Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Consumer price index in February inches up 3.98%
The consumer price index (CPI) in February rose 1.04% against January and 3.98% year-on-year, fueled by high consumer demand for Tet (Lunar New Year) holiday and a surge in rice prices, the General Statistics Office said on February 29.
 |
| The CPI in February increases due to high consumer demand for Tet holiday. (Photo: VNA) |
In the first two months, the CPI rose 3.67% from the same time last year, while core inflation edged up 2.84%.
The statistics office said that greater domestic demand for rice on the occasion of the Land Genie and Kitchen Gods worshipping day and Tet holiday resulted in an increase of 21.6% in rice prices, contributing 0.55 percentage points to the overall CPI.
In the basket of goods and services that make up the CPI, prices rose in electricity (9.44%), education (8.47%), medicine and medical services (6.52%), housing and building materials (5.66%), food (0.89%) and culture, entertainment and tourism (1.3%).
Meanwhile, the post and telecommunications saw its prices dropping 1.45% year-on-year as enterprises ran promotional programmes for old-generation phones.
In February, gold prices expanded 2.01% from the previous month and 16.67% year-on-year as demand for the metal shot up on the God of Wealth Day on February 19 (10th day of the first lunar month). During January – February, the prices went up 16.05%.
The USD rose against the VND by 0.4% month-on-month to hover around 25,115 VND./
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
