Vietnam’s transport consumer price index (CPI) fell by 1.41% in March 2025, contributing significantly to the overall decline in inflation. The drop was led by falling fuel prices and lower public transport demand following the Lunar New Year, according to data from the General Statistics Office.
Key data points include:
- Fuel prices declined
– Gasoline down 3.61%
– Diesel down 4.67%
– Reflecting domestic fuel price adjustments - Public transport services fell 1.75%
– Rail transport dropped sharply by 41.91%
– Road transport declined 0.33%
– Linked to seasonal decrease in travel demand - Parking services fell 0.11%
- Some repair and goods-related costs rose:
– Bicycle repair services up 0.51%
– Motorcycle repair services up 0.49%, due to labour cost increases
– Auto parts up 0.39%
– Bicycle tyres and tubes up 0.12%
– New car prices rose 0.10%
The sharp decline in transport costs—particularly in fuel and public transport—played a key role in easing Vietnam’s overall CPI in March. However, rising vehicle maintenance and parts costs suggest that inflationary pressures remain in specific segments of the sector.
See also: Logistics in Vietnam