In response to these trends, economic experts have recommended Hanoi to implement a range of measures to manage inflation in the coming months. They emphasised the need to strengthen price monitoring of essential goods, particularly food, fuel, pharmaceuticals, and healthcare services.
The Ministry of Justice held a meeting to appraise the draft resolution of the National Assembly on VAT reduction, which was chaired by Deputy Minister Tran Tien Dung.
Thai Minister of Commerce Phumtham Wechayachai on October 2 expressed his confidence that the government’s "Quick Win” policy to reduce the costs of living by reducing consumer goods’ prices will create a “win-win" for both operators and consumers.
The Ministry of Finance has recently put forward a proposal to the government to bring down value-added tax (VAT) from 10% to 8% for a number of goods and services to boost the economy.
The consumer price index (CPI) posted year-on-year growth of 3.02% in the first eleven months of this year while core inflation rose 2.38%, the General Statistics Office (GSO) revealed on November 29.
Vietnam's consumer price index (CPI) rose 2.1 percent year on year in the first four months of this year, according to the country's General Statistics Office
The Vietnam e-Commerce Association (Vecom) said that a number of regulations in Circular 40 were not yet feasible, which could impact activities of hundreds of thousands of individuals doing business on e-commerce floors.
Hanoi (VNA) – Vietnam’s consumer price index (CPI) in May was up 0.16 percent against April and 2.9 percent from last year, reported the General Statistics Office (GSO) on May 29.
Total retail sales of goods and services in Vietnam reached nearly 4.4 quadrillion VND (191 billion USD) in 2018, representing a rise of 11.7 percent against the previous year, according to the General Statistics Office (GSO).
