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Illustrative photo. (Source: VNA) Hanoi (VNA) – It will be a challenge to keep Consumer Price Index ( CPI ) growth under 4 percent this year, according to an economist. Vietnam's CPI picked up 2.1 percent in the first four months of 2022 , much higher than the same period last year’s 0.89 percent but still lower than that of 2017 (4.8 percent) and 2020 (4.9 percent), commented Dr. Tran Toan Thang, head of the Department of Industrial and Business Forecast at the National Centre of Economic Forecast and Information. April CPI advanced 2.09 percent compared to December 2021 and 2.64 percent year-on-year as a result of an increase in prices of nine out of eleven commodities and services. Prices of transport services surged 16.59 percent last month, causing the overall CPI to gain 1.6 percentage points. As major economies like the EU, US, and UK are seeing inflation climbing to record highs in decades, it still looks okay for Vietnam, he said. However, he warned that … [Read more...] about Keeping CPI below 4 pct this year a challenge: Economist

The site of the traffic incident involving two British tourists in Hội An City, Quảng Nam Province. — Photo courtesy of the local police HÀ NỘI — Two British tourists, a man and a woman, died in a motorbike crash in the central city Hội An (Quảng Nam Province) early Monday morning, police have confirmed. Đinh Xuân Nghĩ, head of the city’s police, said the accident occurred at 3:40am in front of a residential house at No.208 Hùng Vương Street, Thanh Hà District. The two were travelling on one motorbike when the accident happened. The victims have been identified as Denver Christopher Marcus (born in 1997) and Thompson Peth May (born in 1998), both UK nationals, who were staying at a hotel on Cửa Đại Street. Nghĩ said their motorbike crashed into a power pole on the side of the road while they were driving from Hội An City to Điện Bàn Commune (also in Quảng Nam Province). Whether the two were driving under influence would need forensic appraisal, but this procedure would … [Read more...] about Two British tourists killed in motorbike crash in Hội An: Police

Two British tourists died in a traffic accident in the central city of Hoi An early Monday morning. The area where the accident occured According to a report from Hoi An Police Department, the accident occured at 3.40am when the two visitors were driving a motorbike on Hung Vuong Street and crashed into an electricity pole. The two, a man and a woman, died on the spot. They were identified as Denver Christopher Marcus, 25, and Thompson Peth May, 24. They are both British citizens. The motorbike was heavily damaged. Police are investigating the cause of the accident. Director of Hoi An Police Department, Dinh Xuan Nghi, said that they needed forensic appraisal to define whether the two were driving under influence. "We will work with the Quang Nam Province’s Department of Foreign Affairs and UK embassy for related issues," he said. … [Read more...] about Two British tourists die in traffic accident

Strong impression at Seafood Expo Vietnam’s clam products recently drew international attention at the 2022 Global Seafood Expo from April 26 to 28 in Barcelona (Spain), the center of the EU’s fisheries industry. The boldly designed pavilion showcasing Vietnamese clams drew some 100 importers from Spain, Italy, France, the United States, Portugal, the UK, Turkey, the Netherlands, the United Arab Emirates, the Republic of Korea, Egypt, Israel, the Czech Republic, and Denmark. Clam products are introduced to buyers at the 2022 Global Seafood Expo On display were clam meat, steamed white/brown clams, processed products steamed clams with garlic and butter, and clams cooked with tom-yum sauce. Three of Vietnam's leading seafood companies, Go Dang Joint Stock Company (GODACO), Ben Tre Seafood Joint Stock Company (BESEACO), and Ben Tre Aquaproduct Import-Export Joint Stock Company (AQUATEX), were selected to participate in the exhibition due to their deep involvement in … [Read more...] about No need to clam up about Vietnam’s bivalve exports to EU