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ST A TISTICS





                                    RETAIL PRICE INDEX
                                                                                        MONTHLY INFLATION
                                                                                        MONTHLY INFLATION
                                 JAN’2024     JAN’2024                             Unit: %
                              COMPARED TO JAN’2023  COMPARED TO DEC’2023  2023   2022  2019*
            PRICE INDEX, % CHANGE                        (TOTAL)  (TOTAL)  (TOTAL)  2.0
                                                                                                              2024
               Overall                +3.37      +0.31   +3.25  +3.15  +2.79                                  2023
               Hanoi                  +4.73      +0.32   +2.04  +3.40  +3.77       1.5                        2022
               Ho Chi Minh City       +2.73      +0.43   +3.30  +2.37  +3.84
            GOLD INDEX, % CHANGE                                                        1
               Overall                +15.43    - 1.23   +4.16  +5.74  +7.55       1.0
               Hanoi                  +17.92    +2.51    +5.58  +2.01  +8.48         0.66          0.58
                                                                                     0.66
               Ho Chi Minh City       +13.75    +3.32    +1.95  +16.95  +5.79      0.5  0.46  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               + 3.69     +0.52     +1.86   +2.09  +0.99                0.27  0.24  0.26
                                                                                                               0.17
               Hanoi                 + 3.65     +0.53     +2.08   +1.96  +1.04     0.0 0.21 0.25  0.22       0.16 0.16
               Ho Chi Minh City      + 3.68     +0.54     +2.38   +1.14  +1.01              0.13          0.09
             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/
                                                              DEC’23
           TERRITORY       DEC’23           NOV’23    2023  2021  TERRITORY  NOV’23  2023  2022  2021
                                          2022
                       38,464
           China   10,330 10,971 110,644 117,826 109,874  China  5,603  8,887  61,207  57,702  56,009
           Japan   1,885  2,009  21,638 23,373 22,648  Japan  2,001  2,046  23,314  24,232  20,128  GROSS DOMESTIC PRODUCT
           Singapore  378.06  337.9  4,709  4,836  4,279  Singapore   531.7  420.8    4,384     4,315     3,970   AT CURRENT PRICES
           Taiwan (China)  1,487  1,586  18,421 22,631 20,772  Taiwan (China)  441.3  419.3    4,736     5,117     4,587
           RoK     4,683  4,718  52,511 62,088 56,155  Germany  570.1  653.5  7,400   8,968     7,286   Unit: $ million
           EU      1,304  1,307  10,954 15,419 16,891  EU  3,617  3,744  43,677  46,829  40,121
           Thailand  1,027  979.8  11,797 14,092 12,564  Australia  398.04  423.9    5,223    5,553    4,454  2023 TOTAL  2023 STRUCTURE
           Hong Kong (China) 117.7  117.4  1,614  1,909  1,632  Indonesia  392.1    468.4     5,071  4,529  3,914     (%)
           Malaysia  681.7  679.8  7,809  9,124  8,148  UK  542.3  588.7    6,345     6,065     5,765   Total  422,369  100.00
           US      1,252  1,220  13,822 14,470 15,270  US   9,126   8,646  97,020  109,388  96, 293  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 JAN’2024(E) 2023(E) 2022(E)   ITEM  UNIT JAN’2024(E)  2023(E)  2022(E)  Services  179,635               42.54
           Total      $m   30,650 327,500  358,902  Total  $m  33,570 355,500  371,304  Product tax minus product         35,399  8.38
           Steel    1,000 tons  1,200  13,406  11,680  Rubber  1,000 tonnes  260  2,164  2,145  subsidary
           Paper    1,000 tons  250  2,213  2,164  Coffee  1,000 tonnes  210  1,606  1,778
           Fertilizer  1,000 tons  470  4,215  3,392  Rice  1,000 tonnes  500  8,338  7,106
           Petrol   1,000 tons  650  10,018  8,875  Tea  1,000 tonnes  15  121  146
           Yarn     1,000 tons  110  1,058  1,046  Crude oil  1,000 tonnes  200  2,752  2,778  COMMODITY EXPORT AND IMPORT
           Cotton   1,000 tons  150  1,347  1,436  Cashew nuts  $m  378  3,628  3,087
           Vehicles   $m     439  6,957  9,680  Pepper   $m      79  912   971    Unit: $ billion
                                                                                                             Export
           Chemicals  $m     720  7,834  9,145  Vegetables  $m               510  5,574  3,365  380          Import
                                                                                   370
           Pharmaceuticals  $m  350  3,449  3,544  Marine products  $m  730  9,010   10,923   360            Trade balance
                                                                                   350
                                                                                   340
                                        12,387                    Garments and textiles $m
           Plastic raw materials  $m  774    9,764                     2,900  33,226  37,567  330
                                                                                   320
           Materials for clothing  $m  1,200  6,083  6,672  Footwear  $m  1,850  20,374   23,896  310
                                                                                   300
           & shoe manufacture                                                        290
                                                                                   280
                                                                                   270
                                                                                   260
                                                                                   250
                                                                                   240
                                                                                   230
                                                                                   220
                                                                                   210
                                                                                   200
                                                                                   190  371.85
                                                                                   180   360.65
                                    TRADE BALANCE                                  170          355.5
                                                                                   160
                                                                                   150
                                                                                   140            327.5
                                                                                   130
                                                                                   120
             EXPORTS       Unit: $ billion  IMPORTS  Unit: $ billion  TRADE BALANCE  Unit: $ billion  110
                                                                                   100
                                                                                   90
                                                                                   80
            55                       55                    10                      70
                                                                                   60
                                                                                   50
                                                                                   40
                                                           8                       30               28
            50            2024       50           2024                 2024        20      11.2
                                                                                   10                    33.57  30.65  2.92
                                                                                   0
                                                           6
                                                                                          2022    2023     2024
            45                       45
                                                           4
                                                            2.92                     LABOR EMPLOYED INDEX (%)
            40                       40
                                                           2
            35                       35                    0                                        JAN’2024  JAN’2024
              33.57
                                                                                                  VS DEC’2023 [%]  VS JAN’2023 [%]
                                      30.65                -2
            30                       30
                                                                                  Whole industrial sector   100.5  100.1
                                                           -4                     Mining and quarrying
            25                       25                                                               100.0   100.7
                                                           -6                     Manufacturing       100.5   100.1
            20                       20                                           Power generation and supply           100.2  100.7
                                                           -8
                                                                                  Water supply, waste management  100.1  101.0
            15                       15                    -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  |  FEBRUARY 2024                                               en.vneconomy.vn
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