CPI

Update news CPI

Foreign money pouring strongly into Vietnam’s stock market

VietNamNet Bridge – The VN Index has increased by 25 percent so far this year, turning Vietnam into the fastest growing market in South East Asia.

Purchasing power gets weaker than ever

VietNamNet Bridge – Small merchants have been sitting idle, while manufacturers have to scale down the production, saying that they have never seen such a low purchasing power before.

The specter of inflation more worrying than deflation

Despite the low CPI increases over the last several consecutive months, the government of Vietnam does not intend to hurriedly loosen the monetary policy for the fear about the high inflation.

BUSINESS IN BRIEF 31/5

 Social fund seeks investment methods; Higher legal capital likely at realty firms; Realty indices are nowhere to be found; Price falls hit chicken farmers; Five-month FDI totals US$8.5 billion

Big differences in statistics make economists puzzled

Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.

Difficulties attack long distance transportation firms from all four sides

Airlines have to reduce the airfare continuously, while road passenger carriers have scaled down their business or sell coaches to pay debts.

Oversupply predicted for Vietnamese beer market

VietNamNet Bridge – Though the consumption level has been increasing rapidly, having reached 3 billion liters per annum, Vietnam still has 10 percent of output in excess.

SBV overhasty in loosening monetary policy?

The State Bank of Vietnam (SBV) has been warned against the hastiness in regulating the money policy. Vietnam would have to pay a heavy price for the decision to slash interest rates at unreasonable moments.

BUSINESS IN BRIEF 24/5

 Revealing real estate tricks of the trade; Measures to help businesses through crunch time; Spain supports Vietnam’s sustainable tourism; Improvement marked for labour export firms

Positive signs on economy as NA meets

VietNamNet Bridge – The economy showed positive signs in the first quarter of this year, the National Assembly Standing Committee was told yesterday. It was also told that GDP growth hit 4.89 per cent, up from 4.75 percent

In economic crisis, food industry still can grow strongly

The Vietnamese market is large enough to receive more food producers, especially dairy producers. In crisis, people have to cut the budget on traveling and entertainment, but they still have to spend money on food.

The three big guys who failed to conquer the Vietnamese beer market

It’s still too early to say Aneuser-Busch Inbev (AB Inbev) would be a big threat to the existing brewery manufacturers in Vietnam. Three big guys in the field once had to leave the Vietnamese market.

Interest rates going down and will decrease more sharply

Vietcombank, one of the biggest commercial banks in Vietnam, has pioneered in slashing the deposit interest rate to 6 percent per annum. Other banks have unanimously reduced the lending interest rates.

How big is Vietnam’s public debt, $128.9 or $66.8 billion?

The economic development model which relies much on the investment capital increase is believed to be the “culprit” that causes the high public debt.

CPI barely grows given poor demand

VietNamNet Bridge – The demand for essential and consumer goods has slowed as local buyers are trying to make ends meet with their meager incomes, and this is the main reason for the low growth

BUSINESS IN BRIEF 1/5

PM: Better conditions needed to attract investment; Petrol price down 310 dong a liter; Asset management company set for launch; WB approves credit for Da Nang's sustainable development

BUSINESS IN BRIEF 28/4

Capital industrial production soars; As prices fall, offices attract tenants; Lotte’s ‘ao dai’ tower rises higher in Hanoi; Foreign eyes light up at new M&A deals; SBV stalls asset regulations as companies feel the pinch

Low CPI increase raises worries

It’s foreseeable that the consumer price index (CPI) only increases very slightly in April, though the General Statistics Office will only release the CPI report later this month.

Government thinks too much when rescuing businesses

The national economy remains very pale, while businesses have died like flies. Meanwhile, the government is still busy with particular calculation when mapping out the solutions to rescue businesses.

BUSINESS IN BRIEF 24/4

 Vietnam, China deal on farm produce trading; Hanoi and HCM City CPI down in April; Eximbank lends US$100 million to Vietnam Airlines for B787; Garment exports pick up