Inflation rate rises in August but stays within target
The inflation rate in Vietnam for August quickened from that of July to 3.35%, according to a statement issued by the General Statistics Office.
The inflation rate in Vietnam for August quickened from that of July to 3.35%, according to a statement issued by the General Statistics Office.
The increase, said the GSO, was largely due to rising costs for healthcare, medicine and pharmaceuticals after the government raised the prices for medical services in several provinces.
In addition, transport costs in August jumped from July as global oil products prices rose while food costs climbed as pork and vegetables became more expensive, the GSO statement said.
The country's annualized average inflation rate for 2016 stood at 2.66%, well within line of the Vietnam government’s target of keeping the consumer price index below the 5% threshold.
Authorities in Gia Lai Province are attempting to recover a suspected tank wreck that surfaced on a beach in Quy Nhon Ward, with the area temporarily...
A cargo vessel caught fire off the coast of Lam Dong Province on Wednesday, leaving one crew member missing after three people jumped into the sea to...
Ho Chi Minh City launched on Wednesday morning four projects including Ben Thanh-Thu Thiem Metro, an administrative centre, Nha Rong-Khanh Hoi Port,...
Ho Chi Minh City’s Ben Thanh-Thu Thiem metro line will run entirely underground, including a tunnel beneath the Saigon River, helping create a direct...
Ho Chi Minh City will continue operating temporary parks on vacant plots awaiting development, provided land-use status remains unchanged and project...
Construction began on Sunday on the civil aviation component of Phan Thiet Airport in Lam Dong Province, a VND 3.9 trillion (USD 148 million) project...
