Inflation not a domestic problem in Vietnam

Inflation not a domestic problem in Vietnam

Although the economy in Vietnam is under great pressure with rising global inflation, a general assessment of the situation in Vietnam shows that inflation is not much of a domestic problem.
Taxes, fees on petrol products need reconsideration

Taxes, fees on petrol products need reconsideration

The price of E5 RON92 gasoline rose to VND31,117 per liter, an increase of VND882 per liter, and the new retail price of RON95-III gasoline was VND32,375 per liter, an increase of VND797 per liter on the afternoon of June 13.
Global worry over recession not inflation

Global worry over recession not inflation

The global macro-economic outlook for 2022 has been forecast as positive by many international organizations. Although sporadic Covid-19 pandemic outbreaks are still occurring across the globe, the effects of the virus have weakened considerably and the strict pandemic prevention measures have also been relaxed from before.
Inflation climbs by 2.25 percent in five first months

Inflation climbs by 2.25 percent in five first months

On May 29, the General Statistics Office said that the consumer price index (CPI) in May 2022 increased by 0.38 percent compared to the previous month. With this increase, the average CPI in the first 5 months of the year increased by 2.25 percent compared to the same period last year, higher than the increase of 1.29 percent in the first five months of 2021, although it is still lower than the increase of the first five months of the period 2017-2020.
This year's economic growth target of 6 percent-6.5 percent huge challenge

This year's economic growth target of 6 percent-6.5 percent huge challenge

Regarding the main tasks and solutions in the coming time, the Government said that, with the development of the domestic and international situation, the implementation of the goals and tasks of the 2022 plan, especially the economic growth target of between 6 percent - 6.5 percent is a huge challenge.
Pensioners not be afraid of inflation: Vietnam Social Security

Pensioners not be afraid of inflation: Vietnam Social Security

According to the Vietnam Social Security, the pensions of both employees working in the state sector and the business sector are adjusted on the basis of the consumer price index of each period in accordance with the Government's regulations. Therefore, pension will not be depreciated due to devaluation or inflation.
HCMC speeds up, recovers robustly

HCMC speeds up, recovers robustly

The People's Committee of Ho Chi Minh City, on the afternoon of April 26, held a meeting on the socio-economic situation in April and the direction and key tasks in May 2022. Mr. Phan Van Mai, Member of the Party Central Committee, Standing Deputy Secretary of the HCMC Party Committee, Chairman of the People's Committee of HCMC, chaired the meeting.
Pangasius exports accelerate, enterprises have high expectations in Q2

Pangasius exports accelerate, enterprises have high expectations in Q2

Total pangasius export turnover in the first quarter of 2022 increased by nearly 90 percent compared to the same period last year. In most major export markets, pangasius export value is growing positively by two to three digits. It is forecasted that pangasius exports to major markets will keep positive growth in the second quarter.