CPI

Update news CPI

BUSINESS IN BRIEF 24/3

Japanese firms keen on support industry; Vietnamese giants eye Myanmar market; Banks see increase in outstanding loans; HCM City’s March CPI down 0.29 pct; First FDI highway project in Vietnam

Fear about electricity shortage blazed up

The precocious summer this year with the sun turning up right in early March has led to the higher than expected electricity consumption.

Travel firms don’t cooperate to overcome difficulties, but try to sink others

Travel firms complain that their business have never been so bad. Not only facing the sharp fall in the number of travelers, they have also struggle to escape the tricks played by rivals.

Vietnam vows to restrain prices to curb inflation

VietNamNet Bridge – The price increases scheduled for public services and essential goods are believed to trigger new price increase waves.

Foreign retailers expand business, dominating retail market

While foreign retailers have been unceasingly expanding their business by setting up more retail stores, domestic have to scale down their business because of the big losses

Inflation holds steady despite Tet demand

VietNamNet Bridge – The consumer price index (CPI) in February rose by only 1.32 per cent against the previous month, lower than expected thanks to abundant supplies of essential commodities,

The five “hottest” jobs in Vietnam which can bring huge incomes

Taking care of women who have just had childbirth, taking care of patients, repairing shoes and keeping cars and motorbikes have been listed as the “hottest jobs”.

BUSINESS IN BRIEF 17/2

Binh Dinh looks to make fisheries key growth sector; City sets target of achieving high export turnover, PM okays restructuring plan for Vinatex, Vinacomin

BUSINESS IN BRIEF 15/2

Building material industry needs support to overcome economic difficulties; Free chat software market heats up with competition; Viet Nam becomes largest investor in Laos

Vietnam’s story about economic growth and inflation

VietNamNet Bridge – The government plans to pump huge amounts of capital into circulation to rescue the real estate market and settle bad debts. Will this make the high inflation return?

Vietnamese practice thrift in celebrating Tet

The majority of Vietnamese people spend less money on the Tet of Snake than the previous years.

Vietnam’s stock market to prosper in 2013: analysts

Analysts all keep optimistic when giving predictions about the stock market performance in 2013 after several years of staying gloomy.

Businesses died in masses in 2012, but keep optimistic outlook for 2013

VietNamNet Bridge – Vietnamese businesses, both state owned and non-state owned, suffered big difficulties in 2012.

Economists say deflation, not inflation, is big worry for now

Vietnam feels joyful about its success in fighting against inflation, but deflation should be seen as a more serious problem, economists say.

Luxurious food and drink still in high demand

VietNamNet Bridge – The luxurious food and drink market has become boisterous. In fact, it has never been hurt by the economic crisis.

Having to make higher provisions, banks threaten to break lending

Commercial banks have warned that the credit flow may get stuck when the new regulation on debt classification takes effects on June 1, 2013.

Cabinet meeting focuses on ensuring joyful Tet

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung has underlined the need to implement solutions agreed upon this year in an appropriate and effective manner.

Having no jobs, businesses start Tet holidays sooner than expected

A lot of businesses have decided that their staff would start the Lunar New Year holiday two weeks before Tet, because they don’t think that the operation on the last days of the Year of Dragon would help bring more revenue.

When Vietnamese CEOs “travel incognito”

The owners of Trung Nguyen coffee, Vinaxuki automobile, My Hao cosmetics and Bibica sweets brands have been going to retail markets to survey the purchasing power, assembling cars and selling products themselves.

BUSINESS IN BRIEF 26/1

Phu Quy wind farm opens; Exports soar 43 percent in January; Real estate absorbs 23 percent of FDI; Cell phone buying energy not as strong as expected; Sanyo layoffs part of wider unemployment problem