Press release socio-economic situation in the First quarter of 2025
INTERNATIONAL AND GLOBAL ECONOMIC CONTEXT The global situation has [...]
INTERNATIONAL AND GLOBAL ECONOMIC CONTEXT The global situation has [...]
Vietnam's socio-economic performance in Q1 2025 achieved positive results amid global economic uncertainty
The price of gasoline and rice decreased following world prices, which were the main reasons for the consumer price index (CPI) in March 2025 to decrease by 0.03% compared to the previous month; increase by 1.3% compared to December 2024 and increase by 3.13% compared to the same period last year.
Gross domestic product (GDP) in the first quarter of 2024 is estimated to increase by 6.93% over the same period last year
The world economy in the first three months of 2024 continues to face many difficulties and challenges. Strategic competition between powerful countries is becoming more intense, increasing geopolitical tensions.
Agricultural production in February focused on planting and tending spring rice and vegetables nationwide. Pig and poultry farming developed steadily.
The increase in pork prices due to supply shortages, the increase in prices of eating out, rental housing prices and transportation services due to consumer demand are the main reasons for the increase in the consumer price index (CPI) in February 2025 by 0.34% compared to the previous month.
As of February 20, 2025, the country has planted 2,756.1 thousand hectares of winter-spring rice, an increase of 4.2% compared to the same period last year. Of which, the northern regions have planted 852.4 thousand hectares, an increase of 12.0%; and the southern regions have planted 1,903.7 thousand hectares, an increase of 1.1%.
Agricultural production in January 2025 focused mainly on sowing and caring for spring rice, and planting crops nationwide. Pig and poultry farming developed well. People prepared land and selected quality seedlings for afforestation. Aquaculture output increased significantly, fully meeting consumer demand during the Lunar New Year.
In 2024, the global situation continued to evolve in a complex and unpredictable manner, with numerous risks and uncertainties. Military conflicts escalated, strategic competition among major powers intensified, and many countries increased protectionist trade policies.