The General Statistics Office has just announced the spatial cost of living index (SCOLI) in 2023. SCOLI is a relative indicator (in %) reflecting the difference in prices of goods and services consumption serving the daily life of people between provinces and centrally run cities between socio-economic regions for a certain period of time (usually 1 year).
Accordingly, in the past year The order of expensive prices among socio-economic regions does not change much compared to 2022. In which, the Red River Delta region continues to hold the position of having the most expensive prices in the country, followed by the Southeast Central region dunes and mountainous areas in the North Central and Central Highlands coastal areas and finally the Mekong Delta region.
However, in recent years e-commerce has expanded and become more popular. become a popular way of buying and selling for people. The development of digital e-commerce has gradually transformed consumer shopping behavior from directly at the store to online.
Therefore, comparing prices of service products is difficult. Services are performed with many sources of information quickly, diversely and objectively. Publicly transparent commodity prices and fast freight transportation services make commodity prices between regions more and more uniform.
Of the 63 provinces and cities directly under the Central Government, Hanoi continues to hold the leading position with the most expensive price in the country in 2023. Ho Chi Minh City ranks 2nd with a SCOLI index of 98 44 % Hanoi.
Some product groups in Ho Chi Minh City with lower average prices than Hanoi are garments, hats and shoes (equal to 81 99%); auto-link-id=”61327d0afb044100119a145a” data-content-name=”article-content-autolink” data-content-piece=”article-content-autolink_61327d0afb044100119a145a” data-content-target=”https://dantri.com. vn/du-lich.htm” data-track-content=”” href=”https://dantri.com.vn/du-lich.htm”>travel (equal to 91 87%); goods food and catering services (equal to 94 12%); equipment and household appliances (equal to 94 93%).
According to the statistics agency, Ho Chi Minh City is the nucleus of the Southeast economic region. where scientific research training facilities, medical centers with abundant skilled human resources are concentrated, and commercial service hubs of regional and international stature.
Besides The abundant supply of goods to meet the consumption needs of people in Ho Chi Minh City has promoted the organization of connecting supply and demand for retail goods, whereby consumer prices of essential goods tend to be lower than in Hanoi.< /p>
However, Ho Chi Minh City still has some product groups with higher average prices than Hanoi such as other goods and services groups (by 120 52%); education (equal to 116 86%); drinks and cigarettes (equal to 114 52%).
Ranking third in the country in terms of “expensive” is Quang Ninh with a SCOLI index equal to 97 94% of Hanoi. Among the 11 main groups of consumer goods and services, Quang Ninh has 6 product groups have an average price lower than Hanoi.
Quang Ninh is ranked third most expensive in the country because it is a modern industrial service province and one of the dynamic development centers. comprehensive tourism center, marine economic center, gateway to the Northern key economic region and the whole country.
Statistics agencies have recorded that in recent years, Quang Ninh has made remarkable progress. Above all economic sectors, the material and spiritual life of the people has been improved. Quang Ninh’s economy has developed vibrantly, leading to higher prices for some service groups compared to other localities.
Next is Hai Phong. Hai Phong’s price ranks high in the country because this locality is one of the 5 major cities in Vietnam with a diverse system of commercial organizations. with the active participation of all economic sectors.
Binh Duong ranks 5th in the country with a SCOLI index of 94 in 2023, 25% increasing the price level by 3 levels compared to 2022. Most of Binh Duong’s product groups are lower than Hanoi. Commercial and service activities in the province are considered to be developing strongly, total retail sales of goods and service revenue have increased compared to previous years, and prices of goods and services are also more expensive.
Compared to 2022, the locations of expensive localities in 2023 have not changed significantly. Centrally run cities and provinces have higher prices than mountainous provinces, mainly in educational service groups; rented housing; entertainment and tourism services.
In the opposite direction, Ben Tre is the locality with the lowest SCOLI index in 2023 in the country, equal to 85 93% compared to Hanoi. The average price of Ben Tre’s product groups compared to Hanoi ranges from 72 02% – 101 22%.
Ben Tre is a province in the Mekong Delta region with conditions to develop a transportation network. Waterway communication and irrigation develop floating market areas on the river to help promote the consumption of goods and services in the province. Besides, with favorable natural and geographical conditions, the locality is increasingly developing livestock agriculture to meet the people’s needs for consuming essential goods.
In general, wage prices real food; apparel, hats and shoes; household equipment and appliances; Educational and medical services and low travel costs are the main factors that make Ben Tre’s average price the lowest in the country.
The locality with the second lowest price in the country is Nam Dinh with only SCOLI number in 2023 is equal to 86 35%. Compared to Hanoi, the average price of Nam Dinh’s product groups is at 73 23% – 103 25%.
Next is Quang Tri with a SCOLI index of 86 66% with the average price of product groups at 74 4%-118 17%. In addition, some other localities also have low SCOLI index in 2023 such as: Soc Trang (87 82%); Gia Lai (87 91%); Long An (87 97%); Nghe An (88 34%); Hau Giang (88 47%); Tra Vinh (88 73%); Phu Tho (88 74%).
In general, localities with low prices in the country are largely due to items in the food and food service groups; apparel, hats and shoes; rented housing; household equipment and appliances; traffic; post and Telecommunication; educational services; entertainment services at low prices.
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