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Retail Sales and Consumer Service Revenue Rise 10.2% in May
Consumer demand and travel during holiday periods, coupled with a significant increase in international arrivals to Vietnam, have been key contributors to the growth of the country's trade and service sector from the beginning of 2025 onwards.
“Phat Dat Targets Triple Revenue for 2025”
At the upcoming Annual General Meeting on June 27, the leadership team of Phat Dat Real Estate Development JSC (HOSE: PDR) plans to present an ambitious business plan for 2025. With a target of VND 3.2 trillion in total revenue and VND 907 billion in pre-tax profits, the company aims to surpass the previous year's performance by 2.5 and 3.5 times, respectively. If these goals are met, 2025 will be remembered as the most profitable year for PDR in the recent period from 2023 to 2025.
May CPI Rises by 0.16%
The surge in rental prices, home maintenance costs, electricity tariffs, and dining out has led to a notable rise in the consumer price index (CPI) for May 2025, up by 0.16% from the previous month. This indicates a substantial shift in consumer trends and spending patterns, with a weighted average increase of 3.21% for the first five months of 2025 compared to the same period last year. The core inflation rate also rose by 3.1%, signaling a change in the economic landscape that demands attention from policymakers and businesses alike.
