November 17, 2009
VietNamNet Bridge – Both retailers and their customers are suffering from the sharp dollar price increases. Pointing to a HP DV3 computer, a shopper at Phong Vu in HCM City complained that its price had jumped 900,000 dong in one week. A salesman explained that it is because dollars now cost more. Phong Vu must [...]
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November 17, 2009
LookAtVietnam – Imported food prices have stabilized after a 10 percent increase. Importers now warn that the prices will increase again towards the year’s end. Tran Van Toan, Director of Thien Vuong Food Company, an importer and distributor of dairy products and pork, beef, chicken and lamb products from Australia and New Zealand in Hanoi, [...]
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November 13, 2009
LookAtVietnam – The gold price dropped one million dong per tael from yesterday afternoon. People are rushing to sell gold, fearing further price drops. At 9 am this morning, SJC gold was priced at 25.90-26.5 million dong per tael (purchase and sale) in HCM City, a sharp price decrease of 1.3 million dong per tael. [...]
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June 30, 2009
One year ago, when the world’s oil price peaked at $147 per barrel, the domestic petrol price was 19,000 dong per litre. Now the figures are $70 and 13,500 dong per litre, respectively. Since the beginning of April, the domestic petrol price has increased four times by 2,500 dong per litre in total, or 22 [...]
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