Press release socio-economic situation in the second quarter and six months of 2024

INTERNATIONAL AND DOMESTIC ECONOMIC CONTEXT

The world economy in the first six months of 2024 continues to face many risks and uncertainties, negatively impacting sustainable growth. Strategic competition between major countries is becoming increasingly fierce, increasing geopolitical tensions, escalating military conflicts in some countries weakening the multilateral trading system, hindering investment, causing uncertainty for both production and consumption, and increasing financial volatility. In addition, the frequency and severity of natural disasters have increased over time and continue to increase further due to climate change, which has threatened food security, energy security, and social instability… However, world economic growth tends to be positive thanks to the resumption of commodity demand, the gradual reduction of inflationary pressure, and the decrease in the average price of goods thanks to improved resources. International organizations have issued more optimistic forecasts for the world economy in 2024, adjusting global economic growth with an increase of 0.1 to 0.3 percentage points compared to previous forecasts.

By June 2024, the United Nations (UN)[1] forecasts an increase of 2.7%, 0.3 percentage points higher than the forecast in January 2024; The World Bank (WB)[2] said that global economic growth in 2024 will reach 2.6%, 0.2 percentage points higher than the forecast at the time of January 2024; Fitch Ratings (FR)[3] forecasts global economic growth in 2024 to reach 2.6%, up 0.2 percentage points from the forecast in March 2024 stable, major balances are ensured, and inflation is controlled at an appropriate level. Achievements of the whole country, sectors, fields, and localities in the second quarter and first six months of 2023 were as follows: The International Monetary Fund (IMF)[4] forecasts an increase of 3.2%, 0.1 percentage points higher; The Organization for Economic Co-operation and Development (OECD)[5] forecasts 3.1%, 0.2 percentage points higher than the forecast at the time of February 2024; The European Union (EU)[6] said that global economic growth reached 3.2%, 0.1 percentage points higher than the forecast at the time of November 2023.

I. ECONOMIC GROWTH

1. Gross domestic product (GDP) in the second quarter of 2024 grew positively, the growth rate was estimated 6.93% over the same period last year, only lower than the growth rate of 7.99% in the second quarter of 2022 in period 2020-2024 [7]. GDP in the first 6 months of 2024 increased by 6.42%, lower than the growth rate of 6.58% in the first six months of 2022 in the period 2020-2024[8].

In the increase in total added value of the entire economy, the agriculture, forestry and fishery sector increased by 3.38%, contributing 5.96%; the industrial and construction sector increased by 7.51%, contributing 44.28%; the service sector increased by 6.64%, contributing 49.76%.

Regarding the economic structure in the first six months of 2024, the agriculture, forestry and fisheries sector accounts for 11.55%; industrial and construction sector accounts for 36.44%; service sector accounts for 43.35%; Product tax minus product subsidies accounts for 8.66% (The corresponding structure for the same period in 2023 is 11.64%; 36.46%; 43.10%; 8.80%).

Regarding GDP usage in the first six months of 2024, final consumption increases by 5.78% over the same period in 2023, contributing 64.26% to the overall growth rate of the entire economy; accumulated assets increased 6.72%, contribution 35.15%; export of goods and services increased by 16.89%; imports of goods and services increased by 16.95%, the difference between exports and imports of goods and services contributed 0.59%.

2. Agricultural production in the first six months of 2024 will maintain growth, meet domestic consumption demand and serve exports. The area of newly planted forests and timber harvest increased due to prosperous timber export activities and the increase in raw wood prices. Aquaculture activities have grown considerably, localities have focused on investing in intensive and semi-intensive farming of some key fisheries.

a) Agriculture

The planting area of winter-spring rice in the country in 2024 will reach 2,954.0 thousand hectares, an increase of 1.2 thousand hectares compared to the winter-spring crop in 2023. In which: Northern localities reached 1,059.8 thousand hectares, down 8.2 thousand hectares; southern localities reached 1,894.2 thousand hectares, an increase of 9.4 thousand hectares. The yield of winter-spring rice was estimated at 68.8 quintals/ha, an increase of 0.4 quintals/ha compared to the winter-spring crop last year; rice production is estimated at 20.32 million tons, an increase of 132.5 thousand tons.

As of mid-June 2024, localities across the country have seeded 1,825.4 thousand hectares of summer-autumn rice, equaling 98.3% of the same period last year, of which the Mekong Delta region reached 1,419.3 thousand hectares, equaling 97.8%.

By mid-June, localities across the country had planted 586.3 thousand hectares of corn, equaling 94.5% of the same period last year; 54.9 thousand hectares of sweet potatoes, equaling 100.2%; 13.5 thousand hectares of soybeans, equaling 98.5%; 113.6 thousand hectares of peanuts, equaling 94.7%; 724.1 thousand hectares of vegetables and beans, equaling 97.6%.

