SOCIAL AND ECONOMIC SITUATION, FOUR BEGINNING MONTHS OF 2017

1. Agriculture, forestry and fisheries

a. Agriculture

Up to April 15, the country has planted 3,073 thousand hectares of winter-spring rice, equivalent to the same period in 2016. The northern provinces up to now basically finished planting with an area of ​​1,144.1 thousand hectares, equaling 99.7% of same period last year. Southern provinces cultivated 1,928.9 thousand ha, equaling 100.2% of the same period in 2016.

In the middle of April, southern provinces harvested 1,571 thousand ha of winter-spring rice, accounting for over 81% of the breeding area and equaling 99.1% of the same period last year. Up to April 15, the southern provinces sowed 615.6 thousand hectares of summer-autumn rice, equaling 94.8% of the same period last year.

As of mid-April, localities in the country cultivated 442.8 thousand hectares of maize, equaling 100.7% over the same period last year; 71.8 thousand ha of sweet potato, equaling 95.4%; 138.1 thousand ha of peanuts, equaling 99.1%; 29.3 thousand hectares of soybeans, equaling 79.6%; 559.7 thousand ha of vegetables, equaling 103.9%.

The number of buffaloes in the month was estimated to fall by 0.1% over the same period last year; Cattle increased 2.3%; Poultry up 3.1%. The countrys pig population in April fell by 0.2% over the same period in 2016.

+ Agricultural production as of April 15, 2017

b. Forestry

In the first four months of the year, the area of ​​concentrated forestation was estimated at 52 thousand hectares, up 5.3% over the same period last year. The number of scattered planted trees was 24.4 million, up by 1.7%; Timber production reached 2,554 thousand m3, up 0.6%; The output of firewood was 9.4 million m3, up 1.1%.

In the first four months of this year, the damaged forest area was 437.4 hectares, down 69.6% against the same period last year, of which the forest area was 155.3 hectares, down 86.5% ; The area of ​​cleared forest was 282.1 ha, decreased 3.1%.

c. Fishing

In the first four months of the year, aquaculture output was estimated at 1,902.2 thousand tons, increasing by 3.1% against same period last year, of which aquaculture production was 864.5 thousand tons, up 2% ; Production of exploited aquatic products was 1,037.7 thousand tons, increasing by 4.1% (sea product output reached 990.3 thousand tons, increasing by 4.2%).

2. Industrial production

For the first 4 months of 2017, the manufacturing index of the whole industry increased 5.1% over the same period last year, much lower than the increase of the same period in 2016, but higher than the increase of 4.2% of the 1st quarter this year. Inventory index of the entire processing and manufacturing industry as of April 1, 2017 increased by 12.7% compared to the same period in 2016 (same period last year increased by 8.9%). The average inventory level of the whole processing and manufacturing sector in the first three months was 71.9%.

The number of employees working in industrial enterprises as of 1 April 2017 increased by 2.4% over the same period last year (in the same period of 2016 increased by 6%), of which labor in the enterprise sector State decreased by 2.2%; Non-state enterprises decreased by 0.3%; Foreign direct investment enterprises increased by 4.9%. At the time, the number of employees working in the mining sector decreased by 4.8% over the same period last year; Manufacturing up 2.9%; Electricity production and distribution decreased by 0.4%; Water supply, waste treatment, waste water increased by 1.3%.

+ Industrial production index
+ Major industrial products
+ Consumption index and inventory index of processing industry
+ Employer index of industrial enterprises


3. Business registration status[1]

In the first four months of the year, there were 39,580 registered enterprises nationwide with a total registered capital of 369.6 trillion dong, up 14 percent in enterprises and 48.9 percent in registered capital overr the same period of 20162; The average registered capital of newly established enterprises was VND9.3 billion, up 30.6%. If including 455.7 trillion of enterprises changed the capital increase, the total registered capital added to the economy in the first 4 months of 2017 is 825.3 trillion dong. In addition, 11,545 enterprises returned to operation, up 1.9% over the same period last year, bringing the total number of newly registered enterprises and businesses returning to operation in the first four months of this year to over 51 thousand businesses.

The total number of registered employees of newly established enterprises in 4 months was 424 thousand people, equaling 99.2% of same period last year.

