CPI

Update news CPI

Vietnam’s banks forecast 2014 inflation below 7% in 2014

Results of a recent survey by the State Bank of Vietnamshow that domestic credit institutions expected that inflation in 2014 will be around 6.74 percent and in December CPI will increase about 0.62%.

BUSINESS IN BRIEF 17/12

 CPI expected to rise 0.62%; Vietnam-Japan cooperation in software development; Rattan, bamboo processing have potential for large-scale production; SBV ends rate-lowering race; Beer prices rise as Tet approaches

Vietnam ranks 116/177 on corruption perceptions index

 VietNamNet Bridge - Vietnam ranked 116 out of 177 countries and territories with the same score as last year: 31/100 (0 indicates high level of corruption and 100 is very clean).

BUSINESS IN BRIEF 26/11

 First private Vietnamese investment project in US; Dunkin' Donuts enters Vietnam; Over US$1.4billion for central region expressway; November CPI kept at low level; Gold prices hit record low

BUSINESS IN BRIEF 29/10

 Pepper industry aims US$1 billion annual export target; HOSE, NYSE strengthen cooperation; HCM City welcomes Chinese businesses; Russia’s WTO membership impact on Vietnam

BUSINESS IN BRIEF 26/10

 Rising food costs bump up CPI in major cities; SBV restarts USD buy-back scheme; Auto show strikes upbeat note; Chinese firms to display produce; EU sends funding for local SMEs

PM presents 2014-2015 plans

VietNamNet Bridge – The nation has set to obtain an average economic growth rate of 6% per year in 2014-2015, according to PM Nguyen Tan Dung's Government report at the National Assembly's sixth session

BUSINESS IN BRIEF 19/10

 VN30 shares rise above domestic market growth; FDI wood exporters outstrip lagging domestic companies; Import tariff lines enjoy duty cuts; HCM City banks' bad debts still high

BUSINESS IN BRIEF 16/10

 October CPI likely to increase by 0.76%; Stock market boost expected from TPP; Local businesses going through crunch time; Southern economic hub to upgrade industrial parks

Vietnam’s inflation rate may exceed the 8% threshold in 2013

The consumer price index (CPI), after increasing by 0.83 percent in August, soared by another 1.06 percent in September. Analysts have warned the inflation rate in 2013 may go beyond 8 percent.

BUSINESS IN BRIEF 25/9

 September CPI up 1.06%; Saigon Co.op listed among top 500 Asian retailers; Vietnamese business forums to be held in Paris, Milan; Nine-month ODA disbursement hits US$3.1 billion

Vietnam suffers the dull “inflation ache”

 VietNamNet Bridge – Though the consumer price index (CPI) decreased in some of the last months, Vietnam has never escaped from the inflation ache.

Inflation woes hit poor migrants hardest

 VietNamNet Bridge – It is 8pm in a poor hamlet on the outskirts of Ha Noi. Inside a very small house, Nguyen Thi Tinh hurriedly prepares dinner for her family.

BUSINESS IN BRIEF 27/8

Trade deficit reaches $456m; VN Airlines offloads Techcombank shares, bonds as part of restructure; Russians open trade office; Healthcare hike lifts August CPI

BUSINESS IN BRIEF 24/8

 CPI to increase by 6.77% in 2013; Petrol prices slightly decrease; Plastic material import tax hike from 2014; VietinBank gets approval to expand; Smartlink cards increase coverage

BUSINESS IN BRIEF 1/8

 USTDA helps develop wind power in Vietnam; PM instructs thrift practice, anti wastefulness in SOEs; Masan, H.C. Stark set up venture to tap wolfram; Underground shopping complex opens in Hanoi

Six-month inventories fall on lower production

 VietNamNet Bridge – The total value of goods in stock declined in the first six months as production output was lower than in the same period last year,

Is inflation control target within reach?

VietNamNet Bridge – The latest statistics show that Vietnam is on track to keep inflation under control. However, experts warn there is no room for complacency as market prices fluctuate in the second half of the year.

Economy on right track to recovery

 VietNamNet Bridge – Viet Nam's economy was on the right track to recovery, with inflation no longer a great concern, according to Minister of Planning and Investment Bui Quang Vinh.

BUSINESS IN BRIEF 25/6

 Highway 1 expansion projects begin; Realty firms say rules forced them to build large condos; Latest export, import performances unveiled; Computer market bounces back: IDC