1. Agriculture, forestry and fishery

      a) Agriculture

Agricultural production in the month focused on paddy farming, tending summer-autumn and harvesting early summer-autumn paddy. As of July 15, the country cultivated 1,056.3 thousand hectares of winter paddy, an equal to 105.9%, in comparison with that of over the same period last year, of which localities in the North cultivated 897.2 thousand hectares, an equal to 105.5%, Red River Delta cultivated 423.6 thousand hectares, an equal to 103.7%; Southern provinces cultivated 159.1 thousand hectares, an equal to 108.6%. Progress of winter paddy cultivation this year recorded faster in comparison with that of over the same period last year mainly due to favorable weather conditions. So far, northern localities basically completed the cultivation. Southern provinces, especially in the Central Highlands were not affected by the drought, so seeding ensured crop calendar.

As of middle of July, the country cultivated 2,096.2 thousand hectares of summer-autumn paddy, an equal to 100.1%, in comparison with that of over the same period last year, of which Northern provinces reached 173.3 thousand hectares, an equal to 104%; Southern provinces reached 1,923 thousand hectares, an equal to 99.8%, particularly, Mekong River Delta reached 1,649.2 thousand hectares, an equal to 98.7%. Some localities recorded a decline in seeding area, in comparison with that of over the same period last year: Kien Giang by 8.6 thousand hectares; Soc Trang by 6.5 thousand hectares; An Giang by 6.3 thousand hectares. Currently, early summer-autumn paddy harvested with an area of ​​625.5 thousand hectares, an equal to 95.8%, in comparison with that of over the same period last year, of which Mekong River Delta reached 612.6 thousand hectares, occupied by 37.1 % of seeding area and an equal to 94.8%.

As of the same period, Mekong River Delta sowed 340.8 thousand hectares of autumn-winter paddy, an equal to 95.5%, in comparison with that of over the same period last year. Winter-autumn paddy in Mekong Delta recorded a good growth.

Cultivation of vegetables in the summer-autumn crop generally increased, in comparison with that of over the same period last year because it was not affected by drought. As of mid-July, localities in the nationwide cultivated 859.2 thousand hectares of maize, an equal to 102.9%, in comparison with that of over the same period last year; sweet potatoes reached 101.3 thousand hectares, an equal to 106.6%; soybeans reached 55.4 thousand hectares, an equal to 101.7%; peanuts reached 173 thousand hectares, an equal to 104%; especially vegetables and beans reached 850.4 thousand hectares, an equal to 98.6%.

In first months of the year, pig farming faced difficulties in consumption, price of pig living weight fell sharply due to oversupply. In recent days, there was a growth of pig living weight price fluctuated at 42,000-45,000 VND / kg, at this price producer initially made profits. Pig population of the country in July was estimated to decrease by 3.3%, in comparison with that of over the same period last year; buffalo population fell 0.8%; cattle increased by 2.2%; poultry by 5%. As of July 27, 2017, the country no longer recorded epidemic on cattle and poultry.

         b) Forestry

In July, concentrated forests area was estimated at 19.2 thousand hectares, a rise of 8.5%, in comparison with that of over the same period last year; number of scattered trees reached 14.1 million, an increase of 0.7%; wood production reached 840 thousand m3, a growth of 5.7%; firewood production reached 2.2 million ste, an increase of 0.5%. In the month, some localities recorded high quantity of wood cut, in comparison with that of over the same period last year: Thanh Hoa reached 52.4 thousand m3, by 7.2%; Thua Thien – Hue  reached 50.9 thousand m3, by 9.8%; Bac Giang reached 46.4 thousand m3, by 10.2%; Nghe An reached 39.9 thousand m3, by 24.2%. Generally in 7 months, area of ​​concentrated forests was estimated at 119.7 thousand hectares, a growth of 5.7%, in comparison with that of over the same period last year; number of dispersed trees reached 69.3 million, a rise of 0.9%; wood cut production reached 5,625 thousand m3, an increase of 6.8%; production of firewood reached 16.3 million ste, a decrease of 0.6%.

