June 4, 2026_ In Vietnam, the May 2026 CPI increased 0.29% from April, driven primarily by higher electricity, water, and fuel prices, while gold...
June 4, 2026_ In Vietnam, the May 2026 CPI increased 0.29% from April, driven primarily by higher electricity, water, and fuel prices, while gold prices fell and the US dollar slightly rose on the financial market. The Ministry of Industry and Trade launched the "Quanh tôi" app on June 1 to locate fuel stations, view prices and services, and report potential violations. In the first five months of 2026, budget revenues exceeded 1.341 trillion dong, with a surplus of approximately 495.6 trillion dong, but public investment spending remains sluggish, with 219.4 trillion dong disbursed (21.6%) and over 790 trillion dong still to be disbursed. In the same period, over 142,600 companies entered or re-entered the market, compared to approximately 129,200 exits, while the first international container train was launched on the Thanh Hai (China)–Dong Nai (Vietnam) route, with transport times reduced to approximately seven days, baodauthau.vn reports. The new rail link, according to the Vietnam Railways Corporation, aims to strengthen Vietnam-China trade and lay the foundations for a rail corridor to ASEAN, China, Central Asia, and Europe.