Output of some perennial industrial crops in the first six months of 2024 compared to the same period last year: Bud tea reached 522.9 thousand tons, up 2.4%;rubber reached 410.7 thousand tons, up 2.0%; pepper reached 238.2 thousand tons, up 2.3%; cashews reached 330.3 thousand tons, down 5.2%. The output of some fruit trees increased over the same period last year: mangoes reached 629.4 thousand tons, up 2.3%; oranges reached 519.4 thousand tons, up 2.4%; durian reached 487.7 thousand tons, up 20.3%.

Buffalo and cattle breeding in the first six months of 2024 tends to decrease[9]. Pig and poultry farming is well developed, the epidemic is controlled[10]. The pig herd tends to increase sharply again due to farmers’ livestock strongly shifting to semi-industrial, linking with businesses; Farming in the chain combines biosecurity, disease safety and the application of advanced technology, the price of live pork is at a high level[11].

b) Forestry

The area of newly concentrated planted forests in the first six months of 2024 is estimated at 128.5 thousand hectares, up 3.5% over the same period last year; the number of scattered planted forestry trees reached 44.6 million trees, an increase of 2.9%; timber output reached 9,928.4 thousand m3, up 6.3%.

The area of damaged forests in the first six months of the year was 1,165.3 hectares of damaged forests, down 0.2% over the same period last year, of which: the area of felled and destroyed forests was 481.4 hectares, down 22.9%; the area of burned forests was 683.9 hectares, an increase of 25.9%.

c) Fishery

Total seafood production in the first six months of the year was estimated at 4,384.7 thousand tons, up 2.7% over the same period last year (the second quarter of 2024 reached 2,439.5 thousand tons, up 2.9%), including: Fish reached 3,172.3 thousand tons, up 2.6%; shrimp reached 559.7 thousand tons, up 4.0%; other aquatic products reached 652.7 thousand tons, up 2.1%.

Aquaculture production in the first six months of the year was estimated at 2,431.4 thousand tons, up 4.1% over the same period last year. In which, pangasius production reached 831.8 thousand tons, up 5.4%; the production of white leg shrimp reached 332.7 thousand tons, up 5.6%; black tiger shrimp production reached 122.1 thousand tons, up 2.3%.

Fishery production in the first six months of the year was estimated at 1,953.3 thousand tons, up 1.0% over the same period last year (the second quarter of 2024 reached 1,075.2 thousand tons, up 1.5%), including: fish reached 1,515.6 thousand tons, up 1.1%; shrimp reached 72.1 thousand tons, up 0.9%; other aquatic products reached 365.6 thousand tons, up 0.7%.

3. Industrial production maintained a positive growth trend, especially in the processing and manufacturing industries. Generally, in the first six months of 2024, the added value of the industry increased by 7.54% over the same period last year, of which the processing and manufacturing industry increased by 8.67%.

The added value of the whole industry in the first six months of 2024 is estimated to increase by 7.54% over the same period last year (the first quarter increased by 6.47%; the second quarter increased by 8.55%). In which: The processing and manufacturing industry increased by 8.67% (the first quarter increased by 7.21%; the second quarter increased by 10.04%); the electricity production and distribution industry increased by 13.26%; the water supply and waste and wastewater treatment industry increased by 7.13%. Particularly, the mining industry decreased by 7.22%, reducing 0.24 percentage points in the overall increase.

The consumption index of the whole processing and manufacturing industry in the first six months of 2024 increased by 10.8% over the same period in 2023 (the same period last year decreased by 2.2%). The inventory index of the entire processing and manufacturing industry is estimated at June 30, 2024 to increase by 7.6% over the same period last month and increase by 9.6% over the same period last year (the same period last year increased by 19.9%). The average inventory rate of the entire processing and manufacturing industry in the first six months of 2024 is 76.9% (the average in the first six months of 2023 is 83.1%).

4. Enterprise activities

a) Enterprise registration status ^[12]

In June, the whole country had 15.7 thousand newly established enterprises with registered capital was 143 trillion VND and a total number of registered employees of 85.6 thousand employees, up 19.1% in the number of enterprises, up 53.4% in registered capital and up 17.9% in the number of employees compared to May 2024. Compared to the same period last year, an increase of 13.1% in the number of enterprises, an increase of 3.1% in registered capital and a reduction of 17.6% in the number of employees.