Although forest protection and forest fire prevention measures were implemented, due to hot weather in late of June, forest fires still occurred in some localities such as Lang Son, Binh Dinh and Ha Giang. Generally in 7 months, area of damaged forest was 1,161 hectares, a decline of 55.3%, in comparison with that of over the same period last year, of which area of forest fire was 446 hectares, a decline of 77.2%; ​​deforested area recorded 715 hectares, an increase of 11%.

        c) Fishery

In July, production of fishery in the country was estimated at 677.4 thousand tons, a growth of 5.2%, in comparison with that of over the same period last year, of which fish reached 494.6 thousand tons, an increase of 3.8%; shrimp reached 91.8 thousand tons, by 13.3%.

Aquaculture production in the month was estimated at 388.4 thousand tons, rose by 5.2%, in comparison with that of over the same period last year, of which fish reached 277.6 thousand tons, by 3%; shrimp reached 277.2 thousand tons, by 15.1%. Pegasus production was estimated at 90.5 thousand tons, by 2%, in comparison with that of over the same period last year, of which Dong Thap reached 34.5 thousand tons, An Giang reached 18.3 thousand tons, Can Tho reached 14.5 thousand tons. Brackish shrimp farming recorded good in price and consumption market. Production of tiger shrimp reached 19.3 thousand tons, an increase of 7.8%, in comparison with that of over the same period last year; of which Ca Mau reached 7 thousand tons, by 12.9%; Kien Giang reached 5.9 thousand tons, by 59.4%; Bac Lieu reached 5.1 thousand tons, by of 14.9%. Production of white leg shrimp reached 52.2 thousand tons, an increase of 26.1%, in comparison with that of over the same period last year, of which Ca Mau reached 6.7 thousand tons, by 42.6%; Tra Vinh reached 6.3 thousand tons, by 60%; Ben Tre reached 2.8 thousand tons, by 85%.  Catching production in July was estimated at 289 thousand tons, an increase of 4.9%, in comparison with that of over the same period last year, of which marine catching was estimated at 273.8 thousand tons, by 5.2%.

Generally in 7 months of 2017, fisheries production was estimated at 4,006.2 thousand tons, an increase of 4.4%, in comparison with that of over the same period last year, of which aquaculture production reached 2,056.6 thousand tons, an increase of 4.7%.

  1. Industrial production

The index of industrial production (IIP) in July was estimated to increase by 8.1% over the same period last year, of which the mining and quarrying activities fell 3.5%; the manufacturing activities increased by 11.3%; the production and distribution of electricity went up 12.2%; the water supply, sewerage, waste management and remediation activities grew 10%.

Generally for 7 months of 2017, the IIP increased by 6.5% over the same period last year; lower than the increase of 7.2% in the same period of 2016[1] but higher than the increase of 6.3% in the first 6 months of this year. In industrial activities, the IIP of the manufacturing, the production and distribution of electricity, the water supply, sewerage, waste management and remediation activities increased by 10.6%, 9%, 7.2%, respectively, which contributing 7.45 percentage points, 0.61 percentage points, 0.08 percentage points to the overall IIP, respectively; particularly, the mining and quarrying decreased by 7.5%, causing a fall of 1.64 percentage points in the overall IIP.

In the 2-digit industrial activities, the IIP of some industrial activities in 7 months remarkably increased over the same period last year, such as the manufacture of basic metal (34.5%); the manufacture of electronic, computer and optical products (15.2%); the manufacture of fabricated metal products (except machinery and equipment) (11.5%); the manufacture of paper and paper products (10.4%); the manufacture of rubber and plastic products (10%). Some industrial activities experienced a moderate increase, specifically: the manufacture of food products and the manufacture of motor vehicles (6.4%); the manufacture of leather and related products (6%); the manufacture of pharmaceuticals, medicinal chemical and botanical products (4.3%); the extraction of hard coal and lignite (3.4%); the manufacture of tobacco products (0.2%). Only the IIP of the extraction of crude oil and natural gas fell 10.8%.

