Socio-economic situation in January of 2021
Agricultural production in the month focused mainly on cultivating and tending winter-spring rice, planting crops across the country and harvesting winter crops in the North.
Agricultural production in the month focused mainly on cultivating and tending winter-spring rice, planting crops across the country and harvesting winter crops in the North.
Infographic social-economic situation in January of 2021
January 2021 is the month adjacent to the Tet holidays, so buying demand of people increases. Consumer price index in January 2021 increased by 0.06% compared to December 2020 and decrease by 0.97% compared to January 2020.
GSO held a press conference to announce the report on social and economic situations in the fourth quarter and 2020. Ms. Nguyen Thi Huong - Director General of GSO chaired the press conference and announced some main issues about social and economic situations of Viet Nam in the fourth quarter and 2020
GSO held a workshop on the results of implementation of e-GDDS in 2020 and the plan for 2021. Mr. Pham Quang Vinh, Deputy Director General of GSO, Head of the Interdisciplinary Working Group on GDDS chaired the workshop.
Average CPI of 2020 increased by 3.23% compared to 2019, met the target below 4% set by the National Assembly
Gross domestic product (GDP) in 2020 was estimated to increase by 2.91% over the last year, although being the lowest increase of the period 2011-2020, but in the context of the Covid-19 pandemic, negatively affecting all socio-economic fields, this is a great success for Vietnam with the growth rate in 2020 among the highest in the world.
Generally, the price’s level of this year increased quite high compared to the same period last year, affecting the price management and administration in 2020, leading to inflation control following the target below 4% set by the National Assembly facing many difficulties and challenges.
2020-The year of significant importance, the last year of the five-year socio-economic development plan 2016-2020 implementation. The results of production and business activities in 2020 are the basis and motivation for the formulation and implementation of the socio-economic development plan in 2021-the first year of the socio-economic development plan 5 years 2021-2025.
Infographic Socio-economic situation in December and 2020.