October CPI up 0.33% from previous month
. CPI increase driven by higher food and fuel prices
Topic: fuel
CPI increases by 4.04% year-on-year at the end of 8M period
The growth driven by higher prices of food, electricity, and education and health services
PM asks that fuel supply for production and trade be ensured
Global situation continues to affect domestic fuel market.
PM issues dispatch on ensuring fuel and electricity supplies
Power shortages were experienced in some northern areas over the summer.
Standard Chartered: 2022 growth to reach 6.7%
Standard Chartered has forecast that Vietnam’s GDP growth will reach 10.8 per cent in the third quarter of this year, 3.9 per cent in the fourth quarter, and 6.7 per cent for the year as a whole. While commenting that inflation remains under control, the bank also forecast that price pressures, especially on food and fuel, are likely to increase during the second half of this year and into 2023.