1. Agriculture, forestry, fishery and livestock

      a) Agriculture

In February, warm sunny weather together with controlled pest situation created favorable conditions for good development of paddy and winter-spring crops. As of the middle of February, the whole country has cultivated 2,765.9 thousand hectares of winter-spring paddy, increased by 3.2% (an increase of 86.5 thousand hectares) compared with the same period last year, of which the Northern localities reached 781.7 thousand hectares, an increase of 8.4%; Southern localities reached 1,984.2 thousand hectares, an increase of 1.3%, particularly in the Mekong River Delta reached 1,597.9 thousand hectares, rose 1.9%.

In the Northern provinces, besides the favorable weather in early crop, this Lunar New Year Tet came earlier than 2018, so the localities took advantage of early seeding of the winter-spring crop, making the cultivation progressed faster than that in the same period last year, in which: Nam Dinh achieved 63.8 thousand hectares, an increase of 19 thousand hectares; Hanoi reached 31 thousand hectares, an increase of 21 thousand hectares; Bac Ninh reached 13.8 thousand hectares, an increase of 10.9 thousand hectares. Currently, winter-spring paddy is growing well. However, the forecast of sunny and hot weather is likely to occur early in the West of the North and Central, so localities need to finish planting winter-spring paddy in February 2019. The warm and sunny weather also causes pests and diseases on paddy to be complicated, especially the Black-Streaked Dwarf Virus paddy in the south,  Rice blast disease, rice thrips, Pomacea canaliculata…, the agricultural sector needs to closely monitor the situation of pests and diseases, timely handling of disease outbreaks so as not to affect the development of the paddy.

Southern provinces have basically completed the planting of winter-spring paddy, in which the rice area increased mainly in Ca Mau province with 35.2 thousand hectares due to changing crop from winter paddy to winter-spring paddy. Currently rice is developing well, main rice crops are in the tillering stage, in which the Mekong Delta has 306.1 thousand hectares of winter-spring paddy for harvesting, rose 33.7% over the same period in 2018. Although the Mekong River Delta provinces are entering the period of mass-harvest of winter-spring paddy, however due to the enterprises and traders have not yet purchased, leading to low prices of rice, some provinces such as Dong Thap and An Giang do not harvest rice on schedule even the paddy is ripe. In order to assist farmers in solving difficulties, to avoid traders quoting prices, on February 19, 2019, the Prime Minister directed the purchase of reserves according to the State plan of 200 thousand tons of rice and 80,000 tons of paddies.

Along with the cultivation of winter-spring paddy, as of middle February, localities across the country have grown 198.9 thousand hectares of maize, equivalence to 94.8% of the same period last year; 44.9 thousand hectares of sweet potatoes, equivalence to 99.8%; 10.7 thousand hectares of soybeans, equivalence to 103.9%; 60.9 thousand ha of groundnut, equivalence to 105.4%; 391.9 thousand hectares of vegetables and beans equivalence to 101.6%.

Livestock in the month is generally stable, particularly buffalo population reduced due to narrow grazing area. Estimated in February, the cattle population of the whole country increased by 2.9% compared to the same period last year; pigs increased by 3%; poultry population increased by 6%; buffalo population decreased by 2.8%. Notably, African pig cholera outbreaks in four provinces of  Hai Phong, Thai Binh, Hung Yen and Thanh Hoa; Foot and mouth disease in pigs occurs in some localities, therefore, all levels and sectors should take measures to prevent widespread epidemics, not to affect production, causing price fluctuations and supply of pig market.

         b) Forestry

Forestry production in the month focused mainly on movement of “tree planting Tet” and began spring afforestation in the North and North Central region. In February, the country’s concentrated plantation area estimated at 8.4 thousand hectares, fell 3.4% compared to the same period last year; the number of scattered planted trees reached 5.8 million, rose 0.9%; production  timber exploitation reached 832 thousand m3, an increase of 0.5%; exploited firewood production reached 1.2 million ste, a decrease of 5.5%. Generally for the first 2 months of 2019, the area of concentrated afforestation estimated at 14.7 thousand ha, a decrease of 2.5% compared to the same period last year; the number of scattered planted trees reached 6.5 million, rose 0.3%; production of timber exploitation reached 1.7 million m3, increased by 0.3%; exploited firewood production reached 2.7 million ste, a decrease of 3.2%.

The damaged forest area in February was 24 ha, of which the area of forest fire was 4.1 ha; the deforested area was 19.9 ha. Generally, in the first 2 months this year, the country had 45.6 ha of damaged forest, decreased by 43.6% compared to the same period last year, of which the area of forest fire was 4.4 ha, decreased by 74.7%; the area of deforested forest was 41.2 ha, decreased by 34.9%.

          c) Fishery

Fishery production in February estimated at 490.3 thousand tons, increased by 5% over the same period last year, of which fish reached 360.3 thousand tons, rose 5.5%; shrimp reached 43.6 thousand tons, rose 0.9%; other aquatic products reached 86.4 thousand tons, rose 4.9%.

Aquaculture fishery production in the month estimated at 232.5 thousand tons, an increase of 4.3% over the same period last year, of which fish reached 166.8 thousand tons, rose 4.6%; shrimp reached 32.6 thousand tons, rose 2.5%. Catfish farming continued to be favorable, Pangasius price was stable at 28,500-30,000 VND/kg. Catfish production in February estimated at 80.1 thousand tons rose 6.7% over the same period last year, of which: Dong Thap reached 33.6 thousand tons, rose 4.1%; An Giang reached 26.6 thousand tons, rose 8%; Can Tho reached 12.7 thousand tons, rose 12.6%. After harvesting for the Lunar New Year Tet, shrimp farmers are cleaning ponds to prepare for the new crop, household farms are lacking of high quality breed supply, so the productivity of raising shrimps is not high. Production of black tiger shrimp in February estimated at 12.7 thousand tons, decreased by 1.5% over the same period last year; production of white leg shrimp reached 16.1 thousand tons, increased by 3.9%.

Fishery production in February estimated at 257.8 thousand tons, increased by 5.6% over the same period last year, of which fish reached 193.5 thousand tons, increased by 6.3%; shrimp reached 11 thousand tons, decreased by 3.5%. Particularly, marine fisheries production reached 243.9 thousand tons, increased by 6.1%.

Generally, in the first 2 months of 2019, fishery production estimated at 988.3 thousand tons, rose 4.6% over the same period last year, of which aquaculture production reaches 464.7 thousand tons, rose 3,9%; the output of exploited aquatic products reached 523.6 thousand tons, rose 5.3% (the production of marine fisheries reached 494.9 thousand tons, rose 5.7%).

