CPI

Update news CPI

Vietnamese businesses design new products targeting Gen Z

VietNamNet Bridge - Many Vietnamese companies have launched products and services specifically designed to target Generation Z, or customers born after 1995.

Vietnam cautious about economic growth for 2018

VietNamNet Bridge - Though it believes a 6.7 percent GDP growth rate in 2017 is ‘within reach’, the Ministry of Planning & Investment (MPI) has set a 6.5 percent growth rate for 2018.

GDP growth benefits for the poor lessening: economist

VietNamNet Bridge - The gap between the top 20 percent of the richest people and the lowest 20 per cent of the poor in Vietnam was 4.4 times in 1993, but the figure was 10 times in 2016. 

Stock market on the rise, foreign funds divest shares

VietNamNet Bridge - The VN Index has increased by 14.4 percent this year, staying firmly at the 9-year peak. However, many divestment deals have been made by foreign investment funds.  

Inflation may return by the end of 2017: analysts

VietNamNet Bridge - It will be difficult to curb inflation if unreasonable measures are used to reach a GDP growth rate of 6.7 percent and low inflation rate of 4 percent in 2017.

6.7 percent GDP growth rate not impossible: Minister

“GDP growth has important significance for Vietnam as it creates resources for investment & development, generates jobs, and increases the budget revenue,” said Nguyen Chi Dung, Minister of Planning and Investment (MPI).

Vietnam's GDP remains low despite great advantages

VietNamNet Bridge - The low GDP growth rate in the first quarter of 2017 is a hot topic of discussion at the ongoing National Assembly session. 

6.7 percent GDP growth rate challenge for Vietnam: economists

VietNamNet Bridge - To obtain a 6.7 percent GDP growth rate in 2017, Vietnam needs to change its economic structure, experts say. 

Economists, gov't differ on whether GDP growth rate is attainable

VietNamNet Bridge - The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.

Will high inflation return in 2017?

VietNamNet Bridge - The government successfully reined in the inflation rate at below 5 percent in 2016 as planned. However, curbing inflation will be a difficult task for 2017.

$1 billion milestone within reach for Vietnamese businesses

VietNamNet Bridge - In South East Asia, a business with capitalization value of $1 billion, or VND22.4 trillion, would be listed as a medium-size company. However, for Vietnamese, $1 billion is considered a milestone for many businesses.

How are foreign banks performing in Vietnam?

VietNamNet Bridge - About 70-80 percent of the profit made by foreign banks comes from services, while credit makes up 10-15 percent.

Where are the logistics services for agriculture?

VietNamNet Bridge - The recently released World Bank report about farm produce supply chain shows worrying issues about Vietnam’s agriculture.

Will a focus on consumption serve as the economic springboard for Vietnam?

VietNamNet Bridge - Economists have urged the government to reconsider the role of consumption and select it as the springboard to promote economic growth in the future.

Investors still lust for e-commerce profits

VietNamNet Bridge - Vietnam has set the ambitious goal of achieving $10 billion in revenue from e-commerce by 2020. The figure was $4.07 billion in 2015.

Foreign funds develop new strategies

VietNamNet Bridge - Though it has $112 million in a new fund, Mekong Capital has chosen to invest in only two companies, a sign that foreign investors have changed funding strategies.  

Real estate market heats up thanks to remittance flow

VietNamNet Bridge - One fifth of the kieu hoi (overseas remittance) volume in 2015 has gone into the real estate sector, according to the State Bank of Vietnam (SBV).

Fear of Inflation has returned as petrol price rises

VietNamNet Bridge - The petrol price increase was the major cause behind the higher consumer price index (CPI) in April, the highest increase in the last five years in the same period.  

Taxation bodies keep keen eye on franchisers

VietNamNet Bridge - The HCM City Taxation Agency has vowed to keep a keen eye on businesses which have conducted capital transfer deals and paid royalty fees to holding companies.

Vietnam buys many Chinese goods, from onions to cars

VietNamNet Bridge - All Chinese goods can be sold in Vietnam, from farm produce to automobiles, from toothpicks to electronics and from clothes to thermopower technologies.