Generally, in the first six months of 2024, the whole country had nearly 80.5 thousand newly registered enterprises with a total registered capital of 744.2 trillion VND and a total number of registered employees was nearly 512 thousand employees, up 6.1% in the number of enterprises, up 5.2% in registered capital and up 0.4% in the number of employees compared to the same period last year. Besides, there were over 39.1 thousand enterprises resumed (a year-on-year increase of 3.9%), levering the total number of newly established enterprises and resumed enterprises in the first six months of 2024 to nearrly 119.6 thousand enterprises, up 5.3% compared to the same period last year. On average, there were 19.9 thousand newly established and resumed enterprises per month.

In the first six months of 2024, there were 71.4 thousand temporarily inactive enterprises, an year-on-year increase of 18.6%; nearly 28.8 thousand enterprises ceased and awaited dissolution procedures, a decrease of 7.3%; 10.2 thousand enterprises completed dissolution procedures, up 15.4%. On average, nearly 18.4 thousand enterprises withdrawing from the market per month.

b) Business trends of the enterprises

Results of the business tendency survey of manufacturing enterprises in the second quarter of 2024 showed that: 37.4% of enterprises assessed that the business production situation was better than in the first one; 41.6% of enterprises said that the business production situation was stable and 21% of enterprises faced difficulties^[13]. For the expected outcome of the third quarter of 2024, 40.7% of enterprises presented that the tendency would get better than the second one; 42.2% of enterprises said that business production situation would be stable and 17.1% of enterprises predicted that it would be more difficult.

5. Trade, transportation, and tourism activities in the first six months of this year maintained high growth compared to the same period last year; in which tourism recovered strongly, positively contributing to economic growth.

In June, 2024, total retail sales of consumer goods and services in estimated to increase by 9.1% over the same period last year; passenger transport was down 4.6% in carried^[14] and up 7.0 % in traffic; freight transport increased by 15.6% in carried and increased by 13.3% in traffic; international visitors to Viet Nam in 6/2024^[15]r eached over 1.2 millions arrivals, up 28.1% compared to the same period last year; the number of Vietnamese people leaving the country was 470.6 thousand people, an increase of 5.2% .

Overall, in the first 6 months of 2024, the total retail sales of consumer goods and services at curent prices was estimated at 3,098.7 trillion VND, up 8.6% over the same period last year (up 11.3% in the same period in 2023), if excluding the price factor, up 5.7% (the same period in 2023 increased by 8.8%).

Passenger transport in the first 6 months of 2024 was estimated at 2,312.1 million passengers carried, up 4.3% over the same period last year (up 17.9% in the same period in 2023) and passenger traffic was 132.5 billion passengers.km, increased by 11.0% (up 33.5% in the same period in 2023); of which, the second quarter was estimated to reach 1,112.6 million passenger carried, an increase of 0.1% over the same period last year and 64.7 billion passengers.km, an increase of 9.3%.

Freight transport in the first 6 months of 2024 was estimated at 1,263.0 million tons of freight carried, up 13.5% over the same period last year (up 16.3% in the same period in 2024) and 254.8 billion tons.km of freight traffic, an increase of 10.3% (the same period last year up 14.1%);  of which, the second quarter was estimated to reach 642.9 million tons of transported goods, an increase of 14.0% over the same period last year and 127.5 billion tons.km, an increase of 11.0%.

International visitors to Viet Nam in the first 6 months of 2024 reached 8.8 million arrivals, up 58.4% over the same period last year and up 4.1% compared to the same period in 2019, the year without Covid-19; of which, arrivals by air reached 7.4 million arrivals, accounting for 83.8% of international arrivals to Viet Nam and up 51.6% over the same period last year; by road reached nearly 1.3 million turns of people, accounting for 14.3% and up 99.0%; by sea reached 164.9 thousand arrivals, accounting for 1.9% and 4 up 199.5%.

The number of Vietnamese people leaving the country^[16] in the first six months of 2024 reached 2.6 million, up 11.4% over the same period last year.

6. Global financial conditions are gradually easing, some Central Banks plan to gradually reduce interest rates. Domestically, deposit and lending rates maintained a downward trend, exchange rates are managed proactively and flexibly, contributing to macroeconomic stability; Insurance business activities are stable, the stock market maintains a growth trend following the recovery momentum of the economy

As of June 24, 2024, capital mobilization of credit institutions increased by 1.50% compared to the end of 2023 (at the same time last year it increased by 3.68%); credit growth of the economy reached 4.45% (up 3.83% at the same time last year).

In the first six months of 2024, total insurance premium revenue was estimated at 109.1 trillion VND, down 3.8%, of which: Non-life insurance premium revenue was estimated at 38.8 trillion VND, increased by 11.2%; Premium revenue from life insurance was estimated to reach nearly 70.3 trillion VND, down 10.5%.

