Some experts are worried that the on-going tighter monetary policy is unlikely to curb rises in the consumer price index in 2011. “Vietnam has a low level of consumer credit which means a monetary policy based on high interest rates does not reduce the consumer price index (CPI). Instead it will push up production costs [...]
Price stabilisation measures are being strengthened for some essential commodities to curb inflation and stabilise the market for the coming Tet holidays. The Ministry of Finance (MoF) last week released Document 249/CQLG-TLSX on steel price registration and Document 18038/BTC-QLG on milk price stabilisation which aims to prevent milk and steel firms from increasing selling prices. [...]
Vietnam’s consumer price index (CPI) will remain high in the first two months of 2011, said experts from the Ministry of Industry and Trade (MIT). The hike is attributed to a stronger purchasing power during Tet, the traditional lunar New Year festival, and higher price of imports. According to the General Statistics Office, in the [...]
Hanoi Department of Industry and Trade predicted that the buying demands in the city would increase sharply during January 2011 due to the approaching Lunar New Year Holiday. The consumer price index (CPI) in the first month of 2011 may increase sharply due to the fact that there would be large amount of money to [...]
Consumer price index (CPI) of Ho Chi Minh City and Hanoi is 9.58 per cent and 9.56 per cent respectively this year, according to their statistics office bureaus. Ho Chi Minh City’s CPI in December grew 1.61 per cent, compared with the monthly average of 1.73 per cent in the 11 first months of 2010. [...]
The Consumer Price Index (CPI) for the entire year is likely to remain in single digits, at 9.19 per cent, the General Statistics Office announced this morning. However, the annual CPI rate was still two percentage points higher than the initial target of 7 per cent set by the National Assembly at the beginning of [...]
Stocks reacted differently on the HCM City and Ha Noi markets this morning in response to the General Statistic Office’s 2010 inflation figures. The General Statistic Office announced today that the annual CPI rate had increased 9.19 per cent month-on-month while the year-on-year increase was 11.75 per cent. In HCM City, the VN-Index continued falling [...]
Ho Chi Minh City’s consumer price index (CPI) rose 1.61 percent in December over the previous month, reported the municipal Statistics Department. The department’s Deputy Director, Nguyen Duc Tri, said that the CPI in the southern economic hub increased by an aggregate 9.58 percent for this year Among the commodities involved in the CPI calculation, [...]
Ho Chi Minh City’s consumer price index (CPI) in December is estimated to have slowed down to 1.61% from November increase of 1.73% Ho Chi Minh City’s consumer price index (CPI) in December is estimated to have slowed down to 1.61% from November increase of 1.73%, the local online newspaper VnExpress reported on December 20, [...]
Vice minister of Industry and Trade, Ho Thi Kim Thoa said at a press conference on Tuesday that keeping 2010 CPI at two-digits is very hard. In November alone, CPI surged 9,58 percent, which is estimated to rise 1.3-1.5 percent in this month. With the current goods reserves, Vietnam does not have to concern about [...]
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