vietnamese searching on Google about SEA Games 31?

As expected, information related to football matches is what most Vietnamese are searching for during the 31st SEA Games on Google this year.

Short stories of SEA Games 31 on Tik Tok attract eight billion views

Short videos featuring images and competition activities of athletes during the 31st Southeast Asian Games (SEA Games 31) on Tik Tok attracted eight billion views.

Foreign arrivals soar two months after border reopening

The number of foreign visitors to Vietnam has increased rapidly with 252,000 arrivals after the government reopened borders on March 15, according to the Vietnam National Administration of Tourism (VNAT).

State budget overspending equivalent to 3.44 percent of GDP in 2020

The State budget overspending in 2020 stood at over 216.4 trillion VND (9.3 million USD), equivalent to 3.44 percent of GDP, statistics showed.

National Assembly says history must be compulsory school subject

The National Assembly’s Committee for Culture and Education has asked the Ministry of Education and Training (MOET) to list history as a compulsory learning subject under the 2018 general education program.

18-25 million tons of coal imports needed in 2022

Vietnam needs 18-25 million tons of imported coal to serve electricity and fertilizer production in 2022, according to Minister of Industry and Trade Nguyen Hong Dien.
back_to_top