Regarding the stock market, trading activities on the market took place actively in the first six months of 2024, the VN-Index maintained its growth trend due to the recovery of production and business activities. On the stock market , as of June 26, 2024, the VN-Index reached 1,260.99 points, an increase of 11.6% compared to the end of 2023; market capitalization (as of June 17, 2024 ) reached 5,533.6 trillion VND, down 6.8%; the average transaction value in June 2024 reached 26,970 billion VND/session, an increase of 7.6% compared to the average of the previous month. Since the beginning of the year until now, the average transaction value reached 24,309 billion VND/session, an increase of 38.3% compared to the average in 2023.

7. Investment in development

Realized social investment capital in the first six months of 2024 at current prices is estimated to reach 1,451.3 trillion VND, up 6.8% over the same period last year, higher than the increase of 4.8% in the same period in the first six months of 2023, reflecting the clear recovery of domestic production and business in the first half of 2024 in many industries and fields, creating motivation for attraction and implementation. investment capital for the whole society. Foreign direct investment capital in Vietnam in the first six months of 2024 is estimated to reach 10.84 billion USD, up 8.2% over the same period last year, reaching the highest level in the first six months of all years from 2020 to now.

It is estimated that in the six months of 2024, realized investment capital for the whole society at current prices is estimated to reach 1,451.3 trillion VND, up 6.8% over the same period last year (realized social investment capital in the second quarter of 2024 at current prices is estimated at 834.3 trillion VND, up 7.5 % over the same period last year) including: State sector capital reached 392.1 trillion VND, accounting for 27 % of total capital and increasing 4.8 % over the same period last year; The non-state sector reached 799.6 trillion VND, accounting for 55.1% and increasing by 6.7%; The area with foreign direct investment reached 259.6 trillion VND, accounting for 17,9 % and increasing by 10,3 % .

Total foreign investment capital registered in Vietnam as of June 20, 2024, including: Newly registered capital, adjusted registered capital and value of capital contributions and share purchases by foreign investors reached nearly 15.19 billion USD, an increase of 13.1%. compared to the same period last year. Newly registered capital has 1,538 licensed projects with a registered capital of 9.54 billion USD, an increase of 18.9% over the same period last year in the number of projects and an increase of 46.9% in registered capital; adjusted registered capital: 592 projects licensed from previous years registered to adjust their investment capital by 3.95 billion USD, up 35% over the same period last year; registered capital for capital contribution and share purchase by foreign investors is 1,420 times with a total capital contribution value of 1.7 billion USD, down 57.7% over the same period last year (among them, there are 501 Capital contributions and share purchases increased the enterprise’s charter capital with a capital contribution value of 696.7 million USD and 919 foreign investors bought back domestic shares without increasing the charter capital with a value of 1 billion USD).

Foreign direct investment capital made in Vietnam six The first month of 2024 is estimated to reach 10.84 billion USD, up 8.2% over the same period last year.

8. State budget revenue[17] in the first six months of 2024 increased by 15.7% over the same period last year. State budget expenditure decreased by 0.1%, ensuring the needs of socio-economic development, national defense and security, state management, payment of due debts as well as payment of due debts. such as timely payment to subjects according to regulations.

Total State budget revenue in June 2024 was estimated at 105.1 trillion VND, The accumulated total state budget revenue in the first six months of 2024 was estimated at 1,020.6 trillion VND, equal to 60% of the yearly estimate and increasing by 15.7% over the same period last year.

Total State budget expenditure in June 2024 was estimated at 151.6 trillion VND, accumulated in the first six months of 2024 will was estimated at 803.6 trillion VND, equaling 37.9% of the year estimate and down 0.1% compared to the same period last year.

9. Export and import of goods and services in the first six months of the year increased sharply compared to the same period last year, many key export items increased quite well, meeting the demand for world goods trading to increase again after a period of decline.

a) Export and import of goods

Total export and import turnover of goods in 6/2024 was estimated at 63.24 billion USD, down 2.7% over the previous month and up 11.7% over the same period last year. Generally, in the first six months of 2024, the total export and import turnover of goods reached 368.53 billion USD, up 15.7% over the same period last year, of which exports increased by 14.5%; imports increased by 17% . The trade balance of goods had a surplus of 11.63 billion USD.

Export turnover of goods in 6/2024 was estimated at 33.09 billion USD, up 2.6% over the previous month. In the second quarter of 2024, export turnover was estimated at 97.2 billion USD, up 12.5% over the same period last year and up 4.6% compared to the first quarter of 2024. Generally in the first six months of 2024, the export turnover was estimated at 190.08 billion USD, increased by 14.5% over the same period last year.

