1. The whole year 2017 (According to Report No. 349/BC-TCTK dated December 27th, 2017 of the GSO, MPI)
- Gross domestic product (GDP): GDP in 2017 was estimated to increase by 6.81% compared to 2016, in which, that of the first quarter raised by 5.15%; the second quarter increased by 6.28%; the third quarter by 7.46% and the fourth quarter by 7.65%.
- Agriculture, forestry, and fishery: The total rice yield in 2017 was estimated at 42.84 million tons, down 318.3 thousand tons as compared to 2016 for decrease in both area and productivity compared to the previous year. The total rice area in 2017 was estimated at 7.72 million hectares, decreased 26.1 thousand hectares compared to 2016; the total rice productivity throughout the year was 55.5 quintals per hectare, decreased 0.2 quintals per hectare; the area of concentrated forestation in the whole country was estimated at 241.3 thousand hectares, up 1.2% as compared to 2016, in which the area of production forest was estimated at 228 thousand hectares, up 1.3%; protection forest and special use forests at 12.7 thousand hectares, down 1.5% as compared to last year; total number of scattered forest trees was 99.8 million, up 0.6%. Timber production in 2017 was estimated at 11.5 million m3, up 12.4% YoY; totally fishery production in the whole year was estimated at 7,225.0 thousand tons, up 5.2% as compared to the last year, in which 5,192.4 thousand tons were fish, up 4.8%; shrimp reached 887.5 thousand tons, up 8.8%.
- Industrial production: Generally in 2017, IIP increased by 9.4% as compared to 2016 (up 4% in the first quarter, up 8.2% in the second quarter, up 9.7% in the third quarter, up 14.4% in the fourth quarter), much higher than the increase of 7.4% in 2016.
- Operation of businesses: Generally 2017, there were 126,859 newly registered enterprises with a total registered capital of 1,295.9 trillion VND, increased by 15.2% in the number of enterprises and 45.4% of registered capital as compared to 2016; the average registered capital of newly established enterprises was 10.2 billion dong, up 26.2%. Including 1,869.3 trillion VND of more than 35.2 thousand turns of enterprises changed to increase capital, the total registered capital added to the economy in 2017 was 3,165.2 trillion VND. Besides that, there were 26,448 enterprises back to operation, down 0.9% as compared to the previous year, bringing the total number of newly registered enterprises and those returned to operation in 2017 to 153.3 thousand enterprises. The total number of registered employees of newly established enterprises in 2017 was 1,161.3 thousand, down 8.4% as compared to 2016.
- Retail sales and consumer services revenue: Generally in 2017, total retail sales and consumer services revenue were estimated at 3,934.2 trillion VND, up 10.9% YoY (in 2016 up 10.1%), excluding price factor it increased by 9.46%, higher than an increase of 8.33% in the previous year
- Passenger and cargo transportation: Generally in 2017, passenger transport gained 4,081.6 million passengers, up 11.1% YoY and 182.8 billion passengers-kilometers, up 9.1%. Cargo transport reached 1,442.9 million tons, up 9.8% YoY and 268.9 billion tons-km, up 6.8%.
- Development investment: The total realized social investment capital in 2017 at current prices was estimated at 1,667.4 trillion VND, up 12.1% as compared to 2016 and equaling 33.3% of GDP, including 594.9 trillion VND of State capital, accounting for 35.7% of total capital and up 6.7% YoY; 676.3 trillion VND of non-State capital, accounting for 40.5% and increased by 16.8%; Foreign Direct Investment (FDI) reached VND 396.2 trillion, accounting for 23.8% and increased by 12.8%.
- Foreign Direct Investment: From the beginning of the year to December 20th, 2017 the whole country attracted 2,591 newly licensed projects with 21.3 billion USD registered capital, increased 3.5% in the numbers of projects and up 42.3% in registered capital compared to 2016. Besides, there were 1,188 licensed projects from previous years registered to adjust investment capital with an additional capital of 8.4 billion USD, up 49.2% over the same period last year, bringing the total newly registered capital and additional capital in 2017 to 29.7 billion USD, up 44.2% compared to 2016. The realized foreign direct investment in 2017 was estimated at 17.5 billion USD, up 10.8% as compared to the previous year. In 2017, there were 5,002 times of capital contribution and share purchase by foreign investors with a total value of the capital contribution of 6.2 billion USD, up 45.1% over the previous year.
- State budget revenues: Total state budget revenue from the beginning of the year to December 15th, 2017 was estimated at 1,104 trillion VND, equaling 91.1% of the yearly estimate.
