1. Agriculture, forestry and fishery

Agricultural production in the month focused mainly on cultivating, tending summer crops and harvesting paddy and summer-autumn crops. Poultry farming grew well. African swine fever was gradually under control, people started to resume to consume pork. Fishery production maintained a growth momentum in both aquaculture and fishery. However, the agricultural faced difficulties when the selling prices of most agricultural products dropped at   low level compared with that of over the same period last year; long lasting sunny weather caused forest fires and forest damage was recorded to increase in the Central Coastal Area.

       a) Agriculture

As of August 15, the country cultivated 1,473.9 thousand hectares of winter paddy rice, equaling 95.6% of over the same period last year, of which Northern provinces reached 1,067.1 thousand hectares, equaling 96.4%; Southern provinces reached 406.8 thousand hectares, equaling 93.3%. This year’s crop was affected by complicated weather. Long lasting hot weather caused  challenges for cultivation. Northern provinces was devastated by storms No. 2, No. 3 and tropical depressions in the East Sea, especially the circulation of storm No. 3 that caused floods, and destruction of paddy areas and crops. Currently, the weather was recorded favorable, rainy during night and sunny on the day, with sufficient irritating water and sunshine that facilitated paddy to grow well. However, the phenomenon of small leaf-rolling worms, brown planthoppers and white-backed planthoppers scattered on some paddies. Localities should implement measures to strengthen and prevent pests and diseases, not to spread on a large scale affecting to the production outputs of the crop.

Summer-autumn paddy this year the country cultivated 2,011.3 thousand hectares, a decline of 40.8 thousand hectares compared with that of over the previous summer-autumn crop[1], mainly due to the restructuring and transformation of crops. As of mid-August, the country harvested 1,036.4 thousand hectares of summer-autumn paddy, holding 51.5% of  cultivation area, an equal to 104.7% of over the same period last year, of which Mekong River Delta  reached 983.3 thousand hectares, holding 62.6%, an equal to 105.5%.

Progress of harvesting of summer-autumn paddy was recorded faster compared with that of over the same period last year due to the implementation of the cultivation crops calender and which was recorded 10-20 days earlier than that  of against the summer-autumn crop last year. According to local reports, this year’s summer-autumn paddy yield was estimated at 54.4 quintals / hectare, a decrease of 0.3 quintals / hectare compared with that of over the previous summer-autumn paddy crop due to the effects of climate change and high temperatures. Due to hot weather, the growth time of paddy decreased, paddy rice produced early flowering, especially the effects of rain and storms during harvesting time in the Mekong River Delta, causing damage to some paddy areas. There was recorded a decrease in both cultivated area and the yeild so the total production of summer-autumn crop in 2019 was estimated at nearly 11 million tons, a decline of 280.2 thousand tons compared with that of over the summer-autumn crop in 2018.

As of mid-August, Mekong River Delta cultivated 382.8 thousand hectares of autumn-winter paddy, equaling 95.5% of  over the same period last year due to impacts of early rainy season. Some localities recorded a decrease in cultivated areas compared with that of over the same period last year: Dong Thap decreased by10.9 thousand hectares; Can Tho decreased by 9.8 thousand hectares; Hau Giang decreased by  6.6 thousand hectares. Currently, autumn-winter paddy was growing well.

As of August 15, localities in the nationwide cultivated 863.3 thousand hectares of maize, equaling 96.9% of over the same period last year; 100.3 thousand hectares of sweet potatoes, equaling 98.2%; 159.6 thousand hectares of groundnut, equaling 95.3%; 39.9 thousand hectares of soybeans, equaling 95.9%; 897.7 thousand hectares of vegetables and beans, equaling 101.4%.

Buffalo and  cattle husbandary in the month witnessed stability. African swine fever in many localities was gradually controlled, price of pig living weight increased slightly, farmers got profits, the number disposal of dead pigs in the month decreased compared with that of over the previous month[2]. Poultry farming grew well due to stable consumption market. As of August, buffalo population was estimated to decrease by 3.1% compared with that of against the same period last year; cattle population increased by 2.4%; pigs decreased by 18.5%; poultry increased by 10%. As of August 20, 2019, the country no longer reported the blue-ear disease and bird flu; foot and mouth disease still recoreded in Soc Trang; African swine fever was found in 6,959 communes in 592 districts of 62 provinces and central cities[3].

         b) Forestry

In August, the concentrated forests area was estimated at 25 thousand hectares, a decline of 7.4% of over the same period last year, number of dispersed trees reached 7.1 million, a drop of 1.9%; wood production reached 1,434 thousand m3, an increase of 4.6%; firewood production reached 1.5 million ste, a decrease of 3.9%. Some localities recorded a sharp increase in wood production: Quang Ngai reached 141.4 thousand m3, an increase of 24% of over the same period in 2018; Quang Nam reached 110 thousand m3, an increase of 10%; Nghe An reached 108.3 thousand m3, an increase of 22.9%; Quang Tri reached 84.1 thousand m3, a growth of 10.7%.

Generally in 8 months, the concentrated forests area was estimated at 148.8 thousand hectares, a decline of 5.6% of over the same period last year; number of dispersed trees reached 47.9 million, a drop of 2.9%; wood production reached 9,934 thousand m3, an increase of 4.3%; firewood production reached 12.2 million ste, a drop of 1.9%.

In August 2019, the devasted forest area was 480.7 hectares, which was recorded 6.9 times higher than that of over the same period last year, of which forest fires area was 435.1 hectares, an increase of 24.1 times; cleared forest area recorded 45.6 hectares, a decline of 12.4%. Some localities was recorded an increase in forest fire area: Phu Yen by178.2 hectares, an increase of 13 times higher than that of over the same period last year; Quang Ngai by 93.3 hectares; Binh Dinh by 86.6 hectares (as of the same period last year, there were no forest fires recorded in Quang Ngai and Binh Dinh). Generally in 8 months, the damaged forest area was 2,281.5 hectares, an increase of 2.7 times compared with that of against the same period last year, of which forest fire area was 1,890.3 hectares, an increase of 4.6 times; cleared forest area was 391.2 hectares, a drop of 7.2%.

       c) Fishery

In August, fishery production was estimated at 712.6 thousand tons, a growth of 4.8% of over the same period last year, of which fish reached 502.3 thousand tons, a growth of  5.1%; shrimp reached 103.2 thousand tons, an increase of 6.1%; other fisheries reached 107.1 thousand tons, an increase of 2.4%.

