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From its peak, petrol prices have fallen by 20.7-25.6 percent to the level of five months ago. However, food and foodstuff prices have not dropped.
Although gasoline prices have dropped sharply, many products have merely decreased slightly or kept their old prices.
Despite the global economy enduring an array of unpredictable fluctuations, the timely introduction and effective implementation of Government policies have contributed to Vietnam avoiding external shocks whilst also promoting growth.
Falling petrol prices have given cheer to people and businesses and may stimulate consumer demand in the near future.
As the financial report season begins, besides companies announcing large profits with strong growth, many saw great losses in the second quarter of 2022.
Heavyweight stocks dragged Vietnamese’s blue-chip share indices lower on Tuesday, pressuring the overall stock market amid weakening market sentiment.
Apartment prices in Hanoi have been increasing, now hovering around VND40 million per sq m.
Deputy Prime Minister Le Van Thanh on July 25 signed a decision approving the project on tasks and solutions to implement outcomes of the 26th United Nations Climate Change Conference of the Parties (COP26).
An inter-sector signing ceremony for a commitment to boost efforts in preventing child drowning in Vietnam was held on Monday.
Ho Chi Minh City has called on US enterprises to invest in 10 major projects of the city, especially those in infrastructure construction.
Several commercial banks reported profits higher than VND10 trillion for the first half of the year.
Eleven Vietnamese fruits have been allowed to be exported to China through official channels. However, Chinese consumption decreased during the pandemic, and, as a result, Vietnam’s exports to the market fell by $400 million in H1.
The first phase of Vietnam’s largest waste-to-power plant became operational on July 25.
Vietnam trounced Singapore 9-0 in their opening Group A game at the AFF U18 Women’s Championship on July 24 in Palembang, Indonesia.
In the last half of 2022, banks may ease loan conditions so that more customers could access credit, given the positive economic outlook and their improving financial capacity.
Vietnam always attaches importance to APEC cooperation in order to maintain peace, stability, cooperation and sustainable development in the Asia-Pacific region, said a Vietnamese diplomat.
Love always endures, even in the most difficult circumstances. An ongoing exhibition in Hanoi is giving visitors a glimpse of the emotional love stories of Vietnamese soldiers during the wars.
The Vietnamese team won three gold and one bronze medals at the 6th Vietnamese traditional martial arts (Vovinam) World Championship, which ended on July 23 in Paris, France.
Talented local cellist Phan Do Phuc and artists from the Vietnam Symphony Orchestra are expected to deliver impressive performances of two famous works by Czech composer Antonín Dvořák in the Toyota 2022 Concert Program in Hanoi and Ho Chi Minh City.
Tran Van Du, former deputy head of the Immigration Department under the Ministry of Public Security, and five others have been detained for allegedly taking and giving bribes linked to the arrangement of Covid repatriation flights.