As of January 15, 2023, 1,882.1 thousand hectares of winter-spring rice had been cultivated, equaling 99.9% of the same period last year. Meanwhile, 138.8 thousand hectares of maize had been planted, equaling 96.9% of the same period last year. The figure for sweet potatoes was 29.3 thousand hectares, equaling 97.9%; 28.3 thousand hectares of peanuts, equaling 99.2%; 3.1 thousand hectares of soybeans, equaling 93.2%; 313.4 thousand hectares of vegetables and beans, equaling 107.1%.
Livestock saw stable development. It is estimated that by the end of January 2023, the total number of pigs increased by 10.4% compared to the same period in 2022; the total number of cows increased by 3%; the total number of buffaloes decreased by 1.7%; the total number of poultry increased by 3.4%.
The area of newly planted forests was estimated at 8.1 thousand ha in January 2023, up 5% over the same period in 2022. The number of scattered forest trees reached 4.5 million, up 4.9% while timber production reached 951.6 thousand m3, up 1.6%. The damaged forest area was 29.9 ha, down 44.3%, of which burnt forest area was 2.5 ha, down 64.4%, destroyed forest area was 27.4 ha, down 41.2%.
Aquaculture production in January 2023 was estimated at 592.1 thousand tons, up 0.2% over the same period last year. Specifically, aquaculture production reached 333.7 thousand tons, up 3.5% ; fishing output reached 258.4 thousand tons, down 3.8%, of which marine fishing production was estimated at 244.8 thousand tons, down 4%.
The index of industrial production (IIP) in January 2023 was estimated to decrease by 14.6% over the previous month and by 8% compared to the same period last year. In particular, the processing and manufacturing industry decreased by 9.1%, reducing 7 percentage points in the overall growth; mining industry decreased by 4.9%, reducing 0.8 percentage points; electricity production and distribution decreased by 3.4%, reducing 0.3 percentage points; water supply, waste and wastewater treatment and management activities increased by 3.7%, contributing 0.1 percentage point.
As of January 1, 2023, the number of employees working in manufacturing enterprises decreased by 0.9% compared to the last month and increased by 0.2% over the same period last year.
In January 2023, there were 10.8 thousand newly established enterprises, up 0.7% over the previous month and down 16.6% over the same period last year. There were 15.1 thousand enterprises returning to operation, an increase of 146.8 % and a decrease of 21.2.
At the same time, 34,994 enterprises registered to suspend business for a definite time, up 19.6% over the same period in 2022; there were 6,841 enterprises shutting down and waiting for dissolution procedures, down 3.4%; 2,038 enterprises completed dissolution procedures, up 0.6%.
Realized investment capital from the State budget in January 2023 was estimated at VND 27 trillion, equaling 4% of the annual plan and increasing by 3.2% over the same period last year.
As of January 20, 2023, total foreign investment capital registered in Vietnam including newly registered capital, adjusted registered capital and capital contribution and share purchase by foreign investors reached USD 1.69 billion, down 19.8% over the same period last year.
Realized foreign direct investment in Vietnam in January 2023 was estimated at USD 1.35 billion, down 16.3% over the same period last year.
Regarding Vietnam's investment abroad in January 2023, there weres 3 new projects granted investment certificates with the total capital of Vietnam reaching USD 126.6 million, 2.9 times higher than the same period last year.
Total retail sales of consumer goods and services in January 2023 was estimated at VND 544.8 trillion, up 5.2% over the previous month and 20% over the same period last year. However, the total retail sales of consumer goods and services in January of this year only reached 88.1% of this target in normal conditions.
– Exports of goods
Export turnover of goods in January 2023 was estimated at USD 25.08 billion, down 13.6% over the previous month and down 21.3% over the same period last year.
Regarding the structure of goods export goods, in January, processed industrial products accounted for 89%.
– Imports of goods
Import turnover of goods in January 2023 was estimated at USD 21.48 billion, down 21.3% over the previous month and down 28.9% over the same period last year.
As for the structure of imported goods in January 2023, production materials accounted for 93%.
– Export and import market of goods: in January 2023, the United States was Vietnam's largest export market with an estimated turnover of USD 7.6 billion. China was Vietnam's largest import market with an estimated turnover of USD 8.1 billion.
– Trade balance: January 2023 saw a trade surplus of USD 3.6 billion. In particular, the domestic economic sector had a trade deficit of USD 1.04 billion while the foreign-invested sector (including crude oil) had a trade surplus of USD 4.64 billion.
Consumer price index (CPI) in January 2023 increased by 0.52% over the previous month and by 4.89% over the same period in 2022. Core inflation in January 2023 increased by 5.21% over the same period last year, higher than the average CPI. This can be explained by the fact that the price of gas and the price of educational services decreased, which was the factor restraining the CPI growth rate.
Gold price index in January 2023 increased by 0.51% compared to the previous month and by 3.57% over the same period last year.
The US dollar price index in January 2023 decreased by 2.05% compared to the previous month but increased 3.18% over the same period last year.
Source: GSO
Compiled by VietnamCredit