Import turnover in 6/2024 was estimated at 30.15 billion USD, decreased by 7.9% over the previous month. In the second quarter of 2024, import turnover was estimated at USD 93.4 billion, up 19.8% over the same period last year and up 9.7% compared to the first quarter of 2024. Generally in the first six months of 2024, the import turnover was estimated at 178.45 billion USD, increased by 17% over the same period last year.

The trade balance of goods in June was estimated to have a trade surplus of 2.94 billion USD. Generally in the first six months of 2024, the trade balance of goods is estimated to have a trade surplus of 11.63 billion USD (in the same period last year, the trade surplus of 13.44 billion USD).

b) Export and import of services

In the second quarter of 2024, export turnover of services reached 5.5 billion USD, increased by 17.1% over the same period in 2023 and down 4.6% over previous quarter; import turnover of services reached 8.3 billion USD, went up by 20.1% over the same period in 2023 and up 6.5% over previous quarter.

In six months of 2024, export turnover of services was estimated at 11.25 billion USD, went up by 20% over the same period in 2023 (the second quarter reached 5.5 billion USD, increased by 17.1%), of which travel service gained 6 billion USD (accounting for 53.1% of the total turnover), up 40.1% over the same period last year; transportation service reached 3 billion USD (accounting for 26.8%), increased by 2%. Import turnover of service in six months of this year was estimated at 16.11 billion USD, up 22% over the same period last year (the second quarter reached 8.3 billion USD, increased by 20.1%), of which transportation service gained 6.9 billion USD (accounting for 42.7% of the total turnover), increased by 18.6%; travel service reached 4.9 billion USD (accounting for 30.4%), increased by 52.9%. The trade deficit of services in six months of 2024 was 4.86 billion USD.

10. Consumer price index (CPI) in June 2024 increased 0.17% compared to last month. Compared to December 2023, June CPI increased by 1.40% and compared to the same period last year increased by 4.34%. The main reason is due to increased pork prices due to African swine fever in some localities, medical service prices of some provinces/cities are adjusted according to Circular No. 22/2023/TT-BYT of the Ministry of Health.

a) Consumer price index

In the 0.15% increase in CPI in June 2024 compared to the previous month, there were 08 The group of goods and services has an increasing price index and 03 groups of goods have a decreasing price index. Average CPI in the first quarter of 2024 increased by 4.39% over the same period last year; The average of the first six months of 2024 increased by 4.08 % over the same period last year.

Core inflation^[18] June 2024 increased by 0.18% over the previous month , up 2.61% over the same period last year. On average in the first six months of 2024, core inflation increased by 2.75% compared to the same period in 2023, lower than the general average CPI^[19] (up 4.08%) .

b) Gold and US dollar price index

Gold price index in June 2024 decreased 2.64% compared to last month; an increase of 18.26% compared to December 2023; increased 29.51% over the same period last year; The average increase in the first six months of 2024 is 24.02%.

US dollar price index in June 2024 decreased by 0.04% compared to the previous month; an increase of 4.17% compared to December 2023; increased 7.66% over the same period last year; The average increase in the first six months of 2024 is 5.64%.

II. SOCIAL SITUATION

1. The labor force and the number of employed people in the second quarter of 2024 increased compared to the previous quarter and increased compared to the same period last year. The average monthly income of workers decreased compared to the previous quarter ^[20]and increased compared to the same period last year; Unemployment rate and underemployment rate both increased compared to the previous quarter.

In the second quarter of 2024, the country’s labor force aged 15 and over is estimated to be 52.5 million people, an increase of 148.6 thousand people compared to the previous quarter and an increase of 217.3 thousand people over the same period last year; The labor force participation rate in the second quarter of 2024 was 68.6 %, an increase of 0.1 percentage points compared to the previous quarter and a decrease of 0.3 percentage points compared to the same period last year; The rate of trained workers with degrees and certificates was 28.1%, an increase of 1.3 percentage points over the same period last year. In the first six months of 2024 , the labor force aged 15 and over is 52.5 million people, an increase of 196.6 thousand people over the same period last year ; The labor force participation rate was 68.5%, down 0.4 percentage points ; The rate of trained workers with degrees and certificates is 28%, an increase of 1.4 percentage points.

Employed workers in the second quarter of 2024 are estimated to be 51.4 million people, an increase of 126.6 thousand people compared to the previous quarter and an increase of 217.4 thousand people over the same period last year. In the first six months of 2024, there are 51.4 million employed workers, an increase of 195.7 thousand people over the same period last year.

Average income of workers in the second quarter of 2024 To be 7.5 million VND/month, down 137 thousand VND compared to the first quarter of 2024 and up 490 thousand VND compared to the same period in 2023. Overall, in the first six months of 2024, the average income of workers is 7.5 million VND /month, an increase of 7.4%, equivalent to an increase of 519 thousand VND compared to the same period last year.

