Want to be in the loop?
subscribe to
our notification
Business News
HÀ NỘI’S CPI INCREASES BY 0.14 PER CENT IN MAY
On average, the CPI over the first five months climbed 3.03 per cent year-on-year, reflecting a stable and well-controlled upward trend in prices.
AEON Mall Long Biên in Hà Nội. — VNA/VNS Photo
HÀ NỘI — Hà Nội’s Consumer Price Index (CPI) in May rose slightly by 0.14 per cent from the previous month, pushing the increase to 1.28 per cent compared to last December and 3.6 per cent year-on-year.
On average, the CPI over the first five months climbed 3.03 per cent year-on-year, reflecting a stable and well-controlled upward trend in prices.
In May, prices rose slightly in 8 out of 11 major groups of goods and services recorded slight increases.
The group of housing, electricity, water, fuel, and construction materials posted the sharpest increase, by 0.88 per cent, contributing 0.18 per cent to the CPI expansion.
Rental prices rose by 1.3 per cent, while the cost of housing maintenance materials increased by 0.29 per cent.
The culture, entertainment, and tourism group rose by 0.34 per cent, reflecting vibrant travel activities during the month. Meanwhile, the transportation group fell by 0.27 per cent due to declines in petrol and diesel prices, helping to curb the CPI.
Gold prices surged in May, climbing 10.85 per cent from the previous month and 56.54 per cent year-on-year. The gold price index rose by 43.35 per cent during January–May compared to the same period last year.
The US dollar price index went up 0.67 per cent month-on-month and 3.41 per cent year-on-year.
In addition to traditional factors, the strong growth of tourism activities in May positively contributed to overall economic growth and market stability. — VNS
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
TECHNOLOGY
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
GARMENT / TEXTILE
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
LEGAL UPDATE / POLICY
FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH
Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.
Events Sponsors
