September 6, 2024
Vietnam’s August Consumer Price Index stable at 4.04 percent
Vietnam’s Consumer Price Index slowed in August over July recording an increase of 3.45 percent compared to July’s 4.27 percent. Overall CPI remained steady at 4.04 percent safely within the government’s target range for the year of between 4 and 4.5 percent. Core inflation, meanwhile, saw an increase of 2.71
Vietnam’s Industrial Production Index up 9.5 percent year-on-year
The GSO notes that the processing and manufacturing industry increased by 9.7 percent, that the electricity production and distribution industry increased by 11.6 percent, and the water supply, waste and wastewater management and treatment industry increased by 7.8 percent. It does, however, also note that the mining industry decreased by 6 percent.
Vietnam foreign direct investment registered capital for 2024 reaches US$20.5
The biggest gain was in manufacturing and processing which added 134 new projects and US$1.51 billion. The biggest investor countries were China, Japan, and Singapore, in that order, with US$626 million, US$605 million, and US$271 million registered respectively…
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