The consumer price index (CPI) in August rose 0.92 percent from the previous month and 3.35 percent over the same period last year, according to the General Statistics Office (GSO).
Hanoi (VNA)– The consumer price index (CPI) in August rose 0.92 percent from the previousmonth and 3.35 percent over the same period last year, according to the GeneralStatistics Office (GSO).
An upturn was seen in10 out of 11 goods and service groups. Medicine and health care services postedthe highest increase with 2.86 percent, followed by transportation with 2.13percent;food and catering services, 1.06 percent;housing and constructionmaterials, 0.93 percent; education, 0.57 percent; and other goods and services,0.10 percent.
Post andtelecommunication was the only group that reported a drop of 0.04 percent.
Do Thi Ngoc, ViceDirector of the Price Analysis under the GSO, attributed the rise in the AugustCPI to the increase of foodstuff after pork price recovered.
In addition, recent floodsand storms pushed vegetable price up by 3.89 percent over the previous month,contributing to the CPI increase.
In August, gold price fluctuatedin accordance with the world gold price, with an average increase of 1.11percent to reach around 36.4 million VND (1,601 USD) per tael.
Meanwhile, the USDprice fell by 0.03 percent thanks to the management of the State Bank ofVietnam on the reference VND/USD exchange rate and the abundant foreigncurrency reserve. Current exchange rate is around 22,700VND per USD.
The GSO also assessedthat the core inflation in August was up 0.1 percent over the previous monthand 1.31 percent year on year. The average inflation in the first eight monthsof this year was up 1.47 percent, lower than the set target of 1.6-1.8 percent,which showed the stability in themonetary policy.
The GSO alsoforecastthat CPI in September will continue increasing following rises in pork,vegetables, fuel, health care services and education fees.-VNA
The consumer price index (CPI) in the first half of 2017 rose 4.15 percent compared to the same period last year, head of the Price Statistics Department under the General Statistics Office Vu Thi Thu Thuy reported at a press conference in Hanoi on June 29.
Vietnam’s consumer price index (CPI) in July rose again by 0.11 percent, following the rebound of food prices, according to the General Statistics Office (GSO).
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
