Hanoi (VNA) – Consumer prices have been slightlyrising in the last quarter of this year because of the increasing demand aheadof Tet (Lunar New Year) holidays.
The Ministry of Finance said on December 8 that thedomestic market recovered significantly in November after two years of the COVID-19 pandemic, and the consumption demand has risen after that.
The rapid, complex developments of the world situationhave also pushed the prices of fuels, materials and some others up, theministry added.
The finance ministry said it has coordinated withother ministries and agencies in assessing and forecasting the factorsimpacting inflation, outlining scenarios and price management solutions, andmaking reports to the Government, stressing that the price situation remainsunder control.
Notably, petrol prices have been adjusted in linewith global price developments, but stayed lower thanks to the flexible use ofthe price stabilisation fund, plus the decrease in environmental protection tax.
The supply of essential goods like food and foodstuffhas also remained abundant, the ministry said, stressing that production isgoing on for both domestic and foreign markets./.
Ho Chi Minh City’s Consumer Price Index (CPI) increased by 0.45% in October, with eight of the 11 groups of goods and services witnessing an increase in prices, the municipal Statistics Office reported on October 31.
In October, the consumer price index (CPI) inched up 0.15% from the previous month partly due to rebounding house rental and school fee hikes in some localities.
The consumer price index posted year-on-year growth of 3.02% in the first eleven months of this year while core inflation rose 2.38%, according to the General Statistics Office.
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According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
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