Production of aquaculture in the month was estimated at 411.3 thousand tons, rising by 5.5% of over the same period last year, of which fish gained 276.8 thousand tons, rising by 5.6%; shrimp reached 91.2 thousand tons, increasing by 6.5%. Pangasius farming continued to witness good, production of Pangasius in August was estimated at 128.6 thousand tons, rising by 6.8% of over the same period last year, of which Dong Thap reached 45 thousand tons, increasing by 5.7%; An Giang reached 40.2 thousand tons, increasing by 10.4%; Can Tho reached 12.9 thousand tons, increasing by 0.2%; Ben Tre reached 10.4 thousand tons, increasing by 10.4%. However, due to the excess in supply, the price of pangasius remained at lower than the production costs and which recorded no signals of recovery. Shrimp farming was in stager of harvesting to prepare for the new crop. Price of whiteleg shrimp was recorded an upward trend compared with that of over the previous month but tiger shrimp price saw a down trend. Super-intensive, high-tech vannamei shrimp farming model was recorded a growth in Mekong River Delta. Production of whiteleg shrimp was estimated at 56.5 thousand tons, rising by 10.1% of over the same period last year, of which some localities saw an increase in production of against the same period last year: Soc Trang reached 25.5 thousand tons, rising by 3.8%; Cau Mau reached 8.1 thousand tons, rising by 8%. Black tiger shrimp production was estimated at 31.2 thousand tons, falling by 1.9% of over the same period last year.

Estimated fishing production in August 2019 reached 301.3 thousand tons, rising by 4% of over the same period last year, of which fish reached 225.5 thousand tons, rising by 4.5%; shrimp reached 12 thousand tons, rising by 2.6%; other fisheries reached 63.8 thousand tons, rising by 2.4%. Marine catchings in the beginning days of August were affected by the storm No. 3 and tropical depression, production of of marine catching reached 281.1 thousand tons, rising by 3.9% of over the same period last year.

Generally in 8 months in 2019, fishery production was estimated at 5,228.6 thousand tons, rising by 5.4% of over the same period last year, of which aquaculture production reached 2,727.5 thousand tons, rising by 6%. Other fishery production reached 2,501.1 thousand tons, an increase of 4.8% (marine sea fishing production reached 2,380.7 thousand tons, an increase of 4.9%).

  1. Industrial production

Industrial production in the eight months of 2019 reached a considerable increase of 9.5% over the same period last year, of which the manufacturing increased by 10.6%, the mining and quarrying increased slightly thanks to the rise in coal mining, offsetting the decline in crude oil extraction; the production and distribution of electricity ensured adequate supply of electricity for people’s production and consumption.

The index of industrial production (IIP) in August 2019 was estimated to increase by 5.4% over the previous month and by 10.5% over the same period last year, of which the IIP of the mining and quarrying rose 14.4% due to sharp increase in the mining of coal and metal ore; the IIP of the manufacturing, the production and distribution of electricity, the water supply, sewerage, waste management and remediation activities increased by 10.3%, 10.3%, and 7.6%, respectively.

Generally for 8 months of 2019, the IIP was estimated to increase by 9.5% over the same period last year, which was lower than the increase of 10.8% in the same period of 2018, but higher than the increase of 8.2% and 7.2% in the same period of 2017 and 2016. Of which, the mining and quarrying showed an increases of 2.5% in the IIP, contributing 0.4 percentage points to the general growth; the IIP of the manufacturing increased by 10.6% (the same period last year increased by 13.1%), contributing 8.1 percentage points; the IIP of the production and distribution of electricity, the water supply, sewerage, waste management and remediation activities increased by 10.2%, 7.4%, which contributing 0.9 percentage points, and 0.1 percentage points, respectively.

In 2-digit industrial activities, the 8-month IIP of some activities increased significantly compared to the same period last year, contributing mainly to the overall growth of the whole industry: the manufacture of coke, refined petroleum products (40.9%); the manufacture of basic metals (40.2%); the mining of metal ore (19.3%); the manufacture of rubber and plastic products (15.2%); the mining of hard coal and lignite (14.2%); the manufacture of furniture (11.5%); the printing and reproduction of recorded media (11.2%); the manufacture of wood and of products of wood and cork, except furniture (11.1%); the manufacture of textile (11%). A number of industries saw a slight increase in the 8-month IIP: the manufacture of electronic, computers and optical products (3.8%) (the same period last year increased by 17%); the manufacture of tobacco products (3.1%); the mining and quarrying of other minerals (stone, sand, gravel, etc.) was 2.3%. The 8-month IIP of some activities decreased, including the repair, maintenance and installation of machinery and equipment (0.1%); the extraction of crude oil and natural gas production (1.4%) (of which, the extraction of crude oil experienced a decrease of 6.9% in the IIP, but the extraction of natural gas showed an increase of 3.9%); the manufacture of pharmaceuticals, medicinal chemical and botanical products (1.7%); the manufacture of other transport vehicles (motorcycles, motorbikes) (5.1%).

In the 8 months of this year, the IIP of some main industrial products increased significantly over the same period last year: iron and crude steel (56.9%); petrol and oil (42.9%); televisions (23.1%); aquatic feed (14.6%); liquefied petroleum gas (LPG) (14.1%); clean coal (14%); chemical paint (13.3%); bar and angel steel (12%); mobile phones (11%) (of which, the IIP of smart phones increased by 15.8%); all sorts of beer and automobiles (10.7%); fabrics from natural yarn (10.5%). The IIP of Urea fertilizer slightly increased by 1.4%, the IIP of animal feed remained unchanged compared to same period last year. However, a number of products showed a decrease in the IIP: NPK mixed fertilizer (1.9%); extracted crude oil (6.9%); motorbikes (8.3%); refined sugar (16.2%); phone components (16.3%).

The number of employees working in industrial enterprises as of 1st August, 2019 increased by 1.7% over the same period last month and by 1.5% from the same period last year, of which the number of employees working in State-owned enterprises decreased by 1.9%; but the figure in non-state enterprises, FDI enterprises increased by 0.5% and 2.5%, respectively. At that time, the number of employees working in the mining and quarrying decreased by 2.4% compared to the same period last year; the figure in the manufacturing, the production and distribution of electricity, the water supply, sewerage, waste management and remediation activities increased by 1.6%, 2.1%, and 2.4%, respectively.

  1. Enterprises registration situation[4]

Although the number of newly established enterprises and re-operated enterprises in the month decreased compared to the previous month and compared to the same period last year because August 2019 coincided with the seventh lunar month, that the people were unwilling to start and run business but in the first eight months of this year, the total number of newly registered enterprises and re-operated enterprises reached nearly 116 thousand enterprises, went up 7% over the same period last year, of which the number of newly established enterprises increased by 3.5% and the number of re-operated enterprises increased by 21.8%.  Remarkable, the average registered capital size of a newly established enterprises in 8 months increased sharply, reached 12.7 billion VND, the highest level in recent years.

In August 2019, the whole country had 11,177 newly established enterprises with a registered capital of 151.3 trillion VND, a downturn of 9.5% in the number of enterprises and rose up 8.7% in the registered capital compared to last month[5]; the average registered capital of an enterprise reached 13.5 billion VND, a rise of 20.1%; the total number of registered employees of newly established enterprises was 88.3 thousand persons, a fall of 6.9%. In the month, there were 1,587 re-operated enterprises in the whole country, reduced 41% compared to the previous month; 1,200 enterprises ceased for a certain period of time, a cut down of 52%; 2,096 enterprises temporarily ceased and awaited dissolution procedures, a drop of 15.2%; 1,295 enterprises completed dissolution procedures, went up 9.7%.

