Vietnam’s prudent policies resulted in a prolonged period of high growth, price stability, and low public debt-to-GDP ratios. The International Monetary Fund (IMF) forecast Vietnam’s inflation this year to rise to 3.9%, below the Government’s target of 4%. The information was revealed in IMF’s latest report on Vietnam, which was released following the wrap-up of […]
Read MoreLast weekend, I visited the family of an acquaintance and fell into a funny situation. Everything began from a discussion about the consumer price index (CPI). At the dinner, the husband said he could not understand why people are screaming when the inflation rate is so low. Hearing that, the wife actually screamed. After citing […]
Read MoreLaos enjoyed over 400 million USD in trade surplus with Vietnam in the first six months of this year, excluding trade on power, according to Laos’ Ministry of Industry and Commerce. Vientiane (VNA) – Laos enjoyed over 400 million USD in trade surplus with Vietnam in the first six months of this year, excluding trade on […]
Read MoreOvercoming Thailand to take the top spot in the world of rice exporting remains a tough task for Vietnam. Hai Lua Supermarket was one of the first establishments on the east coast of the United States to distribute ST25 rice from Vietnam early last year. This was also the first time that Vietnamese rice had […]
Read MoreAlcohol use is increasing at an alarming rate in Vietnam, especially among young people, according to a conference held by the Ministry of Information and Communication in collaboration with the HealthBridge Organisation on July 5-6. The three main criteria affected are average consumption per capita converted to pure alcohol, the rate of alcohol use in […]
Read MoreThe Ministry of Industry and Trade said that many fruits from foreign countries have been massively imported into Vietnam resulting in fierce competition with local ones. According to the Ministry’s statistics, only from the beginning of 2022 until now, on average, each month, Vietnam imports about US$160 million-US$190 million of foreign fruits and vegetables (mainly […]
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