The consumer price index (CPI) of Vietnam, which measures changes in the prices paid by consumers for a basket of goods and services, rose 3.96 per cent on-year in the first eight months of this year, according to the country’s General Statistics Office yesterday.
In the first eight months of this year, items posting the most significant rises included restaurants and catering services (up 11.33 per cent), education (up 4.36 per cent), and medicine and health services (up 2.96 per cent).
Compared to July, the index increased by 0.07 per cent, contributed by price increases of seven over the 11 items in the calculation basket. The hike was driven by such factors as increasing prices of education services in some provinces and cities, along with higher prices of vegetables and rice, according to the office.
In the first eight months of this year, Vietnam attracted foreign investment of USD19.5 billion, seeing a year-on-year decrease of 13.7 per cent, according to its General Statistics Office said yesterday.
Specifically, Vietnam licenced 1,797 foreign direct investment (FDI) projects with total registered capital of USD9.7 billion and saw 718 operational FDI projects raising their capital by USD4.9 billion, according to the office.
Between January and August, foreign investors also spent USD4.9 billion buying shares or contributing capital to Vietnamese firms, down 48.2 per cent on-year.
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Source: Vietnam Insider