Generally, in the first 8 months of this year, the whole country had 90.5 thousand newly registered enterprises with a total registered capital of 1,150.7 trillion VND, an increase of 3.5% in the number of enterprises and 31% in the number of registerted capital compared to the same period in 2018; the average registered capital of a newly established enterprise gained 12.7 billion VND, rising by 26.6%[6]. If including 1,603.7 trillion VND of the additionally registered capital of enterprises that recorded upward adjustment of capital, the total additionally registered capital in the economy in the first 8 months of 2019 was 2,754.4 trillion VND. Besides, there were 25.5 thousand re-operated enterprises, an increase of 21.8% over the same period last year, bringing the total number of newly registered enterprises and re-operated enterprises in 8 month to nearly 116 thousand enterprises. The total number of registered employees of newly established enterprises in 8 months of this year was 832.3 thousand persons, increasing by 13.3% over the same period last year.

By economic sector, in the first 8 months of this year, there were 1.3 thousand newly established enterprises in the agriculture, forestry and fishery sector, accounting for 1.4% of the total number of newly established enterprises; 24.5 thousand enterprises in the industry and construction sector, making up 27%; 64.7 thousand enterprises in the service sector, sharing 71.6%. In particular, most of the fields of operation had the number of newly established enterprises increased over the same period last year: There were 11.6 thousand construction enterprises (forming 12.8%), a growth of 0.8%; 11.5 thousand manufacturing enterprises (constituted 12.7%), rose by 5.4%; 7.6 thousand enterprises in the science, technology, consultation service, designing, advertisement and others (accounted for 8.4%), went up 14.2%; 5.4 thousand real estate enterprises (accounting for 6%), climbing up 20.2%; 5.3 thousand enterprises in the employment services, travel, renting and leasing of machinery, equipment and other support services (accounting for 5.8%), increasing by 3.3% … The number of newly established enterprises reduced in 4 fields compared to the same period last year, includings: wholesale and retail, repair of automobiles and motorbikes had 29.5 thousand enterprises (sharing 32.6%), decreasing by 0.5%; accommodation and catering services had 4.3 thousand enterprises (4.8%), went down 5.7%; transportation and  storage had 3.8 thousand enterprises (accounting for 4.2%), a cut down of 1.1%; financial, banking and insurance activities had 960 enterprises (forming 1.1%), a fall of 20.2%.

In the first 8 months of this year, most economic regions with newly registered enterprises increased compared to the same period last year: The Red River Delta region had 27.6 thousand enterprises, rose by 5.5% (the registered capital reached 325.9 trillion VND, up 24.3%); The North Central Coast and Central Coast areas had 12.8 thousand enterprises, an upturn of 4.5% (the registered capital of 122.6 trillion VND, surge 10.2%); Central Highlands had 2.3 thousand enterprises, expanded 9.2% (the registered capital of 31.3 trillion VND, a rise of 129.4%); The South East had 38.1 thousand enterprises, going up by 2.6% (the registered capital was 564.5 trillion VND, up 40.9%); The Mekong River Delta had 6.2 thousand enterprises, went up 0.3% (the registered capital of 65.6 trillion VND, a growth of 11.2%). Particularly in the Northern Midlands and Mountains areas had 3.5 thousand newly established enterprises, went down 3.5% over the same period last year (the registered capital of 40.8 trillion VND, up 28.4%).

The number of enterprises ceased for a certain period of time of 8 months was 20.1 thousand enterprises, decreasing by 7% over the same period last year. By economic activities, there were 7.8 thousand enterprises temporarily ceased with registration in the wholesale and retail, repair of automobiles and motorbikes (accounting for 38.8%), a decline of 8% over the same period of the last year; 2.9 thousand construction enterprises (making up 14.5%), down 10.6%; 2.6 thousand manufacturing enterprises (sharing 12.8%), a drop of 4.7%; 1.2 thousand enterprises in the transportation and  storage (accounting for 5.9%), reduced10.7%; 1 thousand accommodation and catering services enterprises (accounting for 5%), a cut down of 13.2% …

In the first eight months of this year, there were 25.7 thousand enterprises temporarily ceased and awaited dissolution procedures, of which 11.4 thousand enterprises were revoked their business registration certificates in line with the 2018 data standardization program, forming 44.4% of the total number of enterprises temporarily ceased and awaited dissolution procedures; enterprises announced dissolution of 8.8 thousand enterprises, making up 34.2% and 5.5 thousand enterprises awaited dissolution procedures, accounting for 21.4%.

The number of enterprises completed dissolution procedures in 8 months of 2019 was 10.6 thousand enterprises, rose by 15.5% over the same period last year, of which there were 9.5 thousand enterprises with capital of less than 10 billion VND. (accounting for 90.3% of total enterprises completed dissolution procedures), increasing by 14%. Enterprises completed dissolution procedures focused mainly in the fields, such as: there were 4.3 thousand enterprises in the wholesale and retail, repair of automobiles and motorbikes with (making up  40.4%), a rise of 21.8% compared to the same period last year; 1.1 thousand manufacturing enterprises (accounting for 10.8%), a drop of 10.6% and more 1 thousand construction enterprises (sharing 9.8%), went up 4.2%.

  1. Investment

Although there were positive changes  when the realized rate agaisnt yearly plan was  higher than the same period last year[7], the situation of implementation of investment of the state budget in August and 8 months of 2019 was not still improved much when it continued to reach the lowest growth in the years of 2015-2019[8]. Meanwhile, foreign direct investment remained growing with a record number of newly registered projects for 8 months and the highest realized capital in recent years[9].

The realized investment of the state budget in August was estimated at 31.4 trillion VND, a rise of 5.5% over the same period last year, including: the central capital was 4.1 trillion VND, a decrease of  26.9%; the local capital was 27.3 trillion VND, an increase of 13%. Generally for 8 months of this year, the realized investment of the state budget reached 189.2 trillion VND, equaling 53.1% of the yearly plan and going up 3.8% against the same period last year (the rates of same period in 2018 were 51.8% and 10.4%,respectively), including:

– The capital under central management was 23.5 trillion VND, equaling 48.7% of the yearly plan and falling 29.4% against the same period last year, of which the implemented investment of the Ministry of Transportation reached 4,649 billion VND, equaling 52.8% and decreasing by 57.5%; Ministry of Health 2,092 billion VND, equaling 39.5% and going up 33.7%; Ministry of Agriculture and Rural Development was 1,606 billion VND, equaling 47.9% and going down 55.8%; Ministry of Education and Training 586 billion VND, equaling 39.7% and climbing up 2.7%; Ministry of Natural Resources and Environment 526 billion VND, equaling 40.2% and going down 25.1%; Ministry of Culture, Sports and Tourism: 353 billion VND, equaling 47.4% and decreasing by 2.1%; Ministry of Science and Technology 170 billion VND, equaling 53.2% and increasing by 39.2%; Ministry of Industry and Trade 125 billion VND, equaling 51.1% and increasing by 3.6%; Ministry of Construction 111 billion VND, equaling 44.2% and going down 24.3%; Ministry of Information and Communications 72 billion VND, equaling 45.6% and expanding by7%.

