Vietnam's inflation under control

The Consumer Price Index (CPI) of April remained unchanged against last month and was 4.3% more than last year's same period.

The General Statistics Office of Vietnam reported on April 29 that drugs and healthcare services saw the biggest surge of 8.05%.

Among commodities and services having lower CPI, transport services dropped 1.38% due to increasing petroleum and oil prices. So far this year, inflation has grown 1.62%.

Price increases were marked in seven out of the 11 goods and service groups in the price basket, with the biggest hike reported in medicine and health care services (8.05%), followed by culture, entertainment and tourism and household appliances with the same increase of 0.1%,  and goods and other services (0.08%).

Nguyen Bich Lam, Director General of the General Statistic Office of Vietnam, said inflation has been put under control.

“We’ve made scenarios for increasing CPI and service fees. For example, we anticipated how the price hike of electricity and healthcare services will impact the CPI and the economy then consulted the government for proper management. The government has asked ministries and sectors to control inflation as requested by the National Assembly," Lam said.

VOV