May’s consumer price index (CPI) in both Ho Chi Minh City and Hanoi declined by 0.16% and 0.22 % respectively from the levels of the previous month. This is the third successive month the CPI has tumbled in the two cities. Food and drink prices in Ho Chi Minh City, especially in relation to eating out, increased slightly, while culture, entertainment, and tourism services saw moderate declines of... 

Vietnam’s consumer price index (CPI) in March fell just 0.19 percent from February, bringing the three-month price index to 2.39 percent, according to the General Statistics Office (GSO). The decline reflects the true nature of the market trend as the prices of commodities are stabilized due to a low consumer demand after the traditional Lunar New Year (Tet) holiday. As a result, many businesses... 

The Mekong Delta province of Dong Thap ranks first in the Provincial Competitiveness Index (PCI) 2012 while Hanoi losses 15 grades, falling to its lowest position since the index was published. The PCI 2012 has unexpected disturbances. From last year’s 4th place, Dong Thap suddenly climbs to the top this year. Last year’s newly- emerging champion Lao Cai falls to the third position this year. Hanoi,... 

The southern province of Dong Nai has attracted foreign direct investment (FDI) capital totaling US$214 million in the first two months of the year, leading the nation in incoming FDI over the period. The Ministry of Planning and Investment (MoPI)’Foreign Investment Agency unveiled the statistics. Seven newly licensed projects contributed registered capital of US$127 million. They include Terumo... 

Inflation has risen by nearly 2.6 percent in the year to date, according to the National Financial Supervisory Commission (NFSC). But inflation in February was up just 1.32 percent on the previous month – the lowest February increase since 2010. The NFSC attributed the modest increase to weak demand and monetary factors that contributed to inflationary pressures. Vietnam’s efforts to control... 

Leaders of Ho Chi Minh City on February 21 held a working session with representatives of foreign- invested enterprises to seek ways to remove their obstacles. The representatives made their proposals for preferential tax, customs procedures, spaces, water supply as well as other matters. Nguyen XuanThuy from Mtex Vietnam Company recommended the city build more kindergartens and primary schools near... 

As of January 20, 2013, Vietnam had gained 37 licensed projects with a total registered capital of 257.1 million USD, up more than 293% from the same period last year. Nine existing projects registered capital increases of 24.3 million USD. o­n the whole, total newly-licensed and increased capital was 281.4 million USD, up 74% from the same period last year. In the first month this year, foreign investors... 

The seaport in the central city of Danang is aiming to process 4.8 billion tonnes of goods in 2013 despite the ongoing global economic difficulties. To reach the target, the seaport will receive an additional VND100 billion in investment for equipment purchases, VND150 billion for infrastructure construction and upgrades, and VND1 billion for staff training. A 200m quay in Son Tra port will enter operation... 

Vietnam aims to attract US$13-14 billion in foreign direct investment (FDI) and disburse US$10.5-11 billion this year, equivalent to 2012’s figures. The Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, released the figures in Hanoi on January 4. FIA director Do Nhat Hoang said to maximise FDI capital in 2013, it is necessary to increase the quality and efficiency of... 

The southernmost province of Ca Mau expects to bring their export turnover to US$1.050 billion in 2013, up 10.5 percent on last year. To fulfill the goal, the provincial People’s Committee has paid special attention to promote trade, develop and expand markets for aquatic products, and encourage businesses to invest in new technologies in order to improve the quality of seafood products and hone...