  1. Industry

In February 2019, the index of industrial production (IIP) was estimated to decrease by 16.8% over the previous month due to Tet holiday falled in February. IIP in February increased 10.3% compared with the same period of the previous year, of which the mining and quarrying decreased by 5%; the manufacturing rose by 12.8%; the production and distribution of electricity increased by 10,9%; the water supply, waste management and treatment went up 7.2%.

In the first 02 months of 2019, IIP was estimated to rise by 9.2% year-on-year, which was lower than the growth rate of 13.7% in the same period in 2018[1], of which the manufacturing increased by 11.5%, contributed 8.9 percentage points into general growth; the production and distribution of electricity rose by 9.5%, contributed 0.9 percentage points; the water supply, waste management and treatment went up by 7.9%, contributed 0.1 percentage points; the mining and quarrying decreased by 4.7%, leading to a drop of 0.7 percentage points of general growth.

In secondary industries, some industries witnessed a high IIP in the first 2 months of 2019 over the same period last year: Production of coke and refined petroleum products increased by 92.1%; metal production increased by 35.8%; drainage and wastewater treatment increased by 23.9%; motor vehicle production increased by 20.9%; production of beds, wardrobes, tables and chairs increased by 13.8%; production of rubber and plastic products by 13.1%; chemical production and chemical products rose by 12.8%; textile increased by 11.5%; costume production increased by 10.8%. Some industries recorded a low growth rates or reduction: Water exploitation, treatment and supply increased by 4.8%; Repair, maintenance and installation of machinery and equipment decreased by 0.6%; tobacco product production decreased by 2.4%; metal ore exploitation fell by 6.2%; Mining and ore support services decreased by 7.8%; Crude oil and natural gas exploitation decreased by 7.9% (crude oil exploitation decreased by 11.9% and natural gas exploitation decreased by 4%); Other mining (stone, sand, gravel …) dropped by 1.7%

Notably, a number of industries accounted for a large proportion in the entire industry recorded a much lower growth rate of IIP in the first 2 months of 2019 than in the same period of 2018 such as: Production of Non-metallic mineral products (mainly cement production[2]) increased 7.9% (same period last year increased by 15.2%); paper and paper products production increased by 7.4% (same period last year increased by 13.1%); manufacturing electronic products, computers and optical products only increased by 5.2% (same period last year increased by 34.8%); production of prefabricated metals (except machinery and equipment) increased by 2.5% (the same period last year increased by 15.1%); metal ore mining decreased by 6.2% (same period last year increased by 11.7%); production of medicines, pharmaceutical chemicals and pharmaceuticals decreased by 12.4% (same period last year rose by 11.1%).

In the first 2 months of this year, some major industrial products highly increased compared to the same period last year: Liquefied petroleum gas (LPG) increased by 101.2%; gasoline and oil rose by 96.1%; crude iron and steel increased by 75.9%; TV increased by 37.1%; urea fertilizer increased by 17.9%; chemical paint increased by 17.6%; automobile increased by 15.7%; monosodium glutamate (MSG) increased by 15.1%; fabrics made from natural fibers increased by 13.8%; fabric made of artificial fibers increased by 13.5%; Fish feed increased by 13%. Some products increased low or decreased: Powdered milk increased by 0.7%; steel bar, angle steel decreased by 0.2%; rolled steel by 0.5%; Mixed fertilizer (NPK) decreased by 1.9%; cigarettes reduced by 2.4%; granulated sugar decreased by 3.8%; gas natural decreased by 4%; phone components fell by 5.3%; mobile phones reduced by 7.6%; crude oil extraction decreased by 11.9% (same period in 2018 fell 7.6%).

In the first 2 months of 2019, the IIP of 61/63 provinces and cities directly under the Central Government witnessed an year-on-year increase, of which Thanh Hoa reached the highest growth rate at 46.7% thanked to the operation of Nghi Son Refinery and Petrochemical Co., Ltd from mid-2018, followed by Ha Tinh with 46.2% due to Formosa corporation’s contribution; only Ba Ria – Vung Tau decreased by 3% due to declining crude oil exploitation and Hoa Binh by 5.3% due to the reduction of electricity output of Hoa Binh Hydropower Plant. The IIP in the first 2 months of the year compared with the same period last year of some provinces with large industrial scale were as follows: Hai Phong increased by 23.7%[3]; Vinh Phuc increased by 19.6%; Quang Nam increased by 11.1%; Hai Duong increased by 9.4%; Quang Ninh increased by 8.5%; Dong Nai increased by 7.8%; Ho Chi Minh City increased by 6.2%; Hanoi and Binh Duong together increased 6.1%; Da Nang increased by 5.8%; Can Tho increased by 5.3%; Thai Nguyen increased by 3.8%; Bac Ninh increased by 2.2%

Employees working in industrial enterprises at the time of 1st February 2019 increased by 2.3% Compared to the corresponding period of the preceding year, of which employees in the state-owned enterprises fell by 0.3%; non-state enterprises increased by 2.3%; enterprises with foreign direct investment increased by 2.7%. At this time, employees working in mining enterprises increased by 0.2% compared to the same period last year; manufacturing increased by 2.3%; production and distribution of electricity and water supply, waste management and treatment together increased by 1.9%.

Employees in industrial enterprises at the time of 1st February 2019 compared with the same period last year of some provinces with large industrial scale were as follows: Hai Phong increased by 11.5%; Ba Ria – Vung Tau increased by 7.6%[4]; Dong Nai increased by 5.2%; Hanoi increased 3.4%; Hai Duong increased by 2.4%; Quang Ninh and Binh Duong both increased by 1.7%; Can Tho increased by 1.2%; Ho Chi Minh City increased by 1%; Quang Nam increased by 0.1%; Vinh Phuc fell by 0.2%; Thai Nguyen decreased 4%; Bac Ninh reduced by 6.4%; Da Nang decreased by 14.8%[5].

  1. Business registration situation[6]

In February 2019, there were 5.9 thousand newly established enterprises with the registered capital of 96.3 trillion VND in the whole country, a decrease of 41.5% and 36.3% in the number of enterprises and the registered capital in comparison with the previous month[7] because the Tet holiday leave fell in February; the average registered capital of an enterprise reached 16.3 billion VND, an increase of 8.8%; the total number of registered employees of newly established enterprises was 56 thousand persons, a drop of 48.1%. In the month, there were 1,747 enterprises returning to operation, a decline of 79.4% over the previous month; 2,823 enterprises registered for time-limited temporary cessation of operation, a reduction of 73,9%; 1,740 enterprises stopped operating and waited for dissolution procedures, a fall of 85.8%; 1.354 enterprises completed dissolution procedures, a cut of 24.9%.

