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ST A TISTICS

RETAIL PRICE INDEX
MONTHLY INFLATION
MONTHLY INFLATION
DEC’2023 DEC’2023 Unit: %
COMPARED TO DEC’2022 COMPARED TO NOV’2023 2023 2022 2019*
PRICE INDEX, % CHANGE (TOTAL) (TOTAL) (TOTAL) 2.0 2023
Overall +3.58 +0.12 +3.25 +3.15 +2.79 2022
Hanoi +4.77 - 0.10 +2.04 +3.40 +3.77 1.5 2021
Ho Chi Minh City +2.67 +0.00 +3.30 +2.37 +3.84
GOLD INDEX, % CHANGE 1
Overall +13.13 +3.98 +4.16 +5.74 +7.55 1.0
Hanoi +15.78 +4.17 +5.58 +2.01 +8.48 0.66 0.58
0.66
Ho Chi Minh City +9.78 +4.67 +1.95 +16.95 +5.79 0.5 0.46 0.48 0.44 0.44 0.40 0.47 0.45 0.43 0.33
US DOLLAR VS VIETNAMESE DONG, % CHANGE 0.29 0.29 0.36 0.32
Overall + 1.04 - 0.57 +1.86 +2.09 +0.99 0.27 0.07 0.27 0.24 0.26 0.11
0.17
Hanoi + 0.79 - 0.73 +2.08 +1.96 +1.04 0.0 0.25 0.22 0.15 0.07 0.16 0.16
0.16
0.09
Ho Chi Minh City + 0.75 - 0.70 +2.38 +1.14 +1.01 -0.12 0.13 -0.06 -0.02 -0.26 -0.17
NOTE: *: Changes are year on year
-0.5
IMPORTS BY COUNTRY/TERRITORY EXPORT MARKETS -1.0
Unit: $m Unit: $m Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
COUNTRY/ COUNTRY/
NOV’23
TERRITORY NOV’23 OCT’23 2022 2020 TERRITORY OCT’23 2022 2021 2020
2021
38,464
China 10,971 10,154 117,826 109,874 84,186 China 8,887 6,577 57,702 56,009 48,905
Japan 2,009 2,028 23,373 22,648 20,341 Japan 2,046 2,023 24,232 20,128 19,283 GROSS DOMESTIC PRODUCT
Singapore 337.9 347.9 4,836 4,279 3,669 Singapore 420.8 359.1 4,315 3,970 3,049 AT CURRENT PRICES
Taiwan (China) 1,586 1,699 22,631 20,772 16,700 Taiwan (China) 419.3 376.4 5,117 4,587 4,321
RoK 4,718 4,775 62,088 56,155 46,895 Germany 653.5 606.7 8,968 7,286 6,644 Unit: $ million
EU 1,307 1,241 15,419 16,891 14,307 EU 3,744 3,736 46,829 40,121 35,138
Thailand 979.8 1,127 14,092 12,564 10,964 Australia 423.9 544.5 5,553 4,454 3,620 2023 TOTAL 2023 STRUCTURE
Hong Kong (China) 117.4 128.1 1,909 1,632 1,112 Indonesia 468.4 432.3 4,529 3,914 2,826 (%)
Malaysia 679.8 808.4 9,124 8,148 6,575 UK 588.7 534.6 6,065 5,765 4,954 Total 422,369 100.00
US 1,220 1,074 14,470 15,270 13,713 US 8,646 9,023 109,388 96, 293 77,077 Agriculture-Forestry-Fishery 50,509 11.96
Agriculture 37,043 8.77
2,281
KEY IMPORTS KEY EXPORTS Forestry 11,184 0.54
6.555.170.008
2.65
Fishery
Industry-Construction 156,759 37.12
ITEM UNIT DEC’23(E) 2023(E) 2022(E) ITEM UNIT DEC’23(E) 2023(E) 2022(E) Services 179,635 42.54
Total $m 30,630 327,500 358,902 Total $m 32,910 355,500 371,304 Product tax minus product 35,399 8.38
Steel 1,000 tons 1,300 13,406 11,680 Rubber 1,000 tonnes 290 2,164 2,145 subsidary
Paper 1,000 tons 210 2,213 2,164 Coffee 1,000 tonnes 190 1,606 1,778
Fertilizer 1,000 tons 480 4,215 3,392 Rice 1,000 tonnes 700 8,338 7,106
Petrol 1,000 tons 620 10,018 8,875 Tea 1,000 tonnes 15 121 146
Yarn 1,000 tons 100 1,058 1,046 Crude oil 1,000 tonnes 170 2,752 2,778 COMMODITY EXPORT AND IMPORT
Cotton 1,000 tons 130 1,347 1,436 Cashew nuts $m 327 3,628 3,087
Vehicles $m 565 6,957 9,680 Pepper $m 79 912 971 Unit: $ billion
Export
Chemicals $m 800 7,834 9,145 Vegetables $m 380 5,574 3,365 380 Import
370
Pharmaceuticals $m 300 3,449 3,544 Marine products $m 780 9,010 10,923 360 Trade balance
350
340
Plastic raw materials $m 811 9,764 2,800 33,226 37,567 330
12,387 Garments and textiles $m
320
Materials for clothing $m 600 6,083 6,672 Footwear $m 2,000 20,374 23,896 310
300
& shoe manufacture 290
280
270
260
250
240
230
220
210
200
190
180 371.85
TRADE BALANCE 170 336.25 332.25 360.65
160
150
140 355.5 327.5
130
120
EXPORTS Unit: $ billion IMPORTS Unit: $ billion TRADE BALANCE Unit: $ billion 110
100
90
80
55000 55000 10 70
60
50
40 28
8 30
50000 2023 50000 2023 2023 20 11.2
10 4
0
6
2021 2022 2023
45000 45000
3.82
4 3.6
3 LABOR EMPLOYED INDEX (%)
2.28
40000 40000
2 2.59 2.15 2.29
2 1.51 2.24
1.28
35000 35000 0 0.65 DEC’23 DEC’23
32.91
32.37 32.31 VS NOV’23 [%] VS DEC’22 [%]
30.63 -2
29.57 29.31
30000 29.05 31.41 31.08 30000 28.92 29.12 Whole industrial sector 100.9 97.8
29.68 26.81
29.3 28.55 29.8
25.08 -4
27.54 25.88 26.71 27.53 Mining and quarrying 100.1 100.3
25000 25000 26.03
-6 Manufacturing 101.0 97.7
23.58
20000 20000 21.48 Power generation and supply 100.2 98.3
-8
Water supply, waste management 100.3 101.3
15000 15000 -10
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Source: General Statistics Office
46 | VIETNAM ECONOMIC TIMES | JANUARY 2024 en.vneconomy.vn