Consumer price index cpi

Da Nang City: Purchasing power increased due to mentality According to Mr. Tran Duy Dong, Director of the Domestic Market Department under the MoIT, the commodity market in July was fairly active with stimulus and promotional activities following the trade promotion programs launched by the MoIT and provinces. The supply of goods was plentiful and relatively stable. During that time, because it was hot season and students were in summer break so the demand for traveling and services also increased highly and the market was vibrant. The purchasing power was more optimistic than the previous months. However, after Da Nang City and Quang Nam Province announced cases of Covid-19 and isolated the entire city of Da Nang, the people's psychology has become more discreet so the demand for tourism has significantly decreased. As for the market situation, because provinces and enterprises have had experience in implementing response measures so essential food commodities have always been … [Read more...] about Authorities ensure sufficient goods supply, stable prices

Hanoi (VNA) – With drastic, creative, flexible and timely directions of the Government and the Prime Minister, the engagement of the whole political system and business community, and the strong support from people, Vietnam has obtained important results in performing the dual tasks of fighting COVID-19 and boosting socio-economic development. The remark was made by Minister, Chairman of the Government’s Office and Spokesman of the Government Mai Tien Dung at the Cabinet’s regular press conference on August 3. He noted that after 99 straight days without community COVID-19 transmission, Vietnam has recorded locally infected cases in several localities, especially some hospitals in central Da Nang city. The Government’s permanent members shortly held three meetings under the chair of the PM to discuss response measures. In July, the PM chaired a teleconference to promote the disbursement of public investment and official development assistance while working … [Read more...] about Official clarifies solutions to perform dual tasks of COVID-19 fight, development

The market sentiment eased off from worries about the second coronavirus wave in the country after Prime Minister Nguyễn Xuân Phúc during a Monday meeting urged ministries, Government agencies and local authorities to stop the second wave of coronavirus in Việt Nam. … [Read more...] about VN shares advance on hopes for virus block

The production sector is expected to obtain 1.5 percent growth rate in 2020 and contribute to the general growth rate decreasing by 1.8 percentage point. Meanwhile, the contribution to GDP by the service sector is predicted to decrease from 2.8 percentage points in 2019 to 0.5 percentage point. … [Read more...] about Covid-19 holding Vietnam’s economic growth back

Net interest income (NII) for the first half grew to VND8.1 trillion, up 23 per cent from the same period last year. Net Fee and Commission Income (NFI) was VND2 trillion, posting 57 per cent year-on-year increase. NFI was 16.8 per cent of TOI as compared to 13.8 per cent in the first half of 2019, with a strong contribution from bond underwriting activity during the period. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3