For 2 months of this year, there were 15,979 newly registered enterprises with the total registered capital of 247.4 trillion VND, decreasing by 14.6% on the number of enterprises and increasing by 25.4% in terms of registered capital compared to the same period in 2018[8]; the average registered capital of a newly established enterprise reached 15.5 billion VND, increasing 46.7%. If including 531.2 trillion VND of adjusted capital of enterprises changed to raise their registered capital, the total additional registered capital in the economy in 2 months was 778.6 trillion VND. Besides, there were 10,191 enterprises returned to operation, an increase of 48.2 % over the same period last year, lifting the total number of newly registered enterprises and enterprises returning to operation to nearly 26.2 thousand enterprises. The total number of registered employees working in newly established enterprises in the first 2 months of 2019 was 164 thousand persons, increasing by 48 % over the same period in 2018.

By kinds of economic activity, in the first 2 months of this year, the number of newly established enterprises in the most of economic activities diminished compared to the same period last year, of which: there were 6 thousand newly established enterprises in the economic activity of wholesale and retail, repair of automobiles and motorbikes (accounting for 37.5% of the total number of newly established enterprises), a decrease of 7.3%; 2.1 thousand manufacturing enterprises (making up 13%), a reduction of 9.4%; 2 thousand construction enterprises (representing 12.5%), a drop of 17.2%; 1.3 thousand enterprises operating in  the field of science, technology, consulting, design, advertising and other professional work (accounting for 8%), a fall of 11.3%; 981 enterprises working in the field of employment services, tourism, leasing machinery, equipment and other supporting services (forming 6.1%), a decrease of 10.3%; 840 real estate enterprises (representing 5.3%), a diminution of 0.1%; 780 enterprises providing accommodation and catering services (accounting for 4.9%), a cut of 24.9%, etc.

The number of new businesses established in the first 2 months in the economic regions decreased over the same period last year: the Southeast had 6.4 thousand enterprises, decreasing by 20.6% (the registered capital was 145.4 trillion VND, an increase of 54%); the Red River Delta reached 5.1 thousand enterprises, reducing by 6.6% (the registered capital was 57.2 trillion VND, a rise of 4.9%); the North Central and Central Coast achieved 2.2 thousand enterprises, going down 11.9% (the registered capital was 19.3 trillion VDN, a decrease of 19.1%); the Mekong Delta attained 1.2 thousand enterprises, reducing by 10.4% (the registered capital was 11.7 trillion VND, a cut of 8%); the Northern Midlands and Mountains reached 591 businesses, lessening by 27% (the registered capital was 8.9 trillion VND, a decline of 3.2%); the Central Highlands had 423 enterprises, shrinking by 8.8% (the registered capital was 4.9 trillion VND, an increase of 85.9% ) .

The number of enterprises temporarily ceasing business for the first 2 months of this year was 13,519 enterprises, an increase of 20.8 % compared to the same period last year. By kind of economic activities, there were 5.1 thousand enterprises involving in the economic activity of wholesale and retail, repair of automobiles and motorbikes temporarily suspended operation for a limited time (accounting for 37.8%), an increase of 18.4% compared to the same period last year; there were 2 thousand construction enterprises (making up 14.9%), a rise of 15.9%; 1.7 thousand manufacturing enterprises (representing 12.6%), an expansion of 19.4%; 849 enterprises operating in  the field of science, technology, consulting, design, advertising and other professional work, (accounting for 6.3%), an increase of 27.3%; 816 enterprises in transport, warehousing (making up 6%), an increase of 23.4%; 651 accommodation and catering services (representing 4.8%), a rise of 17.7%, etc. In the first 2 months of this year, there were 13,692 enterprises stopped operating and waited for dissolution procedures, including 7,843[9] enterprises has been revoked its business registration certificate under the 2018 data standardization program to eliminate previously established enterprises but in fact no longer operates.

The number of enterprises completing dissolution procedures in the first 2 months of 2019 was 3,156 enterprises, increasing by 24.8% over the same period last year, of which 2,907 enterprises with capital size under 10 billion VND (making up 92.1% of total enterprises completed dissolution procedures), an increase of 25.3%. Enterprises completed dissolution procedures mainly concentrated in kind of economic activities: 1.3 thousand enterprises operating in wholesale, retail, repair of automobiles and motorcycles (accounting for 40.1%), a rise of 28.5% compared to the same period last year; 345 processing manufacturing enterprises (making up 10.9%), an increase of 0.3%; 322 construction enterprises (representing 10.2 %) , an expansion of 33.1%.

  1. Investment

Investment activities in the month focused mainly on implementing transitional projects, works from the previous year as well as deploying activities in the 2019 investment plan. The realized investment capital under the State budget in February estimated to reach 13,079 billion VND, a drop of 3.6% compared to the same period last year, including 1,737 VND billion of capital under central management, a decline of 35.5%; 11,342 billion VND of capital under local management, a rise of 4.2%. Generally for the first 2 months of this year, the implemented investment capital from the State budget reached 30,220 billion VND, equaling 9.1% of this year plan and increasing by 0.1% compared to the same period last year (the same period in 2018 was equal to 8.6% and increased by 10.1%), including:

– The capital under central management reached 4,092 billion VND, equaling 8.8% of the year plan and decreasing by 29.8% compared to the same period last year, of which the investment capital under management of the Ministry of Transport reached 878 billion VND, equaling 11.9% and decreasing by 58.3%; the Ministry of Health: 451 billion VND, equaling 8.5% and increasing by 33.2%; the Ministry of Agriculture and Rural Development: 242 billion VND, equaling 7.3% and decreasing 56.8%; the Ministry of Education and Training: 111 billion VND, equaling 8.6% and rising by 7.9%; the Ministry of Natural Resources and Environment: 100 billion VND, equaling to 7.6% and decreasing by 11.6%; the Ministry of Culture, Sports and Tourism: 66 billion VND, equaling to 8.8% and falling by 12.2%; the Ministry of Construction: 24 billion VND, equaling to 9.8% and going down 0.5%; the Ministry of Industry and Trade: 20 billion VND, equaling to 8.1% and lessening by 3%; the Ministry of Science and Technology: VND 19 billion, equaling to 6.2% and increasing by 5.9%; the Ministry of Information and Communications: 12 billion VND, equaling to 7.4% and expanding by 14.5%.