– The capital under local management reached 165.7 trillion VND, equaling 53.8% of the yearly plan and climbing up 11.3% over the same period in 2018, of which: the state budget capital under provincial level reached 111.5 trillion VND, equaling 51.5% and growing up 8.3%; the state budget capital at district level gained 45.6 trillion VND, equaling 58.3% and increasing by 18.3%; the State budget capital at commune level was 8.6 trillion VND, equaling 65.4% and expanding by 16.3%. The realized investment capital of the state budget in 8 months of 2019 of some provinces and cities directly under the Central Government was as follows: Ha Noi reached 25.9 trillion VND, equaling 52.3% of the yearly plan and expanding by 21.1% over the same period last year; Ho Chi Minh City 12.3 trillion VND, equaling 33.4% and going down 2.6%; Quang Ninh 5,968 billion VND, equaling 51.6% and climbing up 10.1%; Hai Phong 5,246 billion VND, equaling 57.9% and decreasing by 0.1%; Thanh Hoa 4,896 billion VND, equaling 62.7% and spreading 22.8%; Ba Ria – Vung Tau 4,269 billion VND, equaling 64.7% and increasing by 9.8%; Binh Duong with 4,255 billion VND, equaling 52% and climbing up 2.6%; Quang Nam 4,139 billion VND, equaling 55.7% and jumping up 24.9%; Dong Nai 4,019 billion VND, equaling 60.1% and rising 14.8%.

Foreign direct investment from the beginning of the year to 20th August, 2019 attracted 2,406 newly licensed projects with a registered capital of 9,127.9 million USD, an increase of 25.4% in the number of projects and a decrease of 32.3% of registered capital compared to the same period in 2018. Besides, 908 projects which were licensed in the previous years registered to adjust investment capital with the additional capital of 3,989.9 million USD, a decrease of 28.6% over the same period last year. Thus, the total newly granted capital and additional capital in 8 months of this year reached 13,117.8 million USD, a fall of 31.2% in comparison with the same period in 2018. Foreign direct investment capital in 8 months was estimated reached 12 billion USD, up 6.3% over the same period last year. In 8 months, there were 5,235 turns of capital contribution and share purchase of foreign investors with a total value of capital contribution of 9.51 billion USD, an increase of 80% over the same period in 2018, of which 872 turns of capital contribution and share purchase increased the chartered capital of the enterprise with the value of contributed capital of 5.9 billion USD and 4,363 foreign investors repurchased domestic shares without increasing the charter capital with the value of 3.61 billion. USD.

In 8 months of this year, the manufacturing activity attracted the largest foreign direct investment with the registered capital of newly licensed projects reaching 6,807.1 million USD, accounting for 74.6% of the total newly granted capital; the real estate business achieved 852.3 million USD, accounting for 9.3%; the other sectors gained 1,468.5 million USD, accounting for 16.1%. If including the additional registered capital of the licensed projects in the previous years, the foreign direct investment in the manufacturing activity in 8 months witnessed 10,348.3 million USD, accounting for 78.9 % of registered capital; the real estate business reached 729 million USD, accounting for 5.6%; the other sectors gained 2,040.5 million USD, making up 15.5%. In term of  capital contribution and share purchase of foreign investors, capital invested in the manufacturing activity recorded 5,392 million USD, accounting for 56.7% of the total value of capital contribution; the real estate business reached 1,582.8 million USD, representing 16.6%; the other sectors witnessed 2,535.2 million USD, accounting for 26.7%.

Among 68 countries and territories had newly licensed projects in Viet Nam for 8 months, China ranked the top with 1,876.2 million USD, accounting for 20.6% of total newly registered capital; followed by South Korea with 1,721.4 million USD, making up 18.9%; Japan 1,184.5 million USD, accounting for 13%; Hong Kong Special Administrative Region (China) 1,109.6 million USD, representing 12.2%; Singapore 1,034.4 million USD, comprising 11.3%; Thailand 438.3 million USD, sharing 4.8%; Taiwan 374.1 million USD, consiting of 4.1%; British Vigin Islands 341.4 million USD, accounting for 3.7%.

Vietnam’s outward investment in the first 8 months of this year, 102 projects were newly granted investment certificates with a total capital of 339.5 million USD; 23 projects adjusted capital with the additional capital of 99.5 million USD. Generally, Vietnam’s outward investment (newly granted capital and additional capital) in 8 months of 2019 witnessed 439 million USD, of which the wholesale and retail; repair of motors vehicles and motorcycles reached 96.7 million USD, sharing 22% of total investment capital; the agriculture, forestry and fishery reached 88.6 million USD, accounting for 20.2%; the professional, science and technical activities gained 83.4 million USD, accounting for 19%; the real estate business recorded 72 million USD, making up 16.4%. In 8 months, Viet Nam invested in 30 countries and territories, of which Australia was the leading country with 178.9 million USD, representing 40.7% of total investment capital; Spain 59.8 million USD, sharing 13.6%; United State 49.3 million USD, accounting for 11.2%; Cambodia 38.5 million USD, comprising 8.8%; Singapore 35.6 million USD, accounting for 8.1%.

  1. State budget revenue and expenditure

In the first 8 months of 2019, the progress of State budget revenue remained stable, with 7/12 domestic revenues reaching a fairly good progress compared to the estimate and being higher than the average rate; State budget expenditure continued to ensure timely development investment tasks, debt payment, defense and security assurance and operation of the State apparatus.

The state budget revenue from the beginning of the year to 15th August, 2019 was estimated at 932.1 trillion VND, equaling 66% of the yearly estimate, of which domestic revenue was 751.8 trillion VND, equaling 64.1 %; revenue from crude oil achieved 36.3 trillion VND, equaling 81.3%; budget balance revenue from import and export activities gained 141.2 trillion VND, equaling 74.6%. In the domestic revenue, tax on state-owned enterprises was 101.8 trillion VND, equaling 57.3% of the yearly estimate; tax on FDI enterprises (excluding crude oil) was 128 trillion VND, equaling 59.9%; taxes on trade and non-state services witnessed 149.3 trillion VND, equaling 61.8%; personal income tax revenue witnessed 73.2 trillion VND, equaling 64.7%; revenue from environment protection taxes was 34 trillion VND, equaling 49.3%; land use fee was 73.6 trillion VND, equaling 81.7%.

The state budget expenditure from the beginning of the year to 15th  August, 2019 was estimated at 834.9 trillion VND, equaling 51.1% of the yearly estimate, of which reccurent expenditure was 607.2 trillion VND, equaling to 60.8%; expenditure for development investment was 144.5 trillion VND, equaling 33.7%; interest payment gained 71.3 trillion VND, equaling 57.1%.

  1. Trade, price, transport and tourism

      a. Retail sales of consumer goods and services

August was influenced by storms and raining, also the lunar July, which made people psychologically restricted from shopping so trade and service activities in the month increased only slightly by 0.4% over the previous month. Generally, in the first eight months of 2019, gross retail sales of consumer goods and services continued to reach a high growth rate compared to the same period last year (11.5%), reflecting increasing consumer demand among the people.

