The nation’s consumer price index (CPI) this month has slowed against last month but it still remains high due to a 5.94% growth of drug and medical services, according to the General Statistics Office. In a report announced on Wednesday, GSO said other groups in the basket of commodities used for CPI calculation grew below 1% this month. Ten out of the eleven commodities groups in the basket saw... 

Despite a slowdown in November CPI (consumer price index) figures of HCMC and Hanoi, the local stock market had yet to see a sustainable recovery as investors remained cautious. The VN-Index inched up a mild 0.71 point, or 0.18%, against the previous day to close at 397.71. The market opened in positive territory and ran up several points before hitting the daily high of 399.22 points and dropping... 

Although liquidity shot up on the back of large put-through transactions in banking stocks, the local market fell back given low demand on Wednesday, with the VN-Index dipping 2.2 points, or 0.55%, from the session earlier to close at 397.02. Liquidity on the Hochiminh Stock Exchange rocketed by 60% to VND890 billion on a volume of 59 million shares, supported by large put-through transactions of... 

Surging inflation and liquidity problems in the banking system are the two most worrisome macro-economic risks that the Government needs to handle in the rest of the year, said the National Financial Supervisory Commission. In a report, which was used as a reference at the recent Government meeting on the January-September economic performance, the commission called for prudence in management of prices... 

Experts have expressed concern that inflation would rise towards a double-digit territory if the CPI growth momentum in September could not be restrained. Economist Nguyen Minh Phong said: “We would at best achieve single-digit growth, but not a rate of 7.5% as desired. The consumer price index (CPI) of the whole year should be 9%.” He was speaking at a workshop on Vietnam’s economy held in... 

The Consumer Price Index (CPI) in September increased by 2.2 percent over the previous month, or a year-on-year increase of 6.48 percent, the General Statistics Office (GSO) announced on September 24. September’s CPI represented the highest monthly figure since June 2011, and hit a record high for the month in the 1995-2011 period. According to the GSO, prices of all 11 groups of commodities... 

After two consecutive months of falling, the consumer price index (CPI) this month has bounced back, at 0.63% month-on-month as recorded by the General Statistics Office, due to higher prices of fuel and healthcare services. Statistics announced by the office indicate nine out of the 11 groups of commodities used for CPI calculation have picked up from the previous month while the remainder has slightly... 

The Government is gradually loosening the fiscal and monetary policies in a bid to tackle the economic downturn, but the move has yet to give any positive sign to the economy, and experts say such a change might bring no help. Regarding the monetary policy, Phan Thi Thanh Binh, co-head of ANZ Bank’s global markets, observed the State Bank of Vietnam (SBV) had taken many measures to support the economy. SBV... 

Lower-than-expected CPI in July will provide the basis for the State Bank of Vietnam (SBV) to further lower interest rates in the remaining months of this year, says JPMorgan Chase. In its latest report, JPMorgan Chase predicted that interest rates will further drop at least 200 percentage points in the last six months of this year. JPMorgan Chase experts said that credit growth and economic activities... 

July has seen HCMC’s consumer price index declining 0.57% month-on-month for a second consecutive month. The prices of five of 11 groups of goods have gone down while the others have remained unchanged or increased slightly, according to latest figures announced by the Statistics Office of HCMC. In particular, food and food services have edged down by 0.1% while prices of foods and foodstuffs have...