The unemployment rate among the working age in the second quarter of 2024 is 2.29%, an increase of 0.05 percentage points compared to the previous quarter and a decrease of 0.01 percentage points compared to the same period last year. In general, the first six months of the year, the unemployment rate in the working age group in the first six months of 2024 was 2.27%, equivalent to the same period last year .

2. According to the survey on the living situation of households, the life of households in the first six months of 2024 is improved compared to the same period in 2023. Percentage of households assessed to have income in the first six months of the year currently unchanged and increased compared to the same month in 2023 by 95.6%, up 0.8 percentage points compared to the May 2024 reporting period and up 1.1 percentage points over the same period last year . Social security work continues to receive attention from all levels from central to local levels.

As of June 19, 2024, central and local leaders, departments, branches, unions, and benefactors have organized visits, encouraged and given gifts to social protection beneficiaries according to Decree No. Decision 20/2021/ND-CP dated March 15, 2021 is 11.7 trillion VND; Poor and near-poor households are more than 3 trillion VND; People with meritorious services and relatives of people with meritorious services to the revolution are 16.5 trillion VND; Unexpected and unusual support arising locally is nearly 70.1 billion VND. In addition, social insurance has issued more than 26.2 million health insurance cards/books/free medical examination and treatment cards to beneficiaries. From the beginning of the year to June 21, 2024, the total amount of rice the Government has supported is 21.3 thousand tons of rice for people; of which: The Government supported 10.4 thousand tons of rice for hunger relief on the occasion of the Lunar New Year Giap Thin for 693.4 thousand people; supporting more than 5.9 thousand tons of rice to relieve hunger in 2024 for 396.3 thousand people. Localities also developed plans and proactively allocated local budgets and socialization resources to support nearly 5 thousand tons of rice for poor, near-poor households and people in difficult circumstances.

By the end of May 2024, the whole country has 6,370/8,167 communes (78%) meeting new rural standards; Of which 1,874 communes meet advanced new rural standards; 347 communes meet model new rural standards; The national average reaches 17.1 criteria/commune; There are 284 district-level units in 58 provinces and centrally-run cities (accounting for 44% of the country’s districts) completing tasks/meeting new rural standards, of which 03 districts meet advanced new rural standards; 22 provinces and centrally run cities have 100% of communes meeting new rural standards^[21].

3. The 2024 high school graduation exam will be held on June 27-28, 2024. This is the final exam according to the 2006 General Education Program. The results of the exam serve the goal of high school graduation, as a basis for university and college admission and to evaluate the quality of education. Grade 12 students register to take the exam online from May 2 to 5:00 p.m. May 10, 2024. The whole country has 1,071,395 candidates registered to take the exam, an increase of about 45 thousand candidates compared to the previous year.

As of June 20, 2024, the whole country has 15,269 preschools, 25,901 high schools (including: 12,170 elementary schools, 8,580 middle schools, 2,371 high schools and 2,780 high schools with many levels of education). ). The number of preschool teachers is 365.2 thousand people, the number of high school teachers directly teaching is 829.9 thousand people, including: 390.6 thousand primary school teachers, 292.3 thousand secondary school teachers and 147.0 thousand high school teachers. In the 2023-2024 school year, the country will have 4.85 million children attending preschool; 18.4 million high school students, including: 8.9 million elementary school students; 6.5 million middle school students and nearly 3 million high school students.

Regarding vocational education (VET), according to the report of the Ministry of Labor, War Invalids and Social Affairs, the number of people enrolled in 2024 as planned is 2,430 thousand people^[22] (of which: college and intermediate level are 530 people). thousand people; primary and vocational training under 3 months is 1,900 thousand people); The number of graduates is 2,146 thousand people (of which: college and intermediate level is 346 thousand people; primary level and vocational training less than 3 months is 1,800 thousand people).

4. Disease and food poisoning situation^[23]

According to a report from the Ministry of Health, in the month (May 19-June 18, 2024), the whole country had 4,916 people infected with dengue fever; 8,507 people have hand, foot and mouth disease; 138 people with rash and suspected measles; 10 people died from rabies; 49 people have viral encephalitis; 02 people had meningococcal meningitis. In the first six months of 2024, the whole country has 24.8 thousand people infected with dengue fever (03 deaths); 28.6 thousand people have hand, foot and mouth disease; 450 people with rash and suspected measles; 44 people died from rabies; 208 people contracted viral encephalitis (06 deaths); 11 people had meningococcal meningitis; 01 person infected with influenza A died.

The total number of people living with HIV in the country as of June 18, 2024 is 238.2 thousand people and the number of people dying from HIV/AIDS in the country as of the above time is 114.9 thousand people.