Gross retail sales of consumer goods and services in August were estimated at 414.4 trillion VND, up 0.4% over the previous month and up 12.4% over the same period last year, of which: retail sales of goods reached 313.6 trillion VND, up 1% and up 13.3%; accommodation and catering services revenue reached 49 trillion VND, down 2.7% and up 9.8%; tourism and traveling services revenue reached 3.8 trillion VND, down 1.2% and up 8.7%; other service revenue reached 48 trillion VND, up 0.2% and up 9.2%.

Generally for the first 8 months of 2019, gross retail sales of consumer goods and services reached 3,215.5 trillion VND, up 11.5% over the same period last year[10], if excluding the price factor, gaining a increase of 9.03 % (that in the same period in 2018 increased by 8.98%).

By economic activities, retail sales of goods in 8 months reached 2,444.8 trillion VND, accounting for 76% of the total and up 12.5% over the same period last year. In particular, cultural and educational items increased by 13.6%; food and foodstuff rose by 13.6%; garments grew by 10.6%; household appliances, tools and equipment expanded by 10.9%; means of transportation climbed by 8.5%. Some provinces gained a good increase as follows: Quang Ninh by 19.5%; Binh Duong by 17.5%; Thanh Hoa by 15%; Hai Phong by 14.7%; Nghe An and Binh Dinh both increased by 13.9%; Da Nang rose by 13.5%; Ho Chi Minh City expanded by 13.3%; Hanoi jumped by 13%.

Turnover from accommodation and catering services in 8 months was estimated at 385.9 trillion VND, accounting for 12% of the total and rising by 9.8% over the same period last year, of which Binh Dinh soared by 19%; Hai Phong increased by 17.2%; Quang Binh accelerated by 16.2%; Thanh Hoa and Quang Ninh both increased by 15.7%; Can Tho expanded by 14.9%; Hanoi climbed by 11.1%; Ho Chi Minh City grew by 8.5%.

Revenue from tourism and traveling services in 8 months was estimated at 29.7 trillion VND, accounting for 0.9% of the total and going up by 12.1% over the same period last year, of which the revenue of some provinces increased as follows: Binh Dinh by 18.6%; Thanh Hoa by 14.9%; Khanh Hoa by 14.5%; Ho Chi Minh City by 12.5%; Lam Dong by 10.1%; Thua Thien – Hue by 9.5%; Hanoi by 7.4%.

Revenue from other services in 8 months was estimated at 355.1 trillion VND, accounting for 11.1% of the total and going up by 7% over the same period in 2018. Revenue of some provinces increased particularly as follows: Binh Dinh by 16.9%; Can Tho by 12%; Da Nang by 10.3%; Hai Phong by 9.4%; Ho Chi Minh City by 8.3%; Ninh Binh by 5.7%; Hanoi by 5%.

           b) Export and import of goods

Total import and export turnover of goods in 8 months of 2019 was estimated at 336.56 billion USD, of which export turnover reached 169.98 billion USD, rose by 7.3% over the same period last year. The growth rate of 8-month export turnover of the domestic economic sector reached 13.9%, much higher than the growth rate of the FDI sector (4.6%) and the proportion of the domestic economic sector continued its upward trend, accounted for 30.6% of total export turnover (the figure of the same period last year was 28.8%). The trade balance of goods in 8 months was estimated to have a trade surplus of 3.4 billion USD, of which August saw a trade surplus of 1.7 billion USD, equivalent to the trade surplus of 7 months of 2019, that was because 8 months’ export turnover of the group phones and their parts reached 33 billion USD, contributed 19.4% of total export turnover of goods.

Export of goods

Export turnover of goods in July 2019 reached 22,979 million USD, 379 million USD higher than the estimated figure, of which phones and their parts were 193 million USD higher; precious stones and metals were 81 million USD higher; fishery was 53 million USD higher; textiles were 47 million USD higher than estimated.

Export turnover in August 2019 was estimated at 24.50 billion USD, rose by 6.6% over the previous month, of which the domestic economic sector gained 7.34 billion USD, dropped 4.9%; FDI sector (including crude oil) reached 17.16 billion USD, rose by 12.4%. Some export products in August saw an increase in turnover over the previous month: Coal increased by 103.6%; phones and their parts increased by 37.8%, mainly because Samsung promoted export of Galaxy Note 10 products; electronic goods, computers and their parts rose by 8.6%; precious stones and metals increased by 3.9%. Compared to the same period last year, August export turnover increased by 4.5%, of which the domestic economic sector increased by 14%, the FDI sector (including crude oil) increased by 0.9%. Export turnover of some products grew sharply: precious stones and metals rose by 714.6%; footwear increased by 14.3%; electronic goods, computers and their parts rose by 12.9%; means of transport and spare parts went up by 10.1%; phones and their parts increased by 7%.

Generally for 8 months of 2019, export turnover was estimated to reach 169.98 billion USD, rose by 7.3% over the same period in 2018, of which the domestic economic sector reached 52.04 billion USD, rose by 13.9%, accounting for 30.6% of total export turnover; FDI sector (including crude oil) reached 117.94 billion USD, rose by 4.6%, accounted for 69.4% (a decrease of 1.8 percentage points compared to the same period last year).

In 8 months, there were 26 products having export turnover of over 1 billion USD, accounting for 89.5% of total export turnover (5 products with a turnover of over 10 billion USD, accounting for 58.7%), of which phones and their parts achieved the largest export turnover of 33 billion USD, accounting for 19.4% of total export turnover, rose by 4.3% over the same period last year; electronic goods, computers and their parts reached 21.9 billion USD, rose by 14.3%; textiles and garments reached 21.7 billion USD, rose by 9.8%; footwear reached 12 billion USD, rose by 13.1%; machinery, instrument and accessory reached 11.3 billion USD, rose by 5.8%; wood and wooden products reached 6.5 billion USD, rose by 15.4%; means of transport and spare parts reached 5.7 billion USD, rose by 7%. In 8 months, export turnovers of most of agricultural, forestry and fishery products decreased compared to the same period last year: Fishery products reached 5.4 billion USD, dropped 2.6%; fruits and vegetables reached 2.5 billion USD, dropped 6%; Although volume of cashew nuts, pepper and rice increased in comparison with the same period in 2018, due to the sharp decrease of the average export price, their export turnover decreased, of which cashew nuts reached 2.1 billion USD. decreased by 9.4% (volume increased by 15.8%), rice reached nearly 2 billion USD, decreased by 14.2% (volume increased by 0.1%), pepper reached 571 million USD, decreased by 2.1% (volume increased by 27.9%); especially, coffee products dropped sharply in both turnover and volume, its export turnover reached 2 billion USD, dropped 20% (volume decreased by 10.3%). Particularly, rubber gained 1.3 billion USD, rose by 7.2% (volume increased by 9.1%).

