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ST A TISTICS





                                    RETAIL PRICE INDEX
                                                                                        MONTHLY INFLATION
                                                                                        MONTHLY INFLATION
                                 MAR’2024     MAR’2024                             Unit: %
                              COMPARED TO MAR’2023  COMPARED TO FEB’2024  2023   2022  2019*
            PRICE INDEX, % CHANGE                        (TOTAL)  (TOTAL)  (TOTAL)  2.0
                                                                                                              2024
               Overall                - 0.23     +3.97   +3.25  +3.15  +2.79                                  2023
               Hanoi                  - 0.14     +5.36   +2.04  +3.40  +3.77       1.5                        2022
               Ho Chi Minh City       - 0.22     +2.99   +3.30  +2.37  +3.84
            GOLD INDEX, % CHANGE                                                        1
               Overall                +4.59     +22.71   +4.16  +5.74  +7.55       1.0
               Hanoi                  +4.43     +24.56   +5.58  +2.01  +8.48         0.66          0.58
                                                                                     0.66
               Ho Chi Minh City       +4.01     +20.62   +1.95  +16.95  +5.79      0.5  0.46 0.49  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               + 0.88     +4.32     +1.86   +2.09  +0.99            0.03  0.27  0.24  0.26
                                                                                                               0.17
               Hanoi                 + 0.77     +4.09     +2.08   +1.96  +1.04     0.0 0.21 0.25  0.22    0.09  0.16 0.16
               Ho Chi Minh City      + 0.73     +4.11     +2.38   +1.14  +1.01              0.13
             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/
                                                               FEB’24
                                          2022
                       38,464
                          J
           TERRITORY          FEB’24     AN’23   2023  2021  TERRITORY    JAN’24  2023  2022  2021
           China   7,468 11,880 110,644 117,826 109,874  China  3,420  4,555  61,207  57,702  56,009
           Japan   1,625  1,952  21,638 23,373 22,648  Japan  1,388  2,229  23,314  24,232  20,128  GROSS DOMESTIC PRODUCT
           Singapore  410.4  341.9  4,709  4,836  4,279  Singapore   342.6  397.3    4,384     4,315     3,970   AT CURRENT PRICES
           Taiwan (China)  1,260  1,939  18,421 22,631 20,772  Taiwan (China)  353.3  462.7    4,736     5,117     4,587
           RoK     3,779  4,188  52,511 62,088 56,155  Germany  480.4  772.8  7,400   8,968     7,286   Unit: $ million
           EU      1,130  1,308  10,954 15,419 16,891  EU  3,144  4,613  43,677  46,829  40,121
           Thailand  743.5 885.01  11,797 14,092 12,564  Australia  386.15  521.8    5,223    5,553    4,454  2023 TOTAL  2023 STRUCTURE
           Hong Kong (China) 79.84  146.2  1,614  1,909  1,632  Indonesia  482.2    562.1     5,071  4,529  3,914     (%)
           Malaysia  656.3  856.9  7,809  9,124  8,148  UK  486.1  780.5    6,345     6,065     5,765   Total  422,369  100.00
           US      965.3  1,235  13,822 14,470 15,270  US   6,770  10,050  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     MAR’24(E) 2023(E)  2022(E)   ITEM  UNIT  MAR’24(E)  2023(E)  2022(E)  Services  179,635               42.54
           Total      $m   31,080 327,500  358,902  Total  $m  34,010 355,500  371,304  Product tax minus product         35,399  8.38
           Steel    1,000 tons  1,500  13,406  11,680  Rubber  1,000 tonnes  110  2,164  2,145  subsidary
           Paper    1,000 tons  220  2,213  2,164  Coffee  1,000 tonnes  400  1,606  1,778
           Fertilizer  1,000 tons  460  4,215  3,392  Rice  1,000 tonnes  1,000  8,338  7,106
           Petrol   1,000 tons  1,200  10,018  8,875  Tea  1,000 tonnes  10  121  146
           Yarn     1,000 tons  120  1,058  1,046  Crude oil  1,000 tonnes  380  2,752  2,778  COMMODITY EXPORT AND IMPORT
           Cotton   1,000 tons  130  1,347  1,436  Cashew nuts  $m  289  3,628  3,087
           Vehicles   $m     587  6,957  9,680  Pepper   $m     108  912   971    Unit: $ billion
                                                                                                             Export
           Chemicals  $m     750  7,834  9,145  Vegetables  $m               414  5,574  3,365  380          Import
                                                                                   370
           Pharmaceuticals  $m  370  3,449  3,544  Marine products  $m  653  9,010   10,923   360            Trade balance
                                                                                   350
                                                                                   340
                                        12,387                    Garments and textiles $m
           Plastic raw materials  $m  944    9,764                     2,600  33,226  37,567  330
                                                                                   320
           Materials for clothing  $m  570  6,083  6,672  Footwear  $m  1,700  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                    93.06
                                                                                   40                      84.98
                                                           8                       30               28
            50            2024       50           2024                 2024        20      11.2              8.08
                                                                                   10
                                                                                   0
                                                           6
                                                                                          2022    2023    3M’2024
            45                       45
                                                           4
                                                            2.92  2.93               LABOR EMPLOYED INDEX (%)
            40                       40
                                                           2
                                                              1.1
            35                       35                    0                                        MAR’2024  MAR’2024
                 34.01
              33.57                                                                                VS FEB’2024 [%]  VS MAR’2023 [%]
                                         31.08
                                      30.65                -2
            30                       30
                                                                                  Whole industrial sector   101.3  101.1
                                                           -4                     Mining and quarrying
            25                       25                                                               100.2   100.7
               24.82                                       -6                     Manufacturing       101.4   101.1
                                       23.72
            20                       20                                           Power generation and supply           100.0  100.8
                                                           -8
                                                                                  Water supply, waste management  100.1  101.2
            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
         54    Vietnam Economic Times    April 2024                                                  en.vneconomy.vn
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