– The capital under local management reached 26,128 billion VND, equaling 9.2% of the year plan and increasing by 7.3% compared to the same period in 2018, of which: the State budget capital at the provincial level reached 17,451 billion VND, equaling 8, 7% and going up 6.4%; the State budget capital at district level reached 7,212 billion VND, equaling 10% and increasing by 9%; the State budget capital at commune level reached 1,465 billion VND, equaling 11.8% and increasing by 10.2%. The realized investment capital from the State budget in the first 2 months of 2019 of some provinces and cities directly under the Central Government was as follows: Ha Noi reached 4,081 billion VND, equaling 8.8% of the year plan and increasing by 15.8 % compared to the same period last year; Thanh Hoa: 1,040 billion VND, equaling 13.3% and increasing by 13.4%; Ba Ria – Vung Tau: 1,005 billion VND, equaling 15.3% and going up 20.9%; Ho Chi Minh City: 1,001 billion VND, equaling 2.7% and decreasing by 5%; Nghe An: 913 billion VND, equaling 16.6% and expanding by 0.5%; Vinh Phuc: 868 billion VND, equaling 13.9% and increasing by 2%; Quang Nam: 833 billion VND, equaling 11.2% and increasing by 17.8%; Hai Phong: 752 billion VND, equaling 8.3% and going up 3.7%.

Foreign direct investment from the beginning of the year to the time of February 20, 2019 attracted 514 newly licensed projects with the registered capital of 2,444.9 million USD, an increase of 25.1% in number of projects and an increase of 75.7% of registered capital compared to the same period in 2018. Besides, there were 176 licensed projects from previous years registered to adjust investment capital with an additional capital of 854.8 million USD, an increase of 22.1% compared to the same period last year. Thus, the total newly registered and additional registered capital in the first 2 months of the year reached 3,299.7 million USD, an increase of 57.8% compared to the same period of 2018. Realized foreign direct investment capital in the first 2 months this year estimated at 2,580 million USD, increasing by 9.8% compared to the same period of 2018. In the first 2 months, there were 1,039 turns of capital contribution and share purchase of foreign investors with the total of 5.17 billion USD[10], 4.1 times higher than the same period in 2018, of which 585 turns of capital contribution and share purchases were to increase the charter capital of the enterprise with the capital contribution of 4.78 billion USD and 454 turns of foreign investors repurchased domestic shares without increasing charter capital with the value of 0.39 billion USD.

In the first two months of this year, the manufacturing activity attracted the largest foreign direct investment with the registered capital of newly licensed projects reaching 1,874.4 million USD, accounting for 76.7% of the total newly registered capital; the real estate activity reached 273 million USD, accounting for 11.1%; the remaining activities reached 297.5 million USD, accounting for 12.2%. If including additional registered capital of licensed projects from previous years, foreign direct investment in the manufacturing activity in 2 months reached 2,649.9 million USD, accounting for 80.3 % of total registered capital; the real estate activity reached 286.7 million USD, accounting for 8.7%; the remaining activities reached 363.1 million USD, accounting for 11%. For the form of capital contribution, share purchases of foreign investors, investment capital in the processing manufacturing activity reached 4,281.8 million USD, accounting for 82.8% of the total capital contribution; professional, science and technology activities reached 239.5 million USD, accounting for 4.6%; the remaining activities reached 649.9 million, accounting for 12.6%.

There were 35 provinces and cities directly under the Central Government having newly licensed foreign direct investment projects in the first two months of this year, of which Bac Ninh had the largest registered capital of 428.3 million USD, accounting for 17.5% of total newly registered capital; followed by Binh Duong with 228.1 million USD, accounting for 9.3%; Tien Giang with 214.4 million USD, accounting for 8.8%; Hai Duong with 209.4 million USD, accounting for 8.6%; Hai Phong with 171.5 million USD, accounting for 7%; Dong Nai with 151.6 million USD, accounting for 6.2%; Ba Ria – Vung Tau with 133.3 million USD, accounting for 5.5%; Ha Nam with 128.3 million USD, accounting for 5.2%; Tay Ninh with 102.5 million USD, accounting for 4.2%; Ho Chi Minh City with 96.7 million USD, accounting for 4%.

In the 38 countries and territories having newly licensed investment projects in Viet Nam for the first 2 months, China was the largest investor with 588.9 million USD, accounting for 24.1% of the total newly registered capital; followed by Hong Kong Special Administrative Region (China) with 398 million USD, accounting for 16.3%[11]; Japan with 380.2 million USD, accounting for 15.5%; South Korea with 360.8 million USD, accounting for 14.8%; Singapore with 285 million USD, accounting for 11.7%; Taiwan (China) with 125.9 million USD, accounting for 5.1%; Netherlands with 107.5 million USD, accounting for 4.4%; Samoa with 85 million USD, accounting for 3.5%.

Viet Nam’s investment abroad in 2 months of this year reached 5 new projects with investment certificates and the total capital of Viet Nam’s side was 6.05 million USD; 1 project adjusted its investment capital with an additional capital of 200,000 USD. In general, Viet Nam’s investment abroad (newly licensed and additional capital) in 2 months of 2019 reached 6.25 million USD, of which the activity of wholesale and retail; repair of automobiles, motorcycles, and other motor vehicles reached 5.6 million USD, accounting for 89.6% of the total investment; the professional, science and technology activity reached 426.9 thousand USD, accounting for 6.8%; the information and communication activity reached 225 thousand USD, accounting for 3.6%. In 2 months, there were 5 countries and territories receiving investment from Viet Nam, of which the US leading with 5.3 million USD, accounting for 84.8% of total investment[12]; Singapore with 300 thousand USD, accounting for 4.8%; Finland with 226.9 thousand USD, accounting for 3.63%; Japan with 225 thousand USD, accounting for 3.6%, Myanmar with 200 thousand USD, accounting for 3.2%.

  1. Trade, prices, transport and tourism

      a) Retail sales of consumer goods and services

Retail sales of consumer goods and services activities in February 2019 were eventful in the first days of the month to serve the consumer demand of the people during the Lunar New Year. However, because February had only 28 days and the Tet holiday leave prolonged, revenue of trade and service activities in the country decreased compared to the previous month. Total retail sales of consumer goods and services in February 2019 were estimated at 390.8 trillion VND, decreasing by 3 % from the previous month and increasing by 11.5% over the same period in 2018, of which: retail sales of goods reached 301.4 trillion VDN, decreased by 3.4 % and increased by 12.5%; sales of accommodation and catering services reached 44.8 trillion VND, decreased by 1.3% and went up 9.4 %; sales of traveling was 3.9 trillion VND, fell by 1.5% and increased by 17.1 %; sales of other services reached 40.7 trillion VND, declined by 2 % and rose by 6.2 %. Generally for the first 2 months of the year, total retail sales of consumer goods and services were estimated at 793.8 trillion VND grew by 12.2% over the same period last year, if an increase of 9.28% of the price factor was excluded (the same period in 2018 increased by 9.25%).