Regarding the export market of goods in the first 8 months of 2019, the United States was Vietnam’s largest export market with a turnover of 38.6 billion USD, rose by 25.3% over the same period last year; The following was the EU market with 27.7 billion USD, dropped 0.5%; China reached 23.8 billion USD, dropped 2.5%; ASEAN market reached 17.3 billion USD, rose by 3.6%; Japan reached 13.4 billion USD, rose by 9.9%; South Korea reached 12.6 billion USD, rose by 5.3%.

Import of goods

Import turnovers in July 2019 reached 22,936 million USD, 536 million USD higher than estimated figure, of which electronic goods, computers and their parts were 414 million USD higher; petroleum was 193 million USD higher; phones and their parts were 182 million USD higher; fabric was 42 million USD lower; metal was 46 million USD lower; auxiliary materials for textile and footwear were 74 million USD lower than estimated.

Import turnover in August was estimated at 22.8 billion USD, dropped 0.6% against the previous month, of which the domestic economic sector gained 9.3 billion USD, dropped 3.6%; FDI sector reached 13.5 billion USD, increasing by 1.6%. Import turnover of a number of products decreased compared to the previous month: Fabrics and auxiliary materials for textile, footwear decreased by 5%; iron and steel dropped 5.4%; automobile declined by 15.6%. Compared to the same period in 2018, import turnover of goods in August increased by 7.5%, of which the domestic economic sector increased by 19.1%; FDI sector increased by 0.8%. Import turnover of some products increased sharply over the same period last year: means of transport and spare parts increased by 620.4%; coal increased by 102.3%; electronic goods, computers and their parts rose by 22.2%; machinery, instrument and accessory increased by 15.5%.

Generally for 8 months of 2019, import turnover was estimated at 166.58 billion USD, rose by 8.5% over the same period in 2018, of which the domestic economic sector reached 70.43 billion USD, rose by 13.9%; FDI sector reached 96.15 billion USD, rose by 4.8%.

In 8 months, there were 33 imported products with a turnover of over 1 billion USD, accounting for 89.1% of total import turnover (2 products with a turnover of over 20 billion USD, accounting for 34.6%), of which import turnover of some products increased over the same period last year: electronic goods, computers and their parts reached 33.6 billion USD (accounting for 20.2% of total import turnover), rose by 21%; machinery, instrument and accessory reached 24 billion USD, rose by 12.9%; fabric reached 8.8 billion USD, rose by 4.8%; plastic reached 6 billion USD, rose by 2%; automobiles reached 4.9 billion USD, rose by 60.3%. In addition, import turnover of a number of products decreased compared to the same period in 2018: phones and their parts reached 8.7 billion USD, dropped 5.9%; iron and steel reached 6.4 billion USD, dropped 4.4%; metal was 4.2 billion USD, dropped 19%.

Regarding the import market of goods in 8 months of 2019, China remained the largest import market of Vietnam with a turnover of 49.2 billion USD, rose by 18.2% over the same period last year; The following was the Korean market with 31 billion USD, dropped 0.3%; ASEAN market reached 21.6 billion USD, rose by 4.6%; Japan reached 12.4 billion USD, rose by 0.6%; EU market reached 9.9 billion USD, rose by 11.8%; The United States reached 9.4 billion USD, rose by 9%.

The trade balance of goods in July witnessed a trade surplus of 43 million USD[11]; trade surplus of 7 months was 1.7 billion USD. Trade surplus in August was estimated at 1.7 billion USD. Generally for 8 months of 2019, the trade surplus was estimated at 3.4 billion USD[12] (in the same period last year, trade surplus was 4.9 billion USD), of which the domestic economic sector saw a trade deficit of 18.4 billion USD; FDI sector (including crude oil) saw a trade surplus of 21.8 billion USD.

           c) Consumer price index, gold price index and US dollar price index

In addition to the consistent application of flexible monetary policy to maintain the Government’s goal of macroeconomic stability, the prices of medical service and education service in the month were adjusted to increase in line with the roadmap to approach the market prices, the price of pork increased due to reduced supply, all these were the main factors that made the consumer price index in August 2019 increased by 0.28% over the previous month, the average price index of 8 months increased by 2.57% over the same period in 2018, this was the lowest 8-month average increase of price index in the past 3 years[13].

In the increase of 0.28% of the consumer price index (CPI) in August 2019 compared to the previous month, there were 8/11 groups of goods and services having increased price indexes, of which the group of medicine and health care services achieved the highest increase of 2.81% (medical service increased by 3.64%)[14]. The education group increased by 0.57% (education service increased by 0.54%) because some localities increased tuition fees for the new school year 2019-2020. Housing and construction materials increased by 0.33%, mainly due to the increase of 0.43% of the housing group; electricity price index increased by 0.33%; water price index increased by 0.28%. Food and catering services increased by 0.24%, of which the food group increased by 0.31%[15]; foodstuff increased by 0.29%[16]. Garment, hat and footwear group increased by 0.09%; household appliances increased by 0.05%; beverage and cigarette rose by 0.03%; other goods and services increased by 0.14%. Three groups witnessed a decrease in price index as follows: transport by 0.46%[17]; culture, entertainment and tourism by 0.06%; postal service and telecommunications by 0.05%.

Average CPI of 8 months in 2019 increased by 2.57% compared to the same period in 2018; CPI of August 2019 increased by 1.87% compared to December 2018 and by 2.26% over the same period last year.

Core inflation in August 2019 increased by 0.13% over the previous month and by 1.95% over the same period last year. Average core inflation in the first 8 months of 2019 increased by 1.9% compared to the same period in 2018.

Domestic gold price continued to increase according to the world gold price because there were geopolitical tensions in the Middle East, trade tensions between the US and China and the US dollar price fell because the US Federal Reserve decreased interest rates from July 31st, 2019. Average world gold price as of August 24th, 2019 increased by 5.46% compared to July 2019. Domestically, the gold price index in August 2019 increased by 4.61% over the previous month; an increase of 14.33% compared to December 2018 and an increase of 14.93% over the same period last year.

The US dollar price index in August 2019 decreased by 0.17% over the previous month; decreased by 0.38% compared to December 2018 and by 0.13% compared to the same period last year.

           d) Passenger and freight transport

The transport activities in the eight months of 2019 maintained a considerable increase compared to the same period last year, especially the roadway and airway transport activities, due to the large investment in road infrastructure and convenient connection between localities; on the other hand, airlines focused on hiring, buying new aircraft for production and business, as well as flexible ticket prices attracted customers to use the service; particularly, railway transport continued the downward trend in both passenger and freight transport.