- State budget expenditure: The total state budget expenditure from the beginning of the year up to December 15th, 2017 was estimated at 1,219.5 trillion VND, equivalent to 87.7% of the yearly estimate.
- Export: Generally in 2017, the export turnover was estimated at 213.77 billion USD, up 21.1% over the previous year, this was the highest increase in many years, in which, the domestic economic sector reached 58.53 billion USD, up 16.2%; foreign investment sector (including crude oil) was US$ 155.24 billion, up 23%. Excluding the price factor, the export turnover in 2017 increased 17.6% compared with 2016.
- Import: Generally in 2017, import turnover was estimated at 211.1 billion USD, up 20.8% as compared to the previous year, in which the domestic economic sector achieved 84.7 billion USD, up 17%; foreign-invested sector reached 126.4 billion USD, up 23.4%. Excluding the price factor, import turnover in 2017 increased by 17.7% compared with 2016.
- Export and import of services: Export turnover of services in 2017 was estimated at 13.1 billion USD, up 7% as compared to 2016. Import turnover of services in 2017 was estimated at 17 billion USD, up 1.6% as compared to the previous year. Service trade deficit in 2017 was 3.9 billion USD, equaling 29.9% of the export turnover of services.
- Consumer price index (CPI): The average CPI in 2017 increased by 3.53% as compared to the average in 2016, below the goal set by the Congress. CPI in December 2017 increased 2.6% as compared to December 2016, the average monthly increase of 0.21%.
- Labor and employment: The labor force above 15 years old in 2017 was estimated at 54.8 million people nationwide, adding 394.9 thousand people in comparison with 2016, including 28.4 million male workers, accounting for 51.9%; 26.4 million female workers, capturing 48.1%. By area, the labor force above 15 years old in urban areas was 17.6 million people, making up 32.2%; in the rural area was 37.2 million people, accounting for 67.8%.
2. The first 9 months of 2017 (According to Report No. 241/BC-TCTK dated September 27th 2017 of the General Statistics Office, MPI)
- Gross Domestic Product: GDP of the first 9 months 2017 was estimated to increase 6.41% as compared to the same period last year, of which, that of the first quarter raised by 5.15%; the second quarter by 6.28% and the third by 7.46%.
- Agriculture, forestry, fishery production: As of mid-Septermber, there were 1,561.1 thousand hectares of winter rice nationwide, equaling 98% YoY including 1,132.9 thousand hectares in the North and 428.2 thousand hectares in the South. Area of concentrated forestation was 162.5 thousand hectares in the first 9 months, up 3.2% YoY; number of scattered planted trees was 84.4 million, up 2.6%; timber production reached 7,916 thousand m3, up 8.1% due to the expand of consumer market. Total fishery production was estimated at 5,125.9 thousand tons in the first 9 months, up 4.5% YoY.
- Industrial production: Generally in the first 9 months 2017, IIP increased by 7.9% YoY, higher than the rise of 7.1% of the same period 2016 and 7.2% of the first 8 months this year.
- Operation of business: Generally in the first 9 months of 2017, there were 93,967 newly established enterprises with total registered capital of 902.7 thousand billion dong, up 15.4% of number of enterprises and 43.5% of registered capital as compared to the same period of 2016. Average registered capital of a newly established enterprise was 9.6 billion dong, up 24.4%. Total newly established enterprises and those back to operation in the first 9 months was 115 thousand.
- Service: In the first 9 months, total retail sale of consumer goods and services obtained 2,917.6 thousand billion dong, up 10.5% YoY, if excluding price factor, it raised 9.2%. International visitors to Vietnam was estimated at 9,448.3 thousand arrivals, up 28.4% as compared to the same period last year.
- Development investment: Realized social investment capital of the first 9 months 2017 at current price was estimated at 1,128.7 trillion dong, up 12.1% YoY and equaling 33.9% of GDP, including 401.8 trillion dong of State capital, capturing 35.6% of total capital, up 7.2% YoY and 450.4 trillion dong of non-State capital, making up 39.9%, adding 15.9% and 276.5 trillion dong of FDI capital, accounting for 24.5%, increasing by 13.5%.
- State budget revenue and expenditure: Total state budget revenue from the beginning of the year up to September 15th 2017 was estimated at 786.3 trillion dong, equaling 64.9% of the yearly estimate. Total state budget expenditure was estimated at 851.5 trillion dong, equivalent to 61.2% of the yearly estimate.
- Export and import: Generally in the first 9 months, total export turnover was estimated at US$ 154 billion, up 19.8% YoY and total import turnover was estimated at US$ 154.5 billion, up 23.1% YoY.