By kinds of economic activity, retail sales of goods in the first 2 months of this year were estimated at 613.4 trillion VND, accounting for 77.3 % of the total and increasing by 14.4% over the same period last year, of which: foodstuffs rose by 14.4%; household appliances, tools and equipment increased by 13.3%; apparel increased by 13.2%; vehicles increased by 12.8%; cultural and educational items increased 10.7%. Some provinces had a good increase: Ha Tinh increased by 19.4%; Long An increased by 17.1%; Quang Nam increased by 15.7%; Ben Tre increased by 15.1%; Hai Phong increased by 14.1%; Bac Giang increased by 13.9%; Ha Nam increased by 13.9%; Ho Chi Minh City increased by 13.1%; Ha Noi increased by 10.8%.

Sales of accommodation and catering services in the first two months were estimated at 90.2 trillion VND, accounting for 11.4% of the total and an increase of 5.7% compared to the same period last year, while revenue of Hai Phong increased by 16.5%; Can Tho increased by 13.2%; Khanh Hoa increased by 11.6%; Ho Chi Minh City increased by 10.6%; Quang Nam increased by 10.1%; Hanoi increased 7.2%.

Sales of travelling in two months of this year achieved an estimate of 8 trillion VND accounting for 1 % of the total and increasing by 7.8 % over the same period last year, of which Ha Noi increased by 17.6%; Ha Tinh increased by 14.5%; Khanh Hoa increased by 13.9%; Thai Nguyen increased by 13.7%; Nam Dinh increased by 11.6%; Ho Chi Minh City increased by 10.9%.

Sales of other services in two months was estimated at 82.2 trillion VND, accounting for 10.3% of the total and increasing by 4.9% over the same period in 2018, in which sales of Can Tho increased by 11.3%; Lao Cai increased by 11.2%; Ha Noi increased 8.1%; Thanh Hoa increased 7.4%; Ho Chi Minh City increased by 0.6%.

         b) Exports and imports of goods

Export turnover of goods in January 2019 reached 22,076 million USD, higher than 2,076 million USD in comparison with the estimate, of which textile and garment products were higher than 644 million USD; phones and components were higher than 440 million USD; machinery and equipment, spare parts were higher than 231 million USD; footware was higher 169 million USD; electronics, computers and components were higher than 115 million USD; wood and wood products were higher than USD 81 million; iron and steel were higher than 78 million USD; transportation and spare parts were higher than 57 million USD.

Export turnover of goods in February was estimated at 14.60 billion USD, decreasing by 33.9% over the previous month because in February there were 9-day Lunar New Year holidays, of which the domestic economic sector reached 3.68 billion USD, a decrease of 47.7%; foreign invested sector (including crude oil) reached 10.92 billion USD, a drop of 27.4%. Export turnover of almost all commodities decreased compared to January, including electronics, computers and components fell 23.9%; iron and steel went down 45.8%; footwear decreased by 49.1%; textile declined by 51.4%; seafood decreased by 52.8%; wood and wood products fell 59.2%. Compared with the same period last year, export turnover of goods in February 2019 increased by 1.6% , of which the domestic economic sector decreased by 3.1%; foreign invested sector (including crude oil) increased by 3.2%. Some export items increased in value: Crude oil increased by 181.4% over the same period last year; chemicals increased by 39.9%; animal feed and raw materials increased by 19.7%; footwear increased by 7.6%; electronics, computers and components increased by 4.8%; phones and components increased by 3.1%.

In the first 2 months of 2019, export turnover was estimated at 36.68 billion USD, an increase of 5.9% over the same period in 2018, of which the domestic economic sector reached 10.72 billion USD, a rise of 9.9%; foreign invested sector (including crude oil) reached 5.96 billion USD (accounting for 70.8% of total export turnover), a growth of 4.3%. Export turnover of some main products: Phones and accessories reached 6.8 billion USD, increasing by 7.3% compared to the same period last year; textiles and garments reached 4.9 billion USD, a rise of 19%; electronics, computers and components reached 4.2 billion USD, an increase of 1.9%; footwear reached 2.7 billion USD, a spread of 18.4%; machinery, equipment and spare parts reached 2.6 billion USD, up 19.3%; means of transport and spare parts reached 1.4 billion USD, an increase of 7.6%; wood and wood products reached 1.4 billion USD, a growth of 12.7%. Some main agricultural and fishery products increased by small amount or decreased compared to the same period last year: fishery reached 1.1 billion USD, an increase of 2.3%; vegetables and fruits reached 555 million USD, a decrease of 14.4%; coffee reached 500 million USD, a drop of 26.9% (a decrease of 19.6% in volume); cashew nuts reached 371 million USD, a fall of 21% (volume decreased by 2.3%); rice reached 335 million USD, a decline of 17.5% (volume decreased by 4.9%); rubber reached 278 million USD, an increase of 1.3% (volume increased by 16.6%); pepper reached 92 million USD, a drop of 20.6% (7.8% increase in volume).

Relating market of 2-month export goods, the US was Viet Nam’s largest export market with a turnover of 8.1 billion USD, increasing 34.4% over the same period last year, of which: phones and components increased by 127.6%; electronics, computers and components increased by 42.5%; textiles and garments increased by 21%. Next was the EU market reaching 6.3 billion USD, an increase of 1.2%, of which footwear increased by 14.8%; textiles and garments increased by 14.4%. China market reached 5.1 billion USD, a fall of 9.3%, of which electronics, computers and components decreased by 19%; phones and components decreased by 63%. ASEAN market reached 3.8 billion USD, an increase of 3.5%, of which textiles and garments increased by 47.1%; iron and steel increased by 20.9%. Japan market reached 3.2 billion USD, a rise of 17.3%, of which electronics, computers and components increased by 30.5%; footwear increased by 18.3%; textiles and garments increased by 10.4%. Republic of Korea market reached 3.1 billion USD, an increase of 10.1%, of which phones and components increased by 26.5%; electronics, computers and components increased by 11.4%; textiles and garments increased by 9.3%.

Import turnover of good in January 2019 reached 21,260 million USD, higher than 460 million USD compared to the estimated data, of which machinery and equipment, spare parts were higher than 413 million USD; electronics, computers and components were over 247 million USD; crude oil was higher than 133 million USD; gasoline was higher than 94 million USD; textile was higher than 58 million USD; phones and components were lower than 243 million USD.

