Skip Ribbon Commands
Skip to main content
Sunday, August 19 2018
Tiếng Việt
a A
Date 29/06/2018-10:12:00 AM
Socio-economic indicator achieved in 2018

1. The socio-economic indicator of the first 6 months of 2018 (According to Report No. 85/BC-TCTK dated June 28th, 2018 by the GSO)

- Gross Domestic Product: GDP of the first six months of 2018 was estimated to increase by 7.08% as compared to the same period last year (that of the first quarter increased 7.45%; that of the second quarter increased 6.79%), this is the highest increase of the first six months since 2011, affirming the timeliness and efficiency of the Government’s drastic direction for all levels, branches, localities together to make effort to achieve economic growth target for 2018. In the national economic growth, the sector of agriculture, forestry, and fishery increased 3.93%, contributed 9.7% into the general growth; the industrial and construction sector increased 9.07%, contributed 48.9%; service sector increased 6.90%, contributed 41.4%.

- Agricultural, forestry and fishery production:Agriculture continues to affirm a clear recovery trend when gained an increase of 3.28%, contributed 0.45 percentage point into the growth rate of the total added value of the economy; fishery gained a fairly good result with an increase of 6.41%, also achieved the highest growth rate in the last 8 years, contributed 0.21 percentage point; forestry increased by 5.12%, higher than the increase of 4.31% of the same period last year but only contributed 0.04 percentage point because of its low proportion.

- Industrial production:Generally in the first six months of 2018, the IIP increased by 10.5% as compared to the same period last year (in the first quarter increased 12.9%, in the second quarter increased 8.4%), higher than the increase of 7% the same period in 2017.

- Enterprise operation:Generally in the first six months of 2018, the whole country has 64,531 newly registered enterprises with the total registered capital of 649 trillion dong, up 5.3% in the number of enterprises and up 8.9% in registered capital as compared to the same period in 2017; the average registered capital of a newly established enterprise was 10.1 billion dong, up 3.4%. If including 1,192.2 trillion dong of additionally registered capital of enterprises changing to raise capital, the total registered capital added to the economy in the first 6 months of 2018 was 1,841.2 trillion dong. Besides, there were 16,449 enterprises back to operation, increased 7% as compared to the same period last year, bringing the total number of newly registered enterprises and those back to operation in the first 6 months of 2018 to nearly 81 thousand enterprises. The total registered labor of the newly established enterprises of the first six months of 2018 was 508.5 thousand, down 18.9% as compared to the same period last year.

- Services:Considering by kinds of activity, the retailed sales of consumer goods in the first six months of 2018 was estimated at 1,597.4 trillion dong, accounting for 75.3% of the total amount and up 11.3% as compared to the same period last year, due to the diversity of goods, the stability in price and the guarantee in quality of commodities in the market, ensuring to meet the demand for shopping goods of the people and tourists.

- Passenger and cargo transportation:Generally in the first six months, cargo transportation reached 796.2 million tons, up 9.3% YoY and 147.9 billion tons-kms, up 6.6%, in which, domestic transportation gained 779.4 million tons, up 9.5% and 79.6 billion tons-kms, up 9.7%; foreign transportation was estimated at 16.8 million tons, up 2.3% and 68.3 billion tons-kms, up 3.2%.

- International visitors to Vietnam:In the first six months of 2018, the foreign visitors were estimated at 7,891.5 thousand arrivals, up 27.2% YoY.

- Banking operation:As of June 20th, 2018, total means of payment increased by 7.96% as compared to the end of 2017 (that of the same period last year by 5.69%), the mobilized capital of credit organizations increased by 7.78 % (that of the same period in 2017 by 5.89 %); credit growth of the economy in the first six months of 2018 reached 6.35 % (that of the same period last year reached 7.54 %).

- Investment:The realized social investment capital of the first six months of 2018 at current price was estimated at 747.6 trillion dong, up 10.1% YoY and equaling 32.9% of GDP, including 249.8 trillion dong of state sector capital, capturing 34.4% of the total capital and up 3.3% YoY; 308.4 trillion dong of non-state sector, making up 41.3% and up 17.5%; 189.4 trillion dong of FDI sector, accounting for 25.3% and up 8.5%.

As regards FDI, from the beginning of the year to June 20th, 2018, the economy attracted 1,366 newly licensed projects with 11,799.8 million USD of registered capital, increased by 15.5% in the numbers of projects and decreased 0.3% in the registered capital as compared to the same period in 2017. Generally, Vietnam’s investment abroad (newly and additionally licensed capital), in the first six months of 2018 was 263.1 million USD. The whole country had 45 provinces, centrally-run cities having newly licensed FDI projects in the first six months of 2018.

- State budget revenue and expenditure:Total state budget revenue from the beginning of the year up to June 15th, 2018 was estimated at 528.1 trillion dong, equaling 44.1%% of the yearly estimate, of which, domestic revenue was 462.7 trillion dong, equivalent to 42.1%; revenue from crude oil was 27 trillion dong, equaling 75.1%; budget revenue from import and export activities was 92 trillion dong, equivalent to 51.4%. Total state budget expenditure from the beginning of the year to June 15th, 2018, was estimated at 586 trillion dong, equaling 38.5% of the yearly estimate, of which, regular expenditures were 416 trillion dong, equivalent to 44.2%; debt interest payment was 55.9 trillion dong, equaling 49.7%; expenditure on new development investment was 27.8% of the yearly estimate, equaling 111.1 trillion dong.

- Export & import:Generally in the first six months of 2018, export turnover of goods was estimated at 113.93 billion USD, up 16% over the same period in 2017. If excluding the price factor, export turnover of goods in the first six months of 2018 increased by 15.2% as compared to the same period in 2017. Import turnover of goods for the first quarter of 2018 was estimated at 111.22 billion USD, up 10% over the same period last year. If excluding the price factor, import turnover of goods for the first six months increased by 8.9% as compared to the same period in 2017.

- Consumer price index:Average CPI of the first six months of 2018 increased by 3.29% over the same period last year; CPI of June 2018 rose by 2.22% over December 2017 and by 4.67% as compared to the same period last year. CPI in June 2018 increased by 0.61% as compared to the previous months, it is the highest increase in June in the last seven years. Core inflation in June 2018 increased by 0.1% as compared to the previous month and increased 1.37% as compared to the same period last year. The average core inflation of the first six months of 2018 increased by 1.35%, as compared to the same period in 2017.

- Labor & employment:Up to July 1st, 2018, the labor force aged 15 and over was estimated at 55.1 million people nationwide, adding 594 thousand people over the same period of 2017, including 28.8 million of male labor, capturing 52.2% and 26.3 million of female labor, making up 47.8%.

2. 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 by 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 by 4.05% contributed 0.46 percentage point; the industrial and construction sector increased by 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 of goods 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 goods in 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%.


Ministry of Planning and Investment

  • Viewed: 357

Rating

(Choose stars to rate)
  
Ministry of Planning and Investment Portal
Copyright by Ministry of Planning and Investment
Address: No. 6B, Hoang Dieu, Ba DiAddress: No. 6B, Hoang Dieu, Ba Dinh, Hanoi - Tel: (84-80)43485; (84-24)38455298 (Ministry Office);
Fax: (84-24)38234453 (Ministry Office); Email: banbientap@mpi.gov.vn