The number of enterprises completing dissolution procedures in the first four months of 2017 was 4,057, an increase of 7.9% over the same period last year (of the same period in 2016, up 15.7%). Capital of less than 10 billion, accounting for 92.3%. By type of enterprise, of the total number of enterprises completing dissolution procedures, there are 1,604 one-member limited liability companies (39.5%); There are 1,203 limited liability companies with 2 members (accounting for 29.7%); There are 727 private enterprises (17.9%) and 523 joint stock companies (12.9%).

The number of enterprises suspended in the first 4 months of the year was 27,400, up 9% against the same period last year, including 11,491 enterprises registered for temporary termination of business, up 21.6% and 15,909 suspended or waiting for dissolution business, up 1.4%.

+ Number of businesses returning to operating in the field of activity
+ Number of enterprises suspended by activity sector


4. Investment

In the first four months of the year, investment capital from state budget was 64.4 trillion VND, equaling 22.2% of the year plan and 3.6% higher than the same period in 2016, including: The central managed budget reached 14.1 trillion VND, equaling 21% of the year plan and 3.7% higher than the same period last year; Local managed capital reached VND50.3 trillion, equal to 22.6% of the full year target and up 3.5% over the same period in 2016.

Regarding foreign direct investment, from the beginning of the year to April 20, 2007, 734 new licensed projects with registered capital of 4,881.6 million USD have been attracted [2], increasing 5.3% in number of projects and decreasing 4% in registered capital compared to the same period of 2016. In addition, 345 projects have been licensed in the previous years registered to adjust investment capital with additional capital of $ 4,361.2 million[3].

In the first four months of 2017, there were 1,687 capital contributions, shares of foreign investors with a total capital contribution of $ 1,355.2 million. Thus, the total registered capital of new projects, supplementary capital and investment in the form of capital contribution and share purchase in 4 months reached US$ 10.598 million, up 40.5% over the same period. last year. Foreign direct investment (FDI) in 4 months was estimated at US $ 4.8 billion, up 3.2% over the same period in 2016.

In the first four months of the year, there were 48 provinces and cities directly under the Central Government which had new licensed foreign direct investment projects in 46 countries and territories.

+ Investment capital from the state budget
+ Foreign direct investment is licensed from 01/1 - 20/4/2017

5. State budget revenues and expenditures

Total state budget revenue from the beginning of the year to 15/4/2017 was estimated at 316.7 trillion VND, equaling 26.1% of the yearly estimate, of which domestic revenue was 253.8 trillion VND, equaling 25 , 6%; Revenue from crude oil was 13 trillion dong, equaling 33.9%; The budget revenue from import and export activities was 49.9 trillion VND, equaling 27.7%. In the domestic revenue, land use fees reached 29.5 trillion VND, equaling 46.3% of the yearly estimate; Personal income tax revenue was 26.2 trillion VND, equaling 32.5%; Taxes on public, commercial and non-state services 52.1 trillion, equaling 26.8%; Income from foreign-invested enterprises (excluding crude oil) was VND 47.3 trillion, equaling 23.5%; Environmental protection tax collected 9.5 trillion VND, equaling 21%; Income from state owned enterprises was 49.4 trillion VND, equaling 17.3%.

Total state budget spending from the beginning of the year to April 15, 2012 was estimated at VND 336.8 trillion, equaling to 24.2% of the yearly estimate, of which regular expenditures were VND 246.7 trillion, equal to 27.5% of the year estimate; Interest payments were 31.6 trillion VND, equaling 32%; New development investment alone reached 57.8 trillion VND, equaling 16.2% of the yearly estimate. Loan repayment from the beginning of the year to 15/4/2017 is estimated at 54 trillion VND, equaling 33% of the yearly estimate.

6. Trade, price, transport and tourism

a. Retailing of goods and sales of consumer services

For the first 4 months of this year, the total retail sales of goods and services were estimated at VND 1,267.9 trillion, up 9.6% over the same period last year; Excluding the price factor, the price increased by 6.7% (lower than the 7.8% increase in the same period in 2016).

Revenue from accommodation and catering services in 4 months was estimated at 153.4 trillion VND, accounting for 12.1% of the total and increasing 11.3% over the same period last year. Revenue from tourism in 4 months was estimated at VND10.3 trillion, accounting for 0.8% of the total and increasing by 6.3% over the same period last year. Revenue from other services in 4 months was estimated at VND148.4 trillion, accounting for 11.7% of the total and up 7% over the same period of 2016.