Passenger transport in August was estimated at 433.4 million persons, increasing by 1.4% over the previous month and 21.1 billion persons.km, going up 1.9%. Generally for the 8 months of 2019, passenger transport reached 3,356.8 million persons, an increase of 10.4% over the same period last year and 155.9 billion persons.km, a rise of 9.8%, of which domestic passenger transport achieved 3,344 million persons, a growth of 10.5% and 120.6 billion persons.km, a spread of 11.5%; overseas passenger transport attained 12.8 million persons, an uptrend of 4% and 35.3 billion persons.km, an increase of 4.4%. Regarding type of transport, passenger transport by roadway reached 3,172.7 million persons, a rise of 10.7% over the same period last year and 106.4 billion persons.km, a build-up of 10.5%; by inland waterway reached 134.7 million persons, an increase of 5.7% and 2,634.1 million persons.km, an increase of 6.9%; by seaway attained 5.1 million persons, a rise of 5% and 304.1 million persons.km, an expansion of 5.5%; by airway reached 38.2 million persons, a growth of 9.5% and 44 billion persons.km, an increase of 9.3%; by railway transport reached only 6.1 million persons, a downturn of 4.5% and 2,542.2 million persons.km, a decrease of 6.1%.

Freight transport in August was estimated at 140.1 million tons, an increase of 0.4% over the previous month and 27.1 billion tons.km, a rise of 1.3%. Generally for the 8 months this year, freight transport reached 1,102.7 million tons, a spread of 8.8% over the same period last year and 210.5 billion tons.km, an increase of 7.4%, of which domestic freight transport reached 1,080.5 million tons, a rise of 8.9% and 118 billion tons.km, an increase of 10.6%; overseas freight transport reached 22.2 million tons, an upturn of 3.2% and 92.5 billion tons.km, a growth of 3.6%. By type of transport, freight transport by roadway in the 8 months reached 847.1 million tons, an increase of 10% against same period last year and 56.7 billion tons.km, a rise of 10.2%; by inland waterway achieved 198.4 million tons, an expansion of 5.3% and 41.5 billion tons.km, a rise of 6%; by seaway attained 53.6 million tons, an upturn of 5.1% and 109.3 billion tons.km, an increase of 6.9%; by airway got 285.7 thousand tons, a rise of 12.2% and 730.7 million tons.km, an increase of 12.8%; by railway reached only 3.3 million tons, a decrease of 11.3% and 2.4 billion tons.km, a downturn of 9.3%.

           e) International visitors to Viet Nam

International visitors to Viet nam in August continued the high rise of over 14% compared to the previous month and the same period last year, reaching more than 1.51 million visitors[18], generally for the 8 months this year this figure reached 11.3 million visitors, of which visitors from Asian countries accounted for the largest proportion and reached the highest growth rate.

International visitors to Vietnam in August were estimated at 1,512.4 thousand persons, increasing by 14.9% over the previous month and by 14.3% over the same period last year, of which the number of international visitors from Asia, Europe, America, Africa increased by 17.3%, 3.8%, 5.1%, and 6.8%, respectively; otherwise, international visitors from Oceania decreased by 7.3%. Generally for the 8 months this year, international visitors to Viet Nam were estimated at 11,309.2 thousand, increasing by 8.7% over same period last year, of which visitors came by airway, roadway reached 8,890.7 thousand persons (a rise of 5.6%), 2,246.7 thousand persons (an upturn of 24.9%), respectively; but the number of visitors came by seaway reached 171.8 thousand, a downturn of 6%.

In the 8 months, the number of international visitors from Asia reached 8,828.4 thousand persons, accounting for 78.1% of the total number of tourists coming to the country, a rise of 9.9% over the same period last year. Of which, visitors from China, South Korea, Japan, Taiwan (China), Malaysia, Thailand, and Singapore reached 3,372.3 thousand visitors (a decline of 0.9%), 2,801.1 thousand visitors (a rise of 22.5%), 620.7 thousand visitors (a spread of 13.7%), 596.4 thousand visitors (an upturn of 27.1%), 382.8 thousand visitors (a rise of 14.6%), 311 thousand visitors (an increase of 46.3%), 189.8 thousand visitors (a growth of 5.4%), respectively.

Visitors from Europe were estimated at 1,478.6 thousand visitors, increasing by 5.3% over the same period last year, of which: visitors from Russian Federation, United Kingdom, France, Germany achieved 436.8 thousand visitors, (a rise of 5.7%), 216.7 thousand visitors (an increase of 4.5%), 200.9 thousand visitors (an upturn of 0.9%), 149.7 thousand visitors (an increase of 5.6%), respectively. Visitors from the America reached 676 thousand, an upturn of 6.2% over the same period last year, of which visitors from the United States achieved 520.4 thousand visitors, a rise of 7.1%. Visitors from Oceania attained 296 thousand visitors, a decline of 1.5%, of which the number of visitors from Australia was 262.7 thousand visitors, a decline of 1.4%. Visitors from Africa reached 30.2 thousand visitors, a rise of 8.3% over the same period in 2018.

  1. SOCIAL ISSUES

       a) Food shortage among farmers

Food shortage among farmers in August was improved, with only 6 localities nationwide having reported hunger, with about 1 thousand households suffering from food shortage, down 66.2% over the same period in 2018, corresponding to 4.4 thousand people suffering from food shortage, down 64.3%. Generally, in 8 months, the whole country had 66.8 thousand of households suffering from food shortage, down 32.7% over the same period last year, corresponding to more than 270 thousand people suffering from food shortage, down 31.8%. In order to deal with food shortage situation, from the beginning of the year, all administrative authorities, sectors and organizations from central to local level supported these households with 3.9 thousand tons of rice.

       b) Epidemic diseases and food poisoning

In August, the situation of dengue fever continued to be complicated. The number of dengue fever cases increased sharply across the country with 49.1 thousand cases (11 deaths), nearly doubled the previous month; more than 4 thousand cases of hand, foot and mouth disease; 52 cases of viral meningitis; 4 cases of meningococcal disease; 1.8 thousand cases of hay fever like measles symptom, of which 502 cases of measles positive (1 death); 82 people suffered food poisoning. Generally, in 8 months, the country had 145.1 thousand cases of dengue fever (18 deaths); 26.9 thousand cases of hand, foot and mouth disease (2 deaths); 385 cases of viral meningitis (11 deaths); 17 cases of meningococcal disease (1 death); 32.8 thousand cases of hay fever like measles symptom, of which 6.1 thousand cases of measles positive (4 deaths) and 1,454 people with food poisoning (9 deaths).

The total number of alive HIV-infected persons over the country as of August 18, 2019 was 209.6 thousand and the number of cases turned to AIDS was 96.83 thousand; the number of people died of HIV/AIDS nationwide as of above time-point was 98.38 thousand.

         c) Traffic accidents

In the period from July 16 to August 15, there were 1,511 traffic accidents nationwide, including 810 traffic accidents of less serious or more and 701 traffic collisions, causing 629 deaths, 457 injuries and 669 minor injuries. Compared to the same period last year, the number of traffic accidents in August 2019 increased by 5.5% (the number of traffic accidents of less serious or more increased by 7% and the number of traffic collisions increased by 3.9%); the number of deaths decreased by 3.2%; the number of injured people increased by 16.9% and the number of minor injuries decreased by 4.8%. Notably, some serious traffic accidents occurred in the month as follows: the accident between a train and a car occurred on July 31 in Binh Thuan, causing 3 deaths; a passenger car accident happened on August 3 on Ho Chi Minh road, killing 4 people and injuring 1 person; a passenger car accident happened on August 18 in Binh Duong, injuring 10 people; the accident between 2 passenger cars on August 21 in Khanh Hoa caused 1 person died and 40 injured.

