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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