The consumer price index (CPI) in October rose by a slight 0.33% against the previous month and 3.89% compared with a year earlier, according to the General Statistics Office (GSO).
Ten of the 11
groups of goods and services used to calculate the CPI went up against the
previous month. (Photo: VnEconomy)
The average CPI in the first ten months of 2018 increased by
3.6% compared with the same period last year, the GSO stated in a report
released on October 29.
Ten of the 11 groups of goods and
services used to calculate the CPI went up against the previous month, with
transport costs making the largest gain at 1.55%, followed by utility services
and building materials at 0.58%, and food and dining services at 0.22%.
According to the head of the GSO’s price
statistics department, Do Thi Ngoc, one of the main reasons driving up the CPI
in October was higher pork prices due to supply shortages.
The CPI was also increased by two rounds
of fuel price rises in October, as well as higher cooking gas prices and
tuition fees.
In October, domestic gold prices rose
0.12% in comparison to a month earlier, averaging at VND3,660,000 per tael,
while the US dollar-Vietnamese dong exchange rates also rose slightly following
the rate hike by the US Federal Reserve in September.
According to the GSO, the core CPI in October
increased 0.13% against the previous month and 1.67% compared with October last
year.
Source: NDO
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