Regarding food poisoning, in June there were 20 cases causing 372 people to be poisoned (3 people died). In the first six months of this year (from December 19, 2023 to June 18, 2024), the whole country had 55 food poisoning cases, poisoning 2,397 people (06 died).

5. The work of preserving and promoting cultural values ​​is always of concern; The sports movement is maintained, high performance sports have remarkable achievements.

In the first six months of 2024, cultural activities will take place enthusiastically across the country, especially after the Lunar New Year 2024. Some outstanding festivals include: Perfume Pagoda Festival, Tran Temple Seal Opening Festival, Hung Temple festival, Bai Dinh pagoda festival, Lim festival, Thay pagoda festival… Besides, there are activities to celebrate the 49th anniversary of the complete liberation of the South and the reunification of the country (April 30, 1975 – April 30, 2024) in April and a series of activities commemorating the 70th anniversary of the Dien Bien Phu Victory in May.

Regarding high-performance sports, the Vietnamese men’s football team participated in the 2nd qualifying round of the 2026 World Cup and ranked 3rd, officially stopping in the 2026 World Cup qualifying round with a result of 6 points. Up to now, Vietnamese sports have won 12 official tickets to the 2024 Paris Olympics in the following events: Cycling, swimming, shooting, weightlifting, canoeing, rowing, badminton, boxing and shooting bow.

6. The number of traffic accidents^[24] in June increased by 0.8% compared to the previous month, the number of deaths increased by 1.4%. In the first six months of this year, the number of traffic accidents decreased by 15.6% and the number of deaths decreased by 10.6% compared to the same period last year.

In June (from May 15 to June 14, 2024), there were 1,894 traffic accidents nationwide, including 1,369 less serious traffic accidents and 525 traffic collisions. traffic, killing 849 people, injuring 816 people and 557 people with minor injuries. Compared to the previous month, the number of traffic accidents increased by 0.8% (the number of traffic accidents from less serious or more increased by 1.2% and the number of traffic collisions decreased by 0.2%); number of deaths increased by 1.4%; The number of injured people decreased by 2.9% and the number of people with minor injuries decreased by 7.6%. Compared to the same period last year, the number of traffic accidents in June increased by 8% (the number of traffic accidents from less serious or more increased by 5% and the number of traffic collisions increased by 16.7%); number of deaths decreased by 9.8%; The number of injured people increased by 16.9% and the number of people with minor injuries increased by 15.8%.

In the first six months of this year, there were 12,353 traffic accidents nationwide, including 8,728 less serious traffic accidents and 3,625 traffic collisions, killing 5,343 people and 5,557 people. people were injured and 3,995 people suffered minor injuries. Compared to the same period last year, the number of traffic accidents in the first six months of this year increased by 15.6% (the number of traffic accidents from less serious or more increased by 7.5%; the number of traffic collisions increased 41.1%); number of deaths decreased by 10.6%; The number of injured people increased by 23.3% and the number of people with minor injuries increased by 52.6%. On average, every day in the first six months of this year, there were 68 traffic accidents nationwide, including 48 traffic accidents of less serious severity and 20 traffic collisions, killing 29 people. , 30 people were injured and 22 people suffered minor injuries.

7. Natural disasters, environmental pollution and fires and explosions significantly affect the lives of people in some localities

Damage caused by natural disasters^[25]: in the first six months of this year, natural disasters left 68 people dead or missing and 56 people injured; 28.1 thousand houses collapsed and damaged; 22.9 thousand cattle died; 36.8 thousand hectares of rice and crops were damaged; The total value of property damage is estimated at 1,723.3 billion VND, nearly 2.5 times higher than the same period in 2023. In June alone, mainly due to the impact of tornadoes, lightning, and hail, 29 people died and 6 others died. injured; 3.1 thousand houses collapsed, swept away and damaged; 6.1 thousand hectares of rice and crops were damaged; The total value of property damage caused by natural disasters in the month was 344.6 billion VND, an increase of 36.6% over the same period last year.

Environmental protection^[26]: In the first six months of this year, the authorities detected 12,650 cases of environmental violations, of which 11,418 cases were handled with a total fine of 156.5 billion VND, an increase of 5.8%. compared to the same period last year.

Fires and explosions^[27]: During the month, there were 290 fires and explosions nationwide, killing 17 people and injuring 15 people, with an estimated loss of 11 billion VND, down 58.5% over the previous month and down 62.8% over the same period. period last year. In the first six months of this year, there were 2,231 fires and explosions nationwide, killing 55 people and injuring 52 people, with an estimated loss of 127.9 billion VND, down 36.5% over the same period. last year./.