Import turnover in February was estimated at 15.5 billion USD, decreasing by 27.1% over the previous month, of which the domestic economic sector gained 6.2 billion USD, a decline of 31.8%; foreign invested sector reached 9.3 billion USD, a drop of 23.6%. Import turnover of almost all products decreased, of which some items dropped sharply: electronics, computers and components fell by 10.1%; phones and components decreased by 22.2%; fabric decreased by 22.3%; plastic reduced 34.9%; machinery and equipment, tools and spare parts decreased by 37%. Compared with the same period last year, import turnover of goods rose 10.4% in February, while the domestic economic sector increased by 12.5%; foreign invested sector increased 9.1%. Some items with higher turnover compared to the same period last year: cars increased by 88%; motorbikes and components increased by 55.6%; fabric increased by 22.4%; phones and components increased by 18.1%; electronics, computers and components by 17%; machinery, equipment and spare parts increased by 9.5%.

Generally for 2 months, import turnover was estimated at 36.76 billion USD, increasing by 7.5% over the same period last year, of which the domestic economic sector reaches 15.29 billion USD, an increase of 11%; foreign invested sector reached 21.47 billion USD, an expansion of 5.1%. Some items with big value of import turnover in 2 months: electronics, computers and components reached 7.5 billion USD, went up 11.4%; machinery, equipment and spare parts reached 5.6 billion USD, expanded 14.6%; phones and components reached 2.1 billion USD, decreased by 12.6%; fabric reached 2.1 billion USD, up 16%; iron and steel reached 1.4 billion USD, down 1.2%; plastics reached 1.3 billion USD, decline 2.6%; automobile reached 1 billion USD, increased 105.1%; particularly crude oil reached 693 million USD, 16.6 times higher than the same period last year due to import demand for Nghi Son Refinery Co., Ltd.

In relation to market of import goods in the first 2 months of this year, China was still the largest import market of Viet Nam with import turnover of USD 10.7 billion, increasing by 17% compared to the same period in 2018, of which electronics, computers and components increased by 61.8%; machinery, equipment and spare parts increased by 33.5%; iron and steel increased by 16.7%. Next is the Korean market with import turnover of 7.4 billion USD, went down 2.1%, of which electronics, computers and components fell by 2.4%; iron and steel decreased by 18.3%. ASEAN market reached 4.7 billion USD, increased by 1.4%, of which electronics, computers and components rose 6.6%. Japan reached 2.6 billion USD, decreased by 6.7%, of which machinery, equipment and spare parts fell by 10.2%; iron and steel fell 21.5%. EU Market reached 2.2 billion USD, grew 15.9%, of which electronics, computers and components increased by 74.4%; machinery, equipment and spare parts increased 24.7%. The US market reached 1.9 billion USD, increased by 14.6%, of which animal feed and raw materials soared 124.9%; electronics, computers and components increased by 6.6%.

The trade balance of goods in January saw an export surplus of 816 million USD[13]. Trade deficit in February was estimated to reach 900 million USD. For the first 2 months of the year, trade deficit was 84 million USD[14], of which trade deficit of the domestic economic sector reached 4.57 billion USD; trade surplus of the foreign invested sector (including crude oil) was 4.49 billion USD.

         c) Consumer price index, gold and USD price index

Consumer price index (CPI) in February 2019 went up 0.8% compared to the previous month, of which CPI of 9 per 11 items of goods and services in February increased over last month due to a rise in the need of consumption during Lunar Tet holiday. The increase in the price of food and catering services hit the peak at 1.73%, of which food rose by 0.53%[15]; foodstuff grew by 2.13%[16] that made overall CPI increase by 0.48%. Housing and construction materials rose by 0.69%, mainly due to an increase in the price of gas at 3.51% (making overall CPI increase by 0.04%) and living electricity price rose by 0.69%. The price of culture, entertainment and tourism items increased by 0.66%[17]; beverage and tobacco went up by 0.35%[18]; household equipments and goods rose by 0.26%. Although price of public transport increased by 4.4% (coach fare rose by 7.39%; train fare increased by 15.84%), transport item only rose slightly 0.16% because of stable price of oil and petroleum during Lunar Tet holiday. Garment, hat and footwear went up by 0.14%; medicine and health care services rose by 0.01%; other consumer goods and services increased by 0.47%. Particularly education decreased by 0.47% (education service declined by 0.55%) because Ho Chi Minh city reduced schooling fee in accordance with Decree No 25/2018/NQ-HĐND that resulted in a decline in overall CPI at 0.03%; post and communication fell by 0.03%.

Average CPI in the first two months of 2019 rose by 2.6% compared to the same period in 2018; CPI in February 2019 rose by 0.9% over December 2018 and by 2.64% compared to the same period last year.

Core inflation in February 2019 increased by 0.48% compared to last month and rose by 1.82% over the same period last year. Average core inflation in the first two months in 2019 rose by 1.82% in comparison with the average rate of the same period 2018.

Gold price index in February 2019 increased by 1.53% compared to the previous month; rose by 3.81% over December 2018 and declined by 0.16% compared to the same period last year. USD price index in February 2019 fell by 0.09% compared to last month; by 0.49% over December 2018 and rose by 2.24% in comparison with the same period 2018.

         d) Carriage of passengers and cargos

Passenger carriage in February 2019 was estimated at 413.8 million passengers, rising by 1.2% compared to the previous month and by 18.7 billion passengers-kilometers, going up by 3.6%. Overall in the first two months of 2019, passenger carriage reached 822.6 million passengers, rising by 10.2% over the same period last year and 36.9 billion passengers-kilometers, by 10.5%, of which domestic transport gained 819.7 million passengers, a rise of 10.2% and 28.9 billion passengers-kilometers, an increase of 12.3%; overseas transport achieved 2.9 million passengers, a rise of 4.3% and 7.9 billion passengers-kilometers, an increase of 4.6%. By types of transport, passengers carried by road achieved 776.3 million passengers, a rise of 10.4% and 25.9 billion passengers-kilometers, a rise of 10.2%; by inland waterway: 35.2 million passengers, up 6% and 669.4 million passengers-kilometers, up 7.7%; by seaway: 1.3 million passengers, an increase of 8.9% and 80.3 million passengers-kilometers, a growth of 7.2%; passenger carriage by airway reached a fairly good level with 8.2 million passengers, an increase of 10.6% and 9.4 billion passengers-kilometers, an increase of 11.5%; and passenger carriage by railway reached 1.6 million passengers, a growth of 2.9% and 791.8 million passengers-kilometers, a growth of 13.4%.