- Consumer price index: Average CPI of the first 9 months increased by 3.79% as compared to the same period last year; Core inflation by 1.45% YoY.
- Population and labor: Average population in 2017 was estimated at 93.7 million nationwide. As of October 1st 2017, labor force above 15 years old at 54.88 million, adding 446.4 thousand over the same period of 2016.
3. The first half of 2017 (According to Report No. 152/BC-TCTK dated June 28th 2017 of the GSO)
- Gross Domestic Product: GDP of the first half of 2017 was estimated to rise by 5.73% as compared to the same period last year, of which, that of the first quarter by 5.15% and that of the second quarter by 6.17%.
- Agricultural, forestry and fishery production: Area of winter spring rice cultivation was estimated at 3,077.4 thousand hectares nationwide, down 5.7 thousand hectares as compared to the same period 2016. In the first half of 2017, area of concentrated forestation was estimated at 100.5 thousand hectares, up 5.2% as compared to the same period 2016; Number of scattered planted trees was 55.1 million, rising by 0.7%; Firewood production was 14.1 million ste, up 0.7%; timber production reached 4,835 thousand m3, up 8.3% as compared to the same period last year. In the first half of 2017, total fishery production was estimated at 3,328.8 thousand tons, up 4.2% as compared to the same period last year, aquaculture production was 1,668.2 thousand tons, up 3.8%, production of fishery was estimated at 1,660.6 thousand tons, up 4.7%.
- Industrial production: IIP of the first half of 2017 increased by 6.2% over the same period last year (that of the first quarter by 4.3%, that of the second quarter by 7.8%), lower than the 7.2% increase of the same period 2016 but higher than 5.8% that of the first 5 months of 2017.
- Operation of the business: Generally in the first half of 2017, there were 61,276 newly registered enterprises with a total registered capital of 596.2 thousand billion dong, up 12.4% of enterprise and 39.4% of registered capital over the same period 2016. Average registered capital of newly established enterprises was 9.7 billion dong, up 24%. If including 859.2 thousand billion dong of 18.1 thousand turns of businesses adjusting to raise their capital, total additionally registered capital in the first half of 2017 was 1,455.4 thousand billion dong.
- Service activities: In the first half of 2017, total retail sales of consumer goods and services reached 1,924.1 thousand billion dong, up 10.1% over the same period last year, if excluding the price factor it increased by 8.4% (higher than the 8.1% increase of the same period 2016).
- Transportation & tourism: Passenger carriage in the first 6 months was estimated at 1,977.5 million passengers, up 9.3% and 88.9 billion passengers-kilometers, up 8.5% over the same period last year. Cargo transport in 6 months reached 705.2 million tons, up 8.8% and 130.6 billion tons-kilometers, up 5.8% over the same period in 2016. International visitors to Vietnam were 6,206.3 thousand arrivals, up 30.2% against the same period last year.
- Banking operation: Up to June 20th 2017, total means of payment increased by 5.69% over the end of 2016 (that of the same period last year by 8.07%), capital mobilization of credit institutions rose by 5.89% (that of the same period last year by 8.23%), credit growth of the first half of 2017 was 7.54% (the highest increase within the last 6 years).
- Development investment: Realized social investment capital of the first half of 2017 at current price was 674.8 trillion dong, up 10.5% over the same period and equivalent to 32.8% of GDP.
- State budget revenue and expenditure: Total state budget revenue from the beginning of the year to June 15th 2017 was estimated at 500.9 trillion dong, equaling 41.3% of the yearly estimate, of which domestic revenue was 399.1 trillion dong, equivalent to 40.3%; revenue from crude oil was 21.1 trillion dong, equaling 55.1%; budget revenue from import and export activities was 80.6 trillion dong, equivalent to 44.8%. Total state budget expenditure was estimated at 533.4 trillion dong, equaling 38.4% of the yearly estimate, of which regular expenditures were 398.9 trillion dong, equivalent to 44.5%; interest payment was 50 trillion dong, equaling 50.5%; only new development investment reached 83.3 trillion dong, equivalent to 23.3% of the yearly estimate.
- Export & import: In the first half of 2017, export turnover was estimated at US$ 97.8 billion, up 18.9% over the same period last year, if excluding the price factor it increased by 12.9%. Import turnover was US$ 100.5 billion, up 24.1% over the same period last year. Generally in the first half of 2017, trade deficit was US$ 2.7 billion, including US$ 12.92 billion trade deficit of domestic sector and US$ 10.22 billion trade surplus of FDI sector (including crude oil).
- Consumer price index: Average CPI of the first half of 2017 increased by 4.15% over the same period last year; CPI of June 2017 rose by 0.2% over December 2016 and by 2.54% as compared to the same period last year. Core inflation in the first half of 2017 increased 1.52% over the same period 2016.
