The increase in food prices, the increase in the price of electricity for daily life due to prolonged hot weather and the adjustment of the average retail price of electricity by the Electricity of Vietnam are the main reasons for the monthly consumer price index (CPI) in 6/2023 increased by 0.27% compared to the previous month.
GDP in the first 6 months of 2023 increased by 3.72%, higher than the growth rate of 1.74% in the first 6 months of 2020 in the period 2011-2023
Viet Nam is currently in a demographic dividend period, with the statutory working-age population twice as high as the non-working age one. Every year, the statutory working-age population participating in the labour market makes up a relatively high proportion exceeding 75 per cent.
The Index of Industrial Production (IIP) in May 2023 was estimated to increase by 2.2% over the previous month and by 0.1% over the same period last year.
The increase in food and food prices, the increase in electricity and domestic water prices due to prolonged hot weather are the main reasons for the consumer price index (CPI) in May 2023 to increase by 0.01% compared to the previous month.
In the spring paddy crop in 2023, the whole country cultivated 2,952.1 thousand hectares, equaling 98.7% of the previous year's spring paddy crop, of which the northern provinces reached 1,067.3 thousand hectares, equaling 99%; Southern localities reached 1,884.8 thousand ha, equaling 98.5%
Agricultural production in April 2023 focuses on taking care of spring crops in the northern localities; harvesting rice, spring crops and planting autumn rice in southern localities
The industrial production index in April is estimated to increase by 3.6% compare to last month and by 0.5% compare to last year.
As of April 15, 2023 the whole country cultivated 2,949.5 thousand hectares of spring rice, equalling 98.6% of the same period last year, of which: Northern localities planted 1,066.2 thousand hectares, equalling 99%; the southern localities planted 1,883.3 thousand ha, equalling 98.4%
The decrease in food prices due to abundant supply and the adjustment of tuition fees in some localities in accordance with Resolution No. 165/NQ-CP were the main reasons for the decrease in the consumer price index (CPI) in April 2023 0.34% compared to last month
