The southern largest economic hub of Ho Chi Minh City recorded a month-on-month rise of 0.24 percent in the consumer price index (CPI) in August, according to the municipal statistics office.
HCM City's CPI in August grew 0.24 percent from the previous month (Photo: VNA)
HCM City (VNA) – The southern largest economic hubof Ho Chi Minh City recorded a month-on-month rise of 0.24 percent in theconsumer price index (CPI) in August, according to the municipal statisticsoffice.
The office said on August 30 that this month’sCPI grew 1.76 percent from last December and 3.75 percent from the same periodof 2018.
Compared to July, price increases were seenseven of the 11 main groups of consumer groups and services, namely food andfood services (up 0.16 percent), beverage and cigarette (0.21 percent), housingfees (0.29 percent), household equipment and utensils (0.05 percent), medicineand healthcare services (3.93 percent), education (0.1 percent), and othergoods and services (0.07 percent).
Meanwhile, four other groups posted pricedeclines, namely headwear and footwear (down 0.01 percent); transport (0.39percent); postal and telecom services (0.08 percent); and culture,entertainment and tourism (0.1 percent).
Experts said food prices have been on a slightupward trend since May, rising 0.83 percent from the year’s beginning.
Meanwhile, local medical services have followedthe same trend nationwide since August 20 under the Ministry of Health’s circularon prices of medical services covered by health insurance.
Several schools have also adjusted their tuitionfees in August to prepare for the new academic year, which subsequently raisedthe price index of educational services, the statistics office said,forecasting more fee hikes in September and October.-VNA
A CPI rise at three-year low during the first half of 2019 has greatly helped stabilise the macro-economy, promote economic growth and leave much room for inflation control for the remaining of the year, according to Deputy Prime Minister Vuong Dinh Hue.
The target of keeping the country's inflation below 4 percent is feasible, experts said at a recent seminar held in Hanoi by the Institute of Economics and Finance (IEF) under the Academy of Finance.
Vietnam’s consumer price index (CPI) in July rose by 0.18 percent month-on-month, and 2.44 percent from the same period last year, according to the General Statistics Office (GSO).
The country’s Consumer Price Index (CPI) in August increased by 0.28 percent over the previous month, and 2.26 per cent over the same period last year, according to the General Statistics Office.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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.
HCM City's CPI in August grew 0.24 percent from the previous month (Photo: VNA) 
