Ho Chi Minh City’s Consumer Price Index (CPI) edged up 0.91 percent in June, with nine out of 11 groups of goods and services recording an increase in prices, the municipal Statistics Office reported.
Ho Chi Minh City’s Department of Industry and Trade has recently announced the 2022 summer shopping stimulus programme and a plan to promote production and business activities in the city in the last months of this year.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose 2.1 percent year-on-year in the first two months of 2022, according to the municipal Department of Statistics.
Ho Chi Minh City’s total retail sales of goods and revenues from services exceeded 89.09 trillion VND (3.9 billion USD) in February, up 0.4 percent against the previous month and 0.9 percent from the same period last year.
The office lease market in Ho Chi Minh City is recovering, with hybrid working model comprising both remote and office-based work emerging as a bright spot, according to experts from Savills Vietnam.
Ho Chi Minh City’s retailers have stocked large volumes of goods to meet the demand during the peak Tet (Lunar New Year) shopping season, and promise to keep prices steady.
The Asian Development Bank (ADB) stands ready to provide comprehensive assistance for Ho Chi Minh City’s economic recovery in the short term, as well as its economic development in both medium and long terms.