Generally, in 8 months, 11,331 traffic accidents occurred nationwide, including 6,020 traffic accidents of less serious or more and 5,311 traffic crashes, causing 5,096 people died, 3,242 people injured and 5,345 people slightly injured. Compared to the same period last year, the number of traffic accidents in 8 months decreased by 3.8% (the number of traffic accidents from less serious or more decreased by 1.1%; the number of traffic collisions decreased by 6.8%); the number of deaths decreased by 5%; the number of injured people decreased by 0.2% and the number of minor injuries decreased by 10.2%. On average, in 8 months, there were 47 traffic accidents a day nationwide, including 25 traffic accidents of less serious or more and 22 traffic crashes, killing 21 people, causing 13 wounded and 22 slightly injured.

          d) Damages caused by natural disasters

Natural disasters occurred in August 2019 were mainly storms, heavy rains, flash floods, floods, tornadoes and landslides in some localities, causing 41 deaths and missings and 30 injuries; 529 houses collapsed, swept away and more than 16,000 houses unroofed, flooded and damaged; 28 thousand hectares of rice and 4.8 thousand hectares of crops were damaged. According to preliminary reports from localities, the total loss caused by natural disasters in the month was estimated at nearly 2 trillion VND. Particularly storm No.3 occurred in the northern region caused 22 people died and missed; 13 people injured; 289 houses collapsed; nearly 10,000 houses flooded and damaged. The total loss caused by storm No. 3 was 1.2 trillion VND, of which Thanh Hoa was the locality that suffered the most with 16 deaths and missing; 6 people were injured; more than 1.2 thousand hectares of rice and crops were damaged; 1.7 thousand heads of cattle died; 94 houses were collapsed, swept away; 2.1 thousand houses were flooded and damaged, total loss was estimated at 864 billion VND. Generally for 8 months, natural disasters caused 75 people died and missed, 77 injured; 685 houses collapsed, swept away; more than 19 thousand houses were unroofed and damaged; 30 thousand hectares of rice and 6.8 thousand hectares of crops were damaged. The total loss caused by natural disasters in 8 months was estimated at 2.2 trillion VND.

        e) Fire and explosion prevention and environmental protection

In August, 1,022 environmental violations were found by authorities, including 945 cases with a total fine of 13.5 billion VND. Generally, in 8 months, 8,118 cases of environmental violations were detected in the whole country, of which 7,404 cases were handled with a total fine of 79.5 billion VND.

In August 2019, there were 316 fires and explosions in the whole country, killing 6 people and injuring 6 people, the damage was estimated at over 76 billion VND. Generally, in 8 months, there were 2,720 fires and explosions, killing 71 people and injuring 119 people, the damage was estimated at 858 billion VND./.

GENERAL STATISTICS OFFICE


[1] Some localities recorded a large decrease in summer-autumn rice area: Kien Giang decreased by 14.4 thousand hectares, of which 12.9 thousand hectares decreased due to changing crop structure from summer-autumn to autumn-winter; Tien Giang decreased by 11.9 thousand hectares, of which 2.7 thousand hectares were converted to annual crops and 8.3 thousand hectares were converted to fruit cultivation; Binh Thuan reduced by 4.7 thousand hectares, of which 2 thousand hectares stopped production to improve land, limit pests and diseases,  converted  1.9 thousand hectares of winter paddy to other annual crops.

[2] Number disposal of dead pigs in July was 883.7 thousand, in August (as of August 20) was 492.5 thousand.

[3] Locality which was not found African swine fever was Ninh Thuan.

[4] Source: National Enterprise Registration Information System, Business Registration Management Agency, Ministry of Planning and Investment.

[5] Compared to the same period last year, the number of enterprises decreased by 4.1%; the registered capital increased by 40.6%.

[6] In 8 months of 2018, the number of newly registered enterprises increased by 2.4% over the same period last year; the registered capital rose by 6.9%; the average registered capital per enterprise went up 4.3%.

[7] The rate of realized investment of the state budget in August compared to the yearly plan of the period of 2015-2019 was respectively: 9.6%; 8.9%; 8.4%; 8.5% and 8.8%. The rate of realized investment of the state budget in 8 months of the year compared to the yearly plan of the period of 2015-2019 was respectively: 62.8%; 56.5%; 53.6%; 51.8% and 53.1%.

[8] The growth rate of investment capital of the state budget in August compared to the same period previous year of 2015-2019 was 12.6%; 16.5%; 6.1%; 14.7% and 2019 là 5.5%, respectively The growth rate of investment capital of the state budget in 7 months of the year compared to the same period previous year of 2015-2019 was respectively: 7.3%; 12.7%; 6.4%; 10.4% and 3.8%.

[9] Number of newly granted projects in 8 months of years 2015-2019 was respectively 1,219; 1,619; 1,624; 1,918 and 2,406 projects. The realized foreign direct investment in the years 2015-2019 was: 9 billion USD; 9.8 billion USD; 10.3 billion USD; 11.3 billion USD; 12 billion USD.

[10] which was lower than the rate of 8 months in 2018 but higher than that of 8 months in 2015-2017. Growth rate of gross retail sales of consumer goods and services of 8 months in 2015-2019 compared to the same period previous was: 10.9%; 9.9%; 10.4%; 12.1%; 11.5% respectively.

[11]Trade surplus in July was estimated at 200 millionUSD.

[12] Particularly, the trade surplus to the EU reached 17.8 billion USD, dropped 6.3% over the same period last year; trade deficit from China 25.4 billion USD, rose by 47.5%; trade deficit from South Korea was 18.4 billion USD, dropped 3.8%; trade deficit from ASEAN was 4.3 billion USD, rose by 8.6%.

[13] Average CPI growth rate in 8 months of 2017, 2018, 2019 compared to the same period last year were: 3.84%; 3.52% and 2.57%, respectively.

[14] Health care service prices increased in accordance with Circular No. 13/2019/TT-BYT dated July 5th, 2019 and Circular No. 37/2018/TT-BYT dated November 30th, 2018, making the overall CPI increase by 0.14%.

[15] Because the rice price index increased by 0.31%; price index of wheat flour and other cereal flour increased by 1.65% (maize price rose by 0.86%; potato price increased by 3.06%; cassava price increased by 1.03%).

[16] Mainly due to the impact of African swine cholera, the supply of pork was reduced, making pork price increase by 0.89% over the previous month and the overall CPI increase by 0.04%, at the same time making the price of processed products from pork increase: the price of roasted meat, sausages increased by 0.36%; prices of canned and other processed meat increased by 0.01%.

[17] Due to the impact of two downward adjustments of petroleum and oil price on August 1st, 2019 and August 16th, 2019, the price of petroleum and oil decreased by 1.06% (making the general CPI decrease by 0.04%).

[18] This is the third month since the beginning of the year that the number of international visitors to Viet Nam reached over 1.5 million visitors (January: 1.50 million visitors, February: 1.59 million visitors, August: 1.51 million visitors).