The impact of wage increases on inflation will not be too significant

The impact of wage increases on inflation will not be too significant

VCN - Addressing concerns related to wage and price increases, Dr. Nguyen Duc Do, Vice Director of the Institute of Economics - Finance (Finance Academy), believes there are not many factors causing sudden price surges in the last 6 months of 2024. Theref
Ensure stability and prevent fluctuation in price levels

Ensure stability and prevent fluctuation in price levels

VCN - On June 22, Prime Minister Pham Minh Chinh signed and issued Official Telegram No. 61/CD-TTg sending to Ministers, Heads of ministerial-level agencies, and agencies under the Government; Chairman of People's Committees of provinces and centrally run
Pangasius exports are forecasted to bounce back at the end of the year

Pangasius exports are forecasted to bounce back at the end of the year

VCN - It is forecasted that pangasius exports is forecasted to be better from the third and fourth quarters of 2024, leading to the uptrend being adjusted to increase by at least about 10% compared to the current price.
Production ensures export of 7.4 million tons of rice this year

Production ensures export of 7.4 million tons of rice this year

VCN - By the end of the first quarter of 2024, rice exports continued to increase by 17.6% in volume and 45.5% in turnover compared to the first quarter of 2023, reaching over 2.18 million tons, equivalent to nearly US$ 1.43 billion, average price US$ 653
Price stability from supply increase and transparency in trading in gold market

Price stability from supply increase and transparency in trading in gold market

VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electr
Regulating prices and controlling inflation in the "variables"

Regulating prices and controlling inflation in the "variables"

VCN - Unpredictable developments will certainly have a major impact on the price market as well as domestic inflation control in 2024. Therefore, successful results and solutions from 2023 will be a "pedestal" for 2024.
Pressure on price level remains, it is necessary to be proactive and flexible in management plans

Pressure on price level remains, it is necessary to be proactive and flexible in management plans

VCN - To carry out the set tasks, the Ministry of Finance said that price management in 2024 needs to ensure good control of inflation, while continuing to removing difficulties for production and business and people's lives.
Inflation increased by 4.16% in 2023

Inflation increased by 4.16% in 2023

VCN - Vietnam continues to be in the group of countries that control inflation well when on average in 2023, core inflation increases by 4.16% compared to 2022, higher than the general average CPI increase (up 3.25%). The main reason is that the average d
Solutions to " remove the detonator" of inflation in 2024

Solutions to " remove the detonator" of inflation in 2024

VCN - Ms. Nguyen Thu Oanh, Director of the Price Statistics Department, General Statistics Office, assessed that the main factors that could put pressure on inflation in 2024 are globally high input material prices, and Vietnam as a country importing many
Reducing pressure on inflation control and price market in 2024

Reducing pressure on inflation control and price market in 2024

VCN - In 2024, it is forecast that the world and domestic economic situation will continue to face many difficulties and challenges, but inflationary pressure will not be too strong and will still be under control.
What to do to stop the "plunging" momentum of seafood exports?

What to do to stop the "plunging" momentum of seafood exports?

VCN - Competition in seafood prices in the international market makes it difficult for Vietnamese businesses to find orders, leading to price reductions.
To "get a good harvest and get a good price", coffee businesses need credit incentives

To "get a good harvest and get a good price", coffee businesses need credit incentives

VCN - According to the State Bank (SBV), in the Central Highlands region - the largest coffee basket in the country, outstanding coffee loans have increased by 7.06% compared to the end of 2022. This is a positive sign when coffee is one of our country's
Reasons for ups and downs of land rent

Reasons for ups and downs of land rent

VCN - Based on the provisions of the land law, the land rental payable of projects is high or low depending on four factors: the land area for lease; land rent price; percentage rate; State’s policies of deduction, exemption. Of which, the main factors ar
Unpredictable export pepper price

Unpredictable export pepper price

VCN - Positive forecasts for a number of major economies may directly affect both on the rebound in purchasing power of pepper and spices and price priorities. However, Indonesia and Brazil are starting to harvest together with the possibility that China
Tax proportion in petrol price in Vietnam is lower than the average rate

Tax proportion in petrol price in Vietnam is lower than the average rate

VCN - The response document of the Ministry of Finance has specifically listed each tax rate as well as the calculation of taxes applicable to petroleum products.
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