Cargo carriage in February was estimated to gain 133.5 million tons, a decline of 7.5% compared to the previous month and 25.1 billion tons-kilometers, a drop of 8.2% due to a long Lunar Tet holiday during the month.   Generally, in the first two months of the year, cargo carriage gained 277.8 million tons, up 8.7% from the same period last year and 52.5 billion tons-kilometers, up 6.4%. Of which the domestic transport reached 272.3 million tons, increasing by 8.9% and 29.9 billion tons-kilometers, by 11.6%; overseas transport reached 5.5 million tons, reducing by 1.3% and 22.6 billion tons-kilometers, rising by 0.3%. By types of transport, cargo transport by road obtained 214.6 million tons, going up by 9.2% over the same period last year and 14.4 billion tons-kilometers, up by 9%; by inland waterway: 49.1 million tons, rising by 7.5% and 10.4 billion tons-kilometers, up 6.4%; by seaway: 13.4 million tons, up 7.5% and 27.2 billion tons-kilometers, up 5.8%; by airway: 650.3 thousand tons, a drop of 21.5% and 407.9 million tons-kilometers,  a fall of 26.6%; by railway: 63.5 thousand tons, a growth of 7.9% and 159.1 million tons-kilometers, an increase of 10.5%.

         e) International visitors to Vietnam

International visitors to Viet Nam in February was estimated to reach 1,588.2 thousand arrivals, up 5.8% compared to the previous month. The figure hit the highest point than ever due to festival season in the beginning of the year covering different fascinating events attracting international visitors, of which visitors coming by airway went up by 7.6%; by road jumped up by 27.2%; by seaway decreased by 2.9%. In comparison with the same period last year, international visitors to Viet Nam rose by 10.9%, of which visitors to Vietnam from Asia increased by 13.3%, visitors from Europe went up by 6.1%; visitors from America obtained a rise of 1.5%; visitors from Australia fell by 5.3% and visitors from Africa achieved a rise of 21.8%.

In the first two months of the year, international visitors to Viet Nam were estimated to achieve 3,089.9 arrivals, increasing by 8% compared to the same period last year, of which: visitors arriving by airway gained 2,423.3 thousand persons, a growth of 5.5%; by road: 611.7 thousand arrivals, going up 29.5%; by seaway: 54.9 thousand persons, going down 40.7%.

In 2 months, visitors to Viet Nam from Asia gained 2,323 thousand arrivals, accounting for 75.2% of total international visitors, rising by 9.4% over the same period last year. Of which, visitors from China reached 889.9 thousand arrivals, a drop of 1.3% however this country recorded the most visitors to Viet Nam; visitors from Korea achieved 772.2 thousand persons, a rise of 24.6%; visitors from Japan were 150.8 thousand persons, a growth of 9.5%; visitors Taiwan recorded 141.7 thousand arrivals, an increase of 27.1%; visitors from Malaysia and Thailand were 91.5 thousand and 80 thousand, respectively with the corresponding increase of 5.3% and 36.9% but visitors from Singapore reduced by 4.3%, achieved 43.6 thousand arrivals.

Visitors to Viet Nam from Europe were estimated at 461.5 thousand arrivals, increasing by 4.6% compared to the same period last year, of which: from Russian Federation: 146.7 thousand persons, an increase of 4%; from United Kingdom: 60.5 thousand persons, a rise of 6.2%; from France: 55.1 thousand arrivals, a growth of 2.7%; from German: 45.8 thousand arrivals, a rise of 4.6%; from Sweden: 21.3 thousand arrivals, a growth of 9.5%; from Italy: 15.5 thousand arrivals, a rise of 5.5%; and from the Netherlands: 13.9 thousand persons, a growth of 3%.

Visitors to Viet Nam from America gained 208.6 thousand arrivals, increasing by 4.6% over same period last year, of which visitors from the US reached 158.1 thousand arrivals, rising by 7%; visitors from Oceania: 88.5 thousand arrivals, declining by 2%, including visitors from Australia: 80.6 thousand persons, a decline of 2.1% and visitors from Africa gained 8.4 thousand arrivals, increasing by 6.6% compared to the same period 2018.

  1. Social issues

      a) People’s life and social security

In February 2019, the whole country witnessed 21.2 thousand households suffering from food shortage, corresponding to 78.7 thousand persons suffering from food shortage, of which: Ha Giang recorded more than 4.9 thousand households suffering from food shortage, equivalent to 20.1 thousand persons suffering from food shortage; the figures for Yen Bai were 3.5 thousand households and 12.2 thousand persons; Son La: 2.7 households and 10 thousand persons. Overall in the first 2 months of the year, the country witnessed 26.8 thousand households suffering from food shortage, a decline 33.1% compared to the same period last year, e   equivalent to 98.3 thousand persons suffering from food shortage, a fall of 34%. To overcome this problem, all administrative levels, sectors and organizations from central to local level supported these households with 1.7 thousand tons of rice.

Social security work on the occasion of Ky Hoi Lunar New Year 2019 was concerned by authorities at all levels. According to the preliminary report, about 2,347 billion VND were provided to poor persons and socially protected objects during Lunar Tet holiday. Additionally, the Red Cross at all levels mobilized to donate 1,052 billion VND and 3,297 thousand gifts to the poor households to welcome the Lunar Tet.

         b) Epidemic diseases and food poisoning

In February, the whole country witnessed 4.3 thousand cases of hand, foot, mouth disease; 21.9 cases of hemorrhagic fever (one case of decease); 40 cases of virus encephalitis; 1 case of meningococcal disease; and 133 persons with food poisoning (1 case died). Generally in the first 2 months of 2019, at nationwide, there were over 5.9 thousand cases of hand, foot, mouth disease (1 case died); 26.2 cases of hemorrhagic fever (one case of decease); 54 cases of virus encephalitis; 1 case of meningococcal disease; and 148 persons with food poisoning (3 cases died).

