The June CPI in Ho Chi Minh City was up 0.66 percent from last month, and up 2.1 percent from the same month last year, the city’s statistics office said on June 30.
The June CPI in Ho Chi Minh City rose 0.66 percent from last month (Photo: VNA)
HCMCity (VNA) – The June CPI in Ho Chi Minh City was up 0.66 percent fromlast month, and up 2.1 percent from the same month last year, the city’sstatistics office said on June 30.
Transportservices prices surged 6.92 percent month-on-month due to petrol prices being adjustedup twice on May 28 and June 12.
Theprices of food and foodstuff group rose 0.95 percent, driven by high porkprices. The group of restaurants and catering services also saw an increase of0.53 percent.
Meanwhile,the prices of beverage and tobacco was down 0.15 percent, the group of housing,utilities, fuels and construction materials saw a decrease of 0.69 percent.
Thegold price in June picked up 0.56 percent from May and 31.77 percent from thesame month last year. The USD/VND exchange rate dropped 0.61 percent on amonthly basis and down 0.32 percent year on year.
Theaverage CPI in the first half of this year was up 3.48 percent from the sameperiod last year./.
Ho Chi Minh City’s consumer price index (CPI) in May went down 0.33 percent from the previous month and 1.38 percent compared to December 2019, according to the city’s Statistics Office.
Vietnam’s gross domestic product (GDP) increased 1.81 percent during the first six months of 2020, the lowest first-half growth pace since 2011, according to the General Statistics Office (GSO).
The June consumer price index (CPI) rose 0.66 percent month-on-month and 3.17 percent year-on-year but was down 0.59 percent against December 2019, the General Statistics Office reported on June 29.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.