Labor & employment: Labor force upper than 15 years old up to July 1st 2017 was estimated at 54.5 million nationwide, adding 162.2 thousand over the same period of 2016, including 28.3 million of male labor, capturing 52% and 26.2 million of female labor, making up 48%.
4. The first 3 months 2017 (According to Report No. 56/BC-TCTK dated March 28th 2017 by the GSO)
- Gross Domestic Product: GDP of the first quarter 2017 was estimated to increase 5.1% as compared to the same period last year, higher than the increase of the first quarter in 2012, 2013, 2014, but lower than that of 6.12% and 5.48% of the same period of 2015 and 2016, respectively.
- Value of agricultural, forestry and fishery production of the first quarter at the 2010 comparative price was estimated at 181.9 trillion dong, up 1.98% as compared to the same period last year, including 138.4 trillion dong of agricultural production, up 1.41%; 6.7 trillion dong of forestry production, up 5.04% and 36.8 trillion dong, up 3.59%.
- Industrial production: IIP of the first quarter 2017 increased 4.1% YoY, much lower than the increase of the same period of recent years.
- Enterprise operation: In the first quarter, there were 26,478 newly registered enterprises with total registered capital of 271.2 trillion dong, up 11.4% of number of enterprises and 45.8% of registered capital YoY. Average of registered capital per enterprise was 10.2 billion dong, up 30.9%. If adding 325.4 trillion dong of additionally registered capital, total newly and additionally registered capital in the first quarter was 596.6 trillion dong. There were 9,271 decommissioned enterprises returning to business, down 1.1% YoY, so total newly registered enterprises and decommissioned ones returning to business in the first quarter was 35.7 thousand.
- Services: Total retailed sales of consumer goods and services in the first quarter was estimated at 921.1 trillion dong, up 9.2% YoY, if excluding the price factor, it increased by 6.2% (lower than the increase of 7.5% of the same period last year).
- Passenger and cargo transportation: Passenger transportation of the first quarter was estimated at 969.9 million arrivals, up 8.7% YoY and 44.1 billion arrivals.km, up 9.4%. Cargo transportation was estimated at 350.1 million tons, up 14.7% YoY and 64.4 billion tons.km, up 6.7%. International visitors to Vietnam in the first quarter were estimated at 3,212.5 thousand arrivals, up 29% YoY.
- Banking operation: As of March 20th 2017, total means of payment increased by 2.88% as compared to the end of 2016 (that of the same period last year by 3.08%). Mobilized capital of commercial banks rose by 2.43% (that of the same period last year by 2.26%). Credit growth in the first quarter increased by 2.81%, the highest growth in the last 6 years.
- Construction: Value of construction in the first quarter at current price was estimated at 225.8 trillion dong, which at 2010 comparative price was estimated to rise 6.1% YoY.
- Investment: Realized social investment capital of the first quarter at current price was estimated at 297.8 trillion dong, up 8.6% YoY and equaling 32% of GDP, including: Capital of state sector was 99.9 trillion dong, capturing 33.5% of total capital and up 4.9% YoY; That of non-state sector was 117.4 trillion dong, making up 39.4% and up 13.8%; That of FDI sector was 80.5 trillion dong, accounting for 27.1% and up 6.2%.
- State budget revenue and expenditure: Total state budget revenue from the beginning of the year to March 15th 2017 was estimated at 216.7 trillion dong, equaling 17.9% of the yearly estimate. Total state budget expenditure was estimated at 229.1 trillion dong, equivalent to 16.5% of the yearly estimate.
- Export and import: Generally in the first quarter this year, total export turnover was estimated at US$ 43.7 billion, up 12.8% as compared to the same period last year, if excluding the price factor, it increased 6.7% YoY. Total import turnover was estimated at US$ 45.6 billion, up 22.4% YoY, if excluding price factor, it rose by 19.9% YoY. Generally, in the first quarter, trade deficit was US$ 1.9 billion, of which, that of domestic economy sector was US$ 6.06 billion, trade surplus of FDI sector (including crude oil) was US$ 4.16 billion.
- Consumer price index: Average of CPI in the first quarter increased by 4.96% YoY, higher than that of the same period of the three last years. Average of inflation rose by 1.66% YoY.
- Labor and employment: As of April 1st 2017, there were estimated at 54.5 million labors above 15 years, adding 104.9 thousand labors YoY, including 28 million male labors, capturing 51.4% and 26.5 million female labors, making up 48.6%./.
Ministry of Planning and Investment