[1] UN (05/2024), “World economic situation and outlook – mid-2024 update”, https://desapublications.un.org/publications/world-economic-situation-and-prospects-mid-2024?_ga=2.5323955.1851850669.1718828290-586668022.1718828290,accessed 19/6/2024.

[2] WB (June 2024), “Global Economic Outlook”, https://www.worldbank.org/en/publication/global-economic-prospects, accessed June 19, 2024.

[3] FR (June 2024), “Global Economic Outlook for June 2024”, https://www.fitchratings.com/research/sovereigns/global-economic-outlook-june-2024-17-06-2024, accessed June 24, 2024.

[4] IMF (April 2024), “World Economic Outlook – Solid but Slow: Resilience Varies Between Countries”, https://www.imf.org/en/Publications/WEO/Issues/2024/04/16/world-economic-outlook-april-2024, accessed June 18, 2024.

[5] OECD (June 2024), “OECD Economic Outlook Report: The Recovery is Underway”, https://www.oecd.org/economic-outlook/may-2024/,accessed June 18, 2024.

[6] EU (February 2023), “European Economic Forecast Winter 2024: Delaying Growth Recovery Amid Inflation Easing”, https://economy-finance.ec.europa.eu/document/download/c63e0da2-c6d6-4d13-8dcb-646b0d1927a4_en?filename=ip286_en.pdf, accessed June 18, 2024.

[7]The GDP growth rate in the second quarter compared to the same period last year in the years 2020-2024 was: 0.34%; 6.55%; 7.99%; 4.25 %; 6.93%.

[8]The GDP growth rate in the first 6 months of the year compared to the same period last year in 2020-2024 was: 1.74%; 5.71%; 6.58%; 3.84%; 6.42%.

[9] Because raising buffaloes and cows for meat is not highly economically efficient, the production cycle is long, so people switch to other livestock. However, the dairy herd is still growing stably.

[10] As of June 23, 2024, the country has no avian influenza and blue-ear epidemics; foot-and-mouth disease is also in Yen Bai and Gia Lai; lumpy dermatitis epidemics are also in Bac Kan and Dak Nong; African swine fever is still in 23 localities for less than 21 days.

[11] As of June 25, 2024, the price of live pork nationwide ranges from 63,000 to 68,000 VND/kg, varying depending on the locality.

[12] Source: National Enterprise Registration Information System, Business Registration Management Agency, Ministry of Planning and Investment on June 25th, 2024.

[13] Corresponding indexes of the first quarter of 2024: 22.1% of enterprises rated that their business production situation was better than that in the previous quarter; 42.8% of businesses thought it was stable and 35.1% faced difficulties.

[14] Because passenger carried by road decreased by 5.6% and by air decreased by 21.5% compared to the same period last year.

[15] The reporting period was from May 21, 2024 to June 20, 2024.

[16] Be a Vietnamese citizen leaving Vietnamese territory through a Vietnamese border gate.

[17]According to the Report on the implementation of the State Budget in the first six months of the year and solutions in the last six months of 2024 dated June 27, 2024 of the Ministry of Finance.

[18] CPI after excluding food, fresh food, energy and State-managed goods including health services and education.

[19] Reason is that the prices of food, electricity, educational services and medical services are factors that increase CPI but belong to the group of goods excluded from the list of basic inflation calculations.

[20] Labor income in the second quarter often decreases compared to the first quarter because additional income from year-end overtime and Lunar New Year bonuses are often paid mainly in the first quarter.

[21] Hanoi, Hai Phong, Hung Yen, Vinh Phuc, Bac Ninh, Ha Nam, Nam Dinh, Thai Binh, Hai Duong, Ninh Binh, Quang Ninh, Da Nang, City. Ho Chi Minh, Ba Ria-Vung Tau, Binh Duong, Dong Nai, Can Tho, Bac Lieu, Tra Vinh, Ha Tinh, Tien Giang, Dong Thap.

[22] http://gdnn.gov.vn/AIAdmin/News/View/tabid/66/newsid/40128/seo/Nam-2024-Tong-cuc-GDNN-se-ra-soat-danh-gia-Luat-Giao-duc-nghe-nghiep-hien-hanh/Default.aspx

[23] According to a report by the Ministry of Health

[24] According to a quick report from the Office of the Ministry of Public Security and the Vietnam Maritime Administration (Ministry of Transport) on June 23, 2024.

[25] Summary of reports from 63 Departments of Agriculture and Rural Development, reporting period from May 19 to June 18, 2024.

[26] The Statistics Department of 63 provinces and cities compiles reports from the Department of Natural Resources and Environment, Provincial Police, and centrally run cities.

[27] According to a quick report from the Ministry of Public Security on June 23, 2024.