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Thursday, June 21 2018
Tiếng Việt
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Date 29/03/2018-10:12:00 AM
Socio-economic indicator achieved in 2018

The first 3 months of 2018 (According to Report No. 42/BC-TCTK dated March 28th, 2018 by the GSO)

- Gross Domestic Product: GDP of the first quarter of 2018 was estimated to increase 7.38% as compared to the same period last year, this is the highest increase of the first quarter in the last 10 years, in which the agriculture, forestry, and fishery production sector increased 4.05% contributed 0.46 percentage point; the industrial and construction sector increased 9.70%, contributed 3.39 percentage point; service sector increased 6.70%; contributed 2.75 percentage point.

- Agricultural, forestry and fishery production: Agriculture sector increased by 3.76% as compared to the same period last year, higher than the increase of the first quarters of the years from 2011 to 2017, contributed 0.31 percentage point to the general growth, this showed that the trend of shifting product structure within the sector toward investing in the products with high economic value had effective effects; forestry increased by 5.03%, only contributed 0.03 percentage point because of its low proportion; fishery increased by 4.67%, achieved the highest growth rate in the last 8 years, contributed 0.12 percentage point.

- Industrial production: Generally in the first quarter of 2018, the IIP increased by 11.6% as compared to the same period last year, much higher than the increase of the same period in recent years.

- Enterprise operation: In the first quarter this year, there were 26,785 newly registered enterprises with the total registered capital of 278.5 trillion dong, up 1.2% in the number of enterprises and up 2.7% in registered capital as compared to the same period in 2017; the average registered capital of a newly established enterprise was 10.4 billion dong, up 1.5%. The total registered labor of the newly established enterprises in the first quarter was 225.4 thousand, down 22.7% as compared to the same period in 2017. The number of enterprises suspending its business in the first quarter this year was 20,337, down 1.4% as compared to the same period last year. The number of enterprises completed the procedure of dissolving in the first quarter of 2018 was 3,321 enterprises, up 1.6% as compared to the same period last year.

- Services: Total retailed sales of consumer goods and services in the first quarter of 2018 was estimated at 1,048 trillion dong, up 9.9% as compared to the same period last year, if excluding the price factor, it rose 8.6% ( at the same period in 2017, it increased 6.4%).

- Passenger and cargo transportation: Passenger transportation of the first 3 months was estimated at 1,049.8 million passengers, up 9.5% YoY and 46.8 billion of passengers-kms, up 10%; cargo transportation reached 391.5 million tons, up 8.8% YoY and 72.7 billion tons-kms, up 5.8%.

- International visitors to Vietnam: In the first quarter of 2018, the foreign visitors were estimated at 4,205.4 thousand arrivals, up 30.9% YoY.

- Banking operation: As of March 20th, 2018, total means of payment increased by 3.23% as compared to the end of 2017 (that of the same period last year by 2.88%), the mobilized capital of commercial banks rose by 2.20% (that of the same period last year by 2.43%); credit growth of the economy reached 2.23% (that of the same period last year reached 2.81%).

- Investment: The realized social investment capital of the first quarter of 2018 at current price was 331.2 trillion dong, up 10.4% YoY and equaling 32.2% of GDP, including 104.6 trillion dong of state sector capital, capturing 31.6% of the total capital and up 4.4% YoY; 138.8 trillion dong of non-state sector, making up 41.9% and up 16.9%; 87.8 trillion dong of FDI sector, accounting for 26.5% and up 8.1%.

As regards FDI, from the beginning of the year to March 20th, 2018, the whole economy attracted 618 newly licensed projects with 2,121.6 million USD of registered capital, increased by 25.4% in the numbers of projects and decreased 27.3% in the registered capital as compared to 2017. Regarding Vietnam’s investment abroad, in the first quarter of 2018, the whole country had 23 projects granted certificate of investment abroad with a total investment capital of 123.6 million USD from Vietnam.

- State budget revenue and expenditure: Total state budget revenue from the beginning of the year up to March 15th, 2018 was estimated at 232.2 trillion dong, equaling 17.6% of the yearly estimate, of which, domestic revenue was 185.6 trillion dong, equivalent to 16.9%; revenue from crude oil was 10.7 trillion dong, equaling 29.9%; budget revenue from import and export activities was 35.8 trillion dong, equivalent to 20%. Total state budget expenditure from the beginning of the year to March 15, 2018, was estimated at 225.9 trillion dong, equaling 14.8% of the yearly estimate, of which, regular expenditures were 183 trillion dong, equivalent to 19.5%; expenditure on development investment was 17.5 trillion dong, equaling 4.4% of the yearly estimate; debt interest payment was 24.9 trillion dong, equaling 22.1%.

- Export & import: In the first quarter of 2018, export turnover was estimated at 54.31 billion USD, up 22% over the same period last year. If excluding the price factor, in the first quarter, it increased by 22.1% as compared to the same period in 2017. Import turnover of the first quarter of 2018 was estimated at 53.01 billion USD, up 13.6% over the same period last year. If excluding the price factor, import turnover of the first quarter of 2018 increased by 12.8% as compared to the same period in 2017. Generally, in the first quarter of 2018, the trade balance of goods surplus was 1.3 billion USD, of which the FDI sector (including crude oil) made up a trade surplus of 7.6 billion USD, while the domestic sector had a trade deficit of 6.3 billion USD.

- Consumer price index: Average CPI of the first quarter of 2018 increased by 2.82% over the same period last year; CPI of March 2018 rose by 0.97% over December 2017 and by 2.66% as compared to the same period last year. Core inflation in March 2018 decreased 0.09% as compared to the previous month and increased 1.38% as compared to the same period last year. The average core inflation of the first quarter of 2018 increased by 1.34%, as compared to the same period last year.

- Labor & employment: Up to April 1st, 2018, the labor force aged 15 and over was estimated at 55.1 million people nationwide, adding 586.8 thousand people over the same period of 2017, including 28.6 million of male labor, capturing 52% and 26.5 million of female labor, making up 48%./.


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