Question about inflation in Vietnam

From: Vsg <vsg-bounces@mailman11.u.washington.edu> On Behalf Of frank.proschan@yahoo.com

Sent: Sunday, December 22, 2019 7:17 PM

To: 'VSG' <vsg@u.washington.edu>

Subject: Re: [Vsg] Question about inflation in Vietnam

In June 1990, according to my Quicken records, a bowl of chicken pho in Hanoi cost 4000 dong or US$0.78. My records for 1987 are in old-fashioned paper, so I cannot consult them from afar.

My neighborhood chicken pho shop in Thanh Xuan district of Hanoi was selling a bowl for 40,000 VND when it opened a few weeks ago, but the price has now jumped to 50,000 VND, although the nearby pho bo and pho trau are still 35,000 VND. Bun vit and bun ca are 35,000 at their respective shops. My heart is broken because there is no longer bun hai san available in the neighborhood – one shop changed its menu and the other closed its doors.

Frank Proschan

Fulbright Scholar 2019-20

From: Vsg <vsg-bounces@mailman11.u.washington.edu> On Behalf Of John Hutnyk

Sent: Monday, December 23, 2019 9:13 AM

To: Paul Mooney <pjmooney@me.com>

Cc: VSG <vsg@u.washington.edu>

Subject: Re: [Vsg] Question about inflation in Vietnam

Hi

The “Pho Bo Tai Nam index” in Tan Quy, Q7, HCMC currently also stands at 30,000VND

:)

On Mon, Dec 23, 2019 at 8:33 AM Paul Mooney <pjmooney@me.com> wrote:

We currently pay about 30,000 VND for a bowl in our neighborhood in the Old Quarter of Hanoi. I’ve only been in Hanoi for a little over 15 months, so can’t comment on the cost of beef or pork, but I still see a lot of Vietnamese people eating pho in the local restaurants.

Paul

Paul Mooney | Freelance Journalist | Hanoi +84 376 196 411 | pjmooney@me.com | www.pjmooney.com | Twitter @pjmooney | Skype pjmooney

On Dec 22, 2019, at 13:58, Paul Schmehl <paul.schmehl@gmail.com> wrote:

A friend of mine travels to Vietnam fairly often. He remarked to me recently that 13 years ago he could buy a bowl of pho for 8000 VND. Recently it was more than three times that much. He said pork and beef are so expensive that the middle class can no longer afford it.

Is this true? Is it inflation? Or food shortages? What's going on?

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Paul Schmehl

paul.schmehl@gmail.com

Independent Researcher

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Sent on the run, please forgive lapses (generally).