As of February 18, 2019, total number of alive HIV-infected persons over the country was 208.97 thousand persons and 95.56 thousand cases turned to AIDS; the number of persons died of HIV/AIDS nationwide was 98.2 thousand persons.

         c) Traffic accidents

In the duration of one month (from 16 January to 15 February), there recorded 1,295 occurred nationwide, including 703 traffic accidents of less serious or more and 592 traffic crashes, making 627 persons died, 392 ones injured and 640 ones slightly injured. Compared with the same period last year, the number of traffic accidents in February declined 18.2% (number of traffic accidents of less serious or more fell by 10.6% and number of traffic crashes decreased by 25.7%); number of dead moved down by 13.6%; the number of injured people increased by 10.7% and the number of minor injuries reduced by 21.5%. Traffic accidents occurred during Lunar Tet holiday declined in comparison with the previous year, in 9-day Lunar Tet holiday, 276 traffic accidents occurred, causing 183 persons died and 241 persons injured[19]. On average, each day there were 31 traffic accidents occurred, causing 20 persons died and 27 persons injured. Notably, there recorded some serious traffic accidents during the month: traffic accident on 23 January in Binh Thuan between a coach and a motorbike caused 2 persons died; traffic accident on 27 January in Quang Tri between a motorbike and a dumper caused 2 persons died and 01 person seriously injured; traffic accident on 8 February in Thanh Hoa between a coach and a car caused 3 persons died and 5 persons injured; traffic accident on 12 February in highway 2 between a coach and a lorry caused 8 persons injured; traffic accident on 13 February in Ha Noi – Lao Cai highway between a 7-seat car and a coach caused 9 persons injured. The serious traffic accidents were mainly caused by bad sense of the traveling persons. There were 2 cases of car drivers stopping in Ha Noi – Lao Cai highway to gather for eating in the emergency lane that caused high risks of traffic accident for means of transport. It is necessary to have sanctions to address strictly these problems.

In the first 2 months of 2019, there recorded 2,822 occurred nationwide, including 1,529 traffic accidents of less serious or more and 1,293 traffic crashes, making 1,356 persons died, 814 ones injured and 1,355 ones slightly injured. Compared with the same period last year, the number of traffic accidents in 2 months declined 15.6% (number of traffic accidents of less serious or more fell by 8.8% and number of traffic crashes decreased by 22.5%); number of dead reduced by 10%; the number of injured people increased by 4.4% and the number of minor injuries reduced by 22%. On average, each day in two months, the whole country had 46 traffic accidents, including 25 traffic accidents of less serious or more and 21 traffic crashes, making 22 persons died, 13 ones injured and 22 ones slightly injured.

          d) Damages caused by natural disasters, environment protection, fire and explosion prevention

Natural disasters in February mainly included tornados, hail and landslide in some localities that caused over 3.3 thousand houses collapsed and roof ripped-off. Total loss caused by natural disasters in February was nearly 28 billion VND. Generally in the first 2 months of 2019, natural disasters caused 5 deaths and missing; 9 injuries; 4.5 thousand ha of paddy and of crops damaged, 1.7 thousand poultries, cattle head died, 144 houses collapsed, 3.5 thousand houses roof ripped-off and damaged . The total loss caused by natural disasters in 2 months was estimated at over 53 billion VND

In February 2019, 448 cases of violating regulations of environment protection were found over the country, of which 398 cases were addressed with total fine of 4.8 billion VND. In the 1st two months, there experienced 1,179 cases of violating regulations of environment protection, of which 1,011 cases were addressed with total fine of 15.8 billion VND

In February, in the whole country, there were 372 fire and explosion cases, causing 8 deaths and 23 injuries, with an estimated damage of 25.5 billion VND. Accruals for 2 months, there were 668 fire and explosion cases at nationwide, causing 20 deaths and 38 injuries and the loss was estimated at nearly 104 billion VND.

GENERAL STATISTICS OFFICE


[1] In the first 02 months of 2018, which the mining and quarrying, the manufacturing, the production and distribution of electricity, the water supply, waste management and treatment went up by 2.9%, 16%; 12.4%, and 6.9%, respectively over the same period previous year.

[2] Cement production in the first 2 months of 2019 increased by 9%, lower than the 19% increase of the same period in 2018.

[3] Because of stable operation of LG Inotek Hai Phong Company Limited and LG Display Vietnam Hai Phong Company since mid-2018.

[4] Because some packaging and printing, communication enterprises increased the number of employees.

[5] Mainly because some enterprises in manufacturing of electronic component and toy had difficulties in production contracts, so the labor force decreased sharply compared to the same period last year.

[6] Source: National Business Registration System, Agency for Business Registration, Ministry of Planning and Investment (MPI).

[7] Compared to the same period last year, the number of enterprises decreased by 25%; the registered capital declined by 2.8 %.

[8] In the first 2 months of 2018, the number enterprises registered for new establishment increased by 29.4% compared to the same period last year; the registered capital went up 29.3%; average registered capital of an enterprise declined by 0.1%.

[9] Including: 612 enterprises without business codes; 182 enterprises were dissolved by the tax authority (but did not complete dissolution procedures required by the business registration agency); 4,199 enterprises stopped their operation but did not informed the competent authority over 02 years; 2,282 enterprises stopped their operation but did not informed the competent authority under 01 year, and 191 enterprises having business codes but did not match with data from the tax authority.

[10] Of which, the project which contributed capital, purchased shares of Beer co Limited (Hong Kong) in Viet Nam Beverage Limited Company with capital contribution of 3.85 billion USD in Ha Noi with the main objective was beer production and brewing.

[11] Of which , the project on manufacturing electronic equipment, network equipment and multimedia products with total registered investment capital of 260 million USD invested by Goertek (Hong Kong) Co., Limited at Bac Ninh.

[12] In particular, Ecofoods Hai Khanh Co., Ltd. was granted the offshore investment business certificate on February 19, 2019 with the objective of trading, importing, exporting and trading construction materials in the United States with the total investment of 5 million USD.

[13] Trade deficit in January was estimated at 800 million USD.

[14] Of which, trade deficit  of 2 months from China was 5.6 billion USD, increasing 59.2 % over the same period last year; trade deficit from South Korea reached 4.3 billion USD, going down 9.3 %; trade deficit from ASEAN was 943 million USD, falling  6.3 %; trade surplus from  EU was 4.1 billion USD, decreasing 5.2 %.

[15] Mainly due to price of flour and other cereal increased by 1.73%; rice price increased by 0.47%; processed foodstuff rose by 0.53%.

[16] Due to prices of food items increased sharply: pork price rose by 3.14%; beef price rose by 2.84%; fresh poultry rose by 2.05%; fresh seafood rose by 2.81%…

[17] Because of long Lunar Tet holiday, the need of tourism increased that resulted in an increase in package tour of 1.6% over last month; price of domestic tours rose by 1.74% and oversea tour rose by 0.95%; price of hotel, guest house increased by 0.9%.

[18] Mainly due to prices of soft drink increased by 0.37%; price of alcohol and beer rose by 0.5%; cigarette increased by 0.18%.

[19] In a 7-day Mau Tuat Lunar Tet holiday 2018, there were 296 traffic accidents making 195 persons died and 199 persons injured.