+ Total retail sales and consumer service revenue

b. Exports-Imports

In the first four months of this year, export turnover was estimated at $ 61.3 billion, up 15.4% over the same period last year, of which the domestic economic sector gained $ 17.3 billion, 13,7%; Foreign-invested sector (including crude oil) reached $ 44.0 billion, an increase of 16.1%. In terms of commodity export market in the first 4 months, the US still remains the biggest export market of Vietnam with the turnover of USD 11.9 billion, up 3.7% over the same period of 2016; Followed by the EU with $ 11.3 billion, up 8.8%; China reached USD 8.6 billion, up 45.1%; ASEAN reached US $ 6.7 billion, up 26%; Japan reached $ 5.2 billion, up 19.3%; South Korea reached $ 4.4 billion, up 32%. In the first four months, import turnovers were estimated at $ 64.1 billion, up 24.9% over the same period last year, of which the domestic economic sector gained $ 25.8 billion, increasing 24.4%; The foreign invested sector reached $ 38.3 billion, up 25.3%. Regarding import market in the first 4 months, China remains the largest import market of Vietnam with turnover reaching 17.6 billion USD, up 19.4% over the same period in 2016[4]. Korea followed with $ 13.7 billion, up 45.3%[5]; ASEAN reached 8.9 billion USD, up 20.4%; Japan reached $ 5.1 billion, up 16.9%; EU reached $ 3.8 billion, up 24.3%; The United States reached $ 3 billion, up 23.1%.

For the first four months of 2017, the trade deficit was $ 2.74 billion, equivalent to 4.5% of the total export turnover, of which the domestic economic sector gained $ 8.49 billion; The foreign invested sector (including crude oil) has a trade surplus of $ 5.75 billion.

+ Exports
+ Imports

c. Consumer price index, gold price index and US dollar price index

Consumer price index (CPI) in April 2017 remained unchanged from the previous month. Average CPI in the first four months of 2017 increased by 4.80% compared to the same period of 2016, lower than the average of 4.96 in the first quarter of 2017. Consumer price index in April 2017 increased by 0.90% compared to December 2016 and increased 4.30% over the same period last year.

Core inflation in April 2017 increased 0.09% over the previous month and increased 1.50% over the same period last year. The average inflation in the first four months of 2017 rose 1.62% over the same period of 2016.

Gold price index in 4/2017 increased by 1.01% over the previous month; Increased 3.01% compared to December 2016 and increased 5.74% over the same period last year. USD price index in April 2017 decreased by 0.28% over the previous month; Decreased 0.02% compared to December 2016 and increased 1.58% over the same period in 2016.

+ Consumer price index, gold price index, US dollar price index and core inflation index April 2017

d. Carriage of passengers and cargo

In the first four months of the year, passenger transportation reached 1,302.9 million passengers, up 9% over the same period last year and 59.1 billion passengers-kilometers, up 8.5%, of which rad transport reached 1,227.3 million passengers, up 9.4% and 40.1 billion passengers-kilometers, up 8%; Sea transport reached 2.2 million passengers, up 7.7% and 110 million passengers-kilometers, up 7.3%. Airfreight reached 14.2 million passengers, up 10.1% and 16.7 billion passengers-kilometers, up 11%. Railway transport reached 3.1 million passengers, down 9.1% and 1.2 billion passengers-kilometers, down 4% over the same period in 2016.

In the first four months, the transport of goods reached 467.8 million tons, up 9.1% over the same period last year and 86.4 billion tons.km, up 6%, of which domestic transport reached 456.8 In tons, up 9.3% and 42.5 billion tons-kilometers, up 11%; Overseas transport reached 11 million tons, up 0.6% and 43.9 billion tons-kilometers, up 1.6%. By sector, road transport was 363.8 million tons, up 9.5% over same period last year and 22.6 billion tons.km, up 12.1%; Riverway reached 79.7 million tons, up 7.1% and 17 billion tons-kilometers, up 6.6%; Sea transport reached 22.4 million tons, up 10.3% and 45.5 billion tons-kilometers, up 3%; The railway reached 1.8 million tons, up 3.5% and 1.1 billion tons-kilometers, up 7.1%.

+ Passenger and cargo transportation
 
e. International visitors to Vietnam

In the first four months of this year, international visitors to Vietnam were estimated at 4,284.1 thousand, increasing by 30.3% over the same period last year, of which arrivals by air reached 3,511.5 thousand, up 32.6%; By land reached 610.8 thousand, increasing by 11.1%; Arriving by sea reached 161.8 thousand, increasing by 77.6%.

