The consumer price index (CPI) in October rose by a slight 0.33% against the previous month and 3.89% compared with a year earlier, according to the General Statistics Office (GSO).
Ten of the 11
groups of goods and services used to calculate the CPI went up against the
previous month. (Photo: VnEconomy)
The average CPI in the first ten months of 2018 increased by
3.6% compared with the same period last year, the GSO stated in a report
released on October 29.
Ten of the 11 groups of goods and
services used to calculate the CPI went up against the previous month, with
transport costs making the largest gain at 1.55%, followed by utility services
and building materials at 0.58%, and food and dining services at 0.22%.
According to the head of the GSO’s price
statistics department, Do Thi Ngoc, one of the main reasons driving up the CPI
in October was higher pork prices due to supply shortages.
The CPI was also increased by two rounds
of fuel price rises in October, as well as higher cooking gas prices and
tuition fees.
In October, domestic gold prices rose
0.12% in comparison to a month earlier, averaging at VND3,660,000 per tael,
while the US dollar-Vietnamese dong exchange rates also rose slightly following
the rate hike by the US Federal Reserve in September.
According to the GSO, the core CPI in October
increased 0.13% against the previous month and 1.67% compared with October last
year.
Source: NDO
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
