Carrying out price administration in careful, flexible and proactive manners

Carrying out price administration in careful, flexible and proactive manners

The inflation rate is expected at 1.9% in 2021 that will help to reduce the pressure in 2022 when many factors are creating pressure on inflation control and price administration.
Aims to achieve price stabilization during the coming Lunar New Year

Aims to achieve price stabilization during the coming Lunar New Year

The Ministry of Finance issued Directive No. 02/CT-BTC on strengthening management and stabilizing prices during the Lunar New Year in 2022.
A 10% increase in gasoline prices causes GDP to decrease by 0.5%, CPI to increase by 0.36%

A 10% increase in gasoline prices causes GDP to decrease by 0.5%, CPI to increase by 0.36%

VCN - On October 26, the domestic gasoline price was adjusted to increase for the fourth time in a row since the beginning of September. This is unavoidable when the global petroleum market is "in a fever", directly affecting Vietnam’s retail gasoline pri
Inflationary pressure still present: GSO official

Inflationary pressure still present: GSO official

The average consumer price index (CPI) in the first four months of this year inched up 0.89 percent from the same period last year, the lowest rise for the first four months of a year since 2016 and clearing the way for the country to achieve its goal of
Controlling inflation in 2021: Facing many unfavourable factors

Controlling inflation in 2021: Facing many unfavourable factors

In 2021, Vietnam sets a target to control inflation below 4%, but there are still many unfavourable factors to achieve it.
Unlock growth drivers for economic recovery

Unlock growth drivers for economic recovery

VCN- The Covid-19 pandemic has seriously affected almost all economic and social sectors, especially the aviation, tourism, accommodation and catering services industries.
Experts believe CPI in 2020 will be kept under control

Experts believe CPI in 2020 will be kept under control

This year’s inflation rate is projected to fall between 3.5% and 3.9%, with support policies being implemented in an effort to ensure social security whilst stabilising local people's lives amid the negative impact of the novel coronavirus (COVID-19) epid
Target of less than 4% CPI feasible

Target of less than 4% CPI feasible

VCN - Talking to Customs Newspaper, Assoc.Prof. Dr. Nguyen Ba Minh (photo), Director of the Institute of Economics and Finance, said from now until the end of the year, inflation pressure is still high but the target of less than 4% CPI is feasible.
May CPI shows slight reduction on low purchasing power

May CPI shows slight reduction on low purchasing power

The consumer price index CPI in May decreased by 0 03 percent against the previous month and 1 24 percent against last December but increased by 4 39 percent year on year the General Statistics Office GSO reported on May 29
Economy to get benefit from controlling CPI when oil prices fall

Economy to get benefit from controlling CPI when oil prices fall

VCN - Regarding the impact of the record drop of crude oil prices, GSO experts said that when the oil price drops deeply, the economy will be beneficial in controlling CPI, making inflation of the economy possibly lower than the target set by 4% of the Na
Mr. Tran Quang Chieu, Permanent Secretary of the National Assembly

Mr. Tran Quang Chieu, Permanent Secretary of the National Assembly's Financial and Budget Committee: Using the CPI as a basis to adjust the family all

VCN - Mr. Tran Quang Chieu (pictured), Standing Member of the Finance and Budget Committee of the National Assembly, confirmed this in discussion with the Customs Newspaper on the proposal to raise the family allowances to calculate the Personal Income Ta
February CPI falls by 0.17 percent

February CPI falls by 0.17 percent

The February consumer price index CPI slipped 0 17 percent from the previous month
CPI in January hits record high in recent 7 years

CPI in January hits record high in recent 7 years

Vietnam consumer price index CPI in January hit a record high, up 1 23 percent over the previous month and 6 43 percent year on year according to the General Statistics Office GSO
Pork price pushes up November CPI

Pork price pushes up November CPI

The Consumer Price Index CPI of November increased by 0 96 percent compared to last month the highest growth for November CPI in the last nine years
Cautious administration of inflation to avoid affecting growth targets

Cautious administration of inflation to avoid affecting growth targets

VCN- According to recent statistics of the Price Management Department, Ministry of Finance, in September 2019, the consumer price index increased by 0.32% over the previous month, up 1.98% over the same period last year; increased by 2.2% compared to Dec
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