In 4 months this year, visitors from Asia reached 3,065.2 thousand turns, up 35.3% over the same period last year. Visitors from Europe were estimated at 747.1 thousand, increasing by 25.5% over the same period last year. Visitors from the Americas reached 315,000 people, up 11.1% over the same period last year.

+ International visitors to Vietnam

7. Social issues

a. Famine in farmers

In the first four months of 2017, there were 93.9 thousand turns of hunger households, down 26.1% against the same period last year, equivalent to 386.7 thousand hungry people, down 26%. To overcome hunger, from the beginning of the year, levels, branches and organizations from the central to local levels have provided food shortage households with 13.4 thousand tons of food and about 1.1 billion VND. In April only, 2.1 thousand tons of food were supplied.

b. Disease and food poisoning

In the first 4 months of the year, there were nearly 10.8 thousand cases of foot and mouth disease in the whole country; 20.9 thousand cases of hemorrhage fever (4 deaths); 131 cases of typhoid; 129 cases of viral encephalitis (5 deaths); 11 cases of meningococcal meningitis (1 death); 21 cases of Zika virus infection; 220 cases of pertussis (5 deaths) and 34 cases of porphyria (3 deaths).

The total number of people living with HIV throughout the country as of 17/4/2017 is 216.5 thousand people, of which 88.7 thousand cases have transitioned to AIDS; The death toll from HIV / AIDS in the whole country is 90,700.

From 18/12/2016 to 17/4/2017, there were 29 cases of food poisoning in the whole country, causing 755 cases of poisoning, of which 15 died.

c. Traffic accident

In the first four months of 2017, there were 6,369 traffic accidents in the whole country, including 3,213 traffic accidents of lesser severity and 3,156 traffic crashes, of which 2,795 died, 1,440 were injured and 3,679 were slightly injured. Compared with the same period last year, the number of traffic accidents in the first four months of this year decreased by 3.9% (the number of minor and minor traffic crashes decreased by 2.5%, the number of traffic crashes decreased 5.3%); Deaths decreased by 2.4%; The number of injured people decreased by 26.8% and the number of minor injuries decreased by 5.2%. Of the 3,213 traffic accidents of less severe and up to 4 months past, 3,124 cases (97.2%) occurred in roads, causing 2,722 deaths and 1,407 injuries; Rail traffic accidents continued to evolve with 54 cases, causing 46 deaths and 23 injuries; 30 waterway traffic accidents resulted in 18 deaths and 10 injuries.

On average, one day in the first four months of the year, 53 accidents occurred in the whole country, including 27 minor traffic accidents and 26 traffic crashes, 12 were injured and 30 were slightly injured.

d. Damage caused by natural disaster

In the first four months of the year, natural disasters killed two and injured 13 people; Nearly 4,000 houses suffered from being collapsed, landslide, roof-blown away; 4.4 thousand hectares of rice and 2.5 thousand hectares of crops were damaged. The total value of losses in 4 months is estimated at over VND 213 billion.

e. Environmental protection fire and explosion prevention

In the first four months of 2017, 6,457 cases of violations of regulations on environmental protection have been detected in the whole country, handling 5,634 cases with a total fine of over 86 billion VND.

In the first four months of this year, there were 1,687 fires and explosions, of which 40 died and 87 were injured. The damage was estimated at 864 billion VND. Compared to the same period in 2016, the number of fires and explosions increased by 37.8%, the number of deaths was nearly two times, the number of injured people by 22.3% and the estimated damage by 36.1%.

GENERAL STATISTIC OFFICE

[1] Source National EnterpriseRegistration Information System, MPI.

2. In the same period of 2016, the number of newly established enterprises by 22.9% over the same period last year; Registered capital by 52.8%.

[2] Including Block B-Omon gas pipeline project lisenced on 20/4/2017 with total registered investment capital of US $ 1 .27 tỷ USD, jointly invested by Japanese investors with PVN and PVGAS Viet Nam i Giang.

[3]Of which: SamSung Display Vietnam project  increased investment capital of 2.5 billion USD in Bac Ninh; Plant project Polytex Far Eastern (Vietnam) Co., Ltd. in Binh Duong increased investment capital  of $ 485.8 million;

[1] Trade deficit from China in the first four months of 2017 is $ 9 billion, up 2.3% over the same period in 2016.

[1] Trade deficit from the Korean market in the first four months of 2017 was $ 9.3 billion, up 6.1% over the same period in 2016.


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