A report from Hanoi Department of Statistics showed that consumer price index (CPI) of Hanoi in March increased slightly compared to February (but no specific figure has been given).
Other areas that saw light price rises were home appliances, apparel, headwear, footwear and education.
In contrast, the prices of oil and petrol continued to go down, contributing to the sharp decrease in the transport sector. Some groups of commodities that also saw prices drop were housing, electricity, tap water, fuel and building materials.
In the same month, gold prices on the local market rebounded by 7.73 percent compared with the previous month. The 99.99 pure gold was traded at 3.33 million VND (150 USD) per tael (37.5g) at private shops, while the US dollar at commercial banks remained stable, with a slight fall of 0.1 percent.
The municipal People’s Committee is implementing several economic solution packages and administrative reform in order to tackle difficulties for local enterprises.
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