- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
The economic and social situation in the first 5 months of 2024 has continued to show positive trends, but the average CPI for this period has increased by 4.03%. Therefore, controlling inflation remains a key goal and challenge for the government.
About 80-90 percent of fixed-route transport firms have adjusted their fares up by 10-15 percent to offset mounting fuel costs, according to a Ministry of Transport (MoT) report submitted to the Prime Minister, assessing the impact of higher fuel prices.
According to the Ministry of Industry and Trade, as many as 16 fuel companies have requested to return their distribution licenses since the beginning of the year.
