Vietnam’s CPI up 2.44% in six months
Vietnam’s consumer price index (CPI) in the January – June period rose by 2.44% year-on-year while its core inflation edged up 1.25%, the General Statistics Office (GSO) reported at a press conference on June 29.
The CPI was up 2.96% in the second quarter, and 3.37% in June alone, compared to the same periods last year.
GSO General Director Nguyen Thi Huong attributed the CPI hike to the increase in prices of essential consumer goods and services, materials for production and transportation costs.
According to the GSO, the world commodity market in the January – June period continued to witness many fluctuations and was influenced by economic and political factors.
The global economic recovery, the increasing demand for raw materials and fuel for production, and the disruption in supply chains are main reasons behind the sharp surge of commodity prices on the international market.
The GSO said prices of petrol and gas in the second quarter increased by 54.92% and 30.99% over the same period last year, causing the overall CPI to rise by 1.98 and 0.45 percentage points, respectively.
Meanwhile, prices of pork dropped 18.56% percent year-on-year, causing the overall CPI to fall by 0.63 percentage point, it said.
The prices of education services and housing rental, which declined by 2.86% and 12.33%, respectively, also pushed the CPI down.
Partial human remains recovered from Bismark House Mill in the UK have been identified, through fingerprint analysis, as Nguyen Van Uoc, according to the Vietnamese Embassy in the UK, citing an announcement on August 12 by Greater Manchester Police.
The Vietnamese medical devices market, which is growing annually at more than 18%, relies heavily on imports, representing significant opportunities for foreign businesses, according to the Ho Chi Minh City Medical Equipment Association.
The Ministry of Transport will submit to the Politburo for consideration an investment policy for the construction of a North-South express rail link, which would cost up to 58.71 billion USD, this September.
Tran Van Nguyen stands only 1.27m and has short arms and legs. But he has dominated the top podiums of many competitions.
A national marine spatial master plan is being developed, aiming to fuel the sustainable development of marine economic clusters and establish sea-based economic hubs by 2030.
Minister of Finance Ho Duc Phoc has signed a decision promulgating the Ministry of Finance's digital transformation plan to 2025, with vision to 2030.
Vietnam and the Southeast Asian region have managed to maintain economic stability and growth despite COVID-19 and the Russia-Ukraine conflict, according to experts.