Socio-economic situation in January of 2017
The realized investment of State budget in January was estimated at 15,203 billion VND, equivalent to 5.3% of the yearly plan and an increase of 1.9% compared to the same period in 2016.
The realized investment of State budget in January was estimated at 15,203 billion VND, equivalent to 5.3% of the yearly plan and an increase of 1.9% compared to the same period in 2016.
As of January 15, 2018, the country cultivated 1,807.1 thousand hectares of winter-spring paddy, an equal to 99% compared with the same period last year.
In February, the index of industrial production (IIP) was estimated to decrease by 17.1% over the previous month and increase 8% year on year, mainly due to February this year coinciding with the Lunar New Year holiday therefore the number of working days less than other months.
GDP in the 1st quarter of 2018 was estimated to increase by 7.38%, which was the highest rate of the 1st quarter in the last 10 years, compared to the same period last year, confirming the timeliness and efficiency in the issuance of solutions and drastic direction of the Government to all levels, sectors and localities to make efforts from the first days and months of 2018.
Gross retail sales of consumer goods and services in April 2018 were estimated at 350.5 trillion VND, an increase of 1.7% over the previous month and an increase of 9.5% over the same period in 2017.
Fishery production in May was estimated at 654.3 thousand tons, grew up 6.7% compared with the same period last year, that included fish reached 483.6 thousand tons, grew up 7.2%; shrimp reached 70.2 thousand tons, rose by 11.3%; other fisheries reached 100.5 thousand tons, rose by 1.5%.
Gross domestic product (GDP) in the first 6 months of 2018 was estimated to increase 7.08% compared to the same period last year, the highest increase of 6 months from 2011 onwards, affirming the timeliness and efficiency of the drastic direction of the Government to achieve the economic growth target in 2018.
The gross domestic product (GDP) in the first quarter of 2019 was estimated to increase by 6.79% compared to the same period last year, lower than the growth rate of the first quarter of 2018 but higher than the growth of the first quarter of 2011-2017.
The gross domestic product (GDP) in the fourth quarter of 2018 was estimated to increase by 7.31% over the same period last year, of which the agriculture, forestry and fishery sector increased by 3.90%.
In November 2018, the realized investment of the State budget was estimated at 36.7 trillion VND, increasing by 15.4% over the same period of the previous year.