In the first 7 months of this year, some main industrial products increased sharply over the same period last year, for instance: Television (36.6%); rolled steel (25.2%); iron and crude steel (24.4%); fabrics from natural yarn (20.4%); urea fertilizer (15.2%); powder milk (12.6%); NPK mixed fertilizer (10.3%). Several products moderately decreased, e.g.: cement (9.7%); sodium glutamate (8.5%); aquatic feed (8.4%); electricity (8.2%). Some products increased slightly: motorcycles (4.7%); coal (4.2%); mobile phones (0.6%). A number of products saw a decrease, including: assembled cars (0.7%); natural gas (8.3%); extracted crude oil (11.5%); liquefied petroleum gas (14.3%).

Some localities with large share of the industry sector in 7 months showed an increase in the IIP compared to the same period last year, for example: Thai Nguyen (21%); Hai Phong (20.5%); Bac Ninh (13%); Da Nang (10.6%); Hai Duong (9.9%); Binh Duong (8.7%); Dong Nai (8.1%); Ho Chi Minh City (7.5%); Quang Ninh (7.3%); Can Tho (6.2%); Ha Noi (6.1%); Vinh Phuc (5.2%). Otherwise, the IIP of Ba Ria – Vung Tau decreased by 0.2%.

The index of industrial shipment (IIS) of the manufacturing activities in June 2017 increased by 3.2% over the previous month and by 10.5% over the same period last year. Generally for 6 months of the year, the IIS of the manufacturing increased by 8.4% over the same period in 2016, of which some industrial activities saw a significant increase: some industrial activities saw a high increase (15.1%); production of other transport vehicles by 13%; production of rubber and plastic products by 10.4%; leather and related products increased by 10.2%; production of products from prefabricated metals (except machinery and equipment) increased by 9.8%; the manufacture of motor vehicles (9.4%); the manufacture of electrical equipment (9.4%). Some industrial activities experienced a modest increase of the IIS, including: the manufacture of beverages (5.4%); the manufacture of chemicals and chemical products (4.8%); the manufacture of textile (2.3%); the manufacture of electronic, computer and optical products (1.3%). The IIS of the manufacture of food products fell 0.4%.

The index of industrial inventory of the manufacturing as of 1st July, 2017 increased by 10.4% compared to the same period last year, of which some industrial activities showed had lower rise compared to the average increase of the index of industrial inventory: the manufacture of food products (5.8%); the manufacture of weaving apparel (5.1%); the manufacture of chemicals and chemical products (2.9%); the manufacture of paper and paper products (1.3%); the manufacture of textile (1.1%); various industrial activities witnessed a decrease in the index of industrial inventory, including the manufacture of leather and related products (18.9%); the manufacture of tobacco products (21.3%); the manufacture of other transport equipment (mainly shipbuilding) (40.4%). Some industrial activities possessed a remarkable increase in the index of industrial inventory compared to the average increase: the manufacture of beverages (61.6%); the manufacture of basic metals (53%); the manufacture of electrical equipment (41.8%); the manufacture of other non-metallic mineral products (mainly cement) (34.4%); the manufacture of electronic, computer and optical products (32.3%); the manufacture of motor vehicles (25.5%).

The average index of industrial inventory of the manufacturing in the first 6 months of 2017 was 71.1%, of which some industrial activities had high index of industrial inventory: the manufacture of chemicals and chemical products (113.6%); the manufacture of fabricated metal products (except machinery and equipment) (104.6%); the manufacture of chemicals and chemical products (95.9%); the manufacture of food products (92.8%).

The number of employees working in industrial enterprises as of 1st July, 2017 increased by 3.9% compared to the same period last year, of which the number of employees in state-owned enterprises decreased by 2.2%; in non-state enterprises increased 0.6%; in FDI enterprises increased by 7.1%. At the same time, the number of employees working in the mining and quarrying decreased by 0.3% compared to the same period last year; in the manufacturing increased by 4.4%; in the production and distribution electricity decreased by 1.3%; in the water supply, sewerage, waste management and remediation activities decreased by 0.6%.

Some large-shared industrial provinces witnessed an increase in the number of employees working in enterprises as of 1st July, 2017 compared with the same period last year, e.g.: Bac Ninh (25.1%); Vinh Phuc (13.4%); Binh Duong (7.8%); Hai Phong (7.3%); Thai Nguyen (5.8%); Hai Duong (5.1%); Dong Nai (3%); Da Nang (1.3%); Quang Ninh (1.2%); Ho Chi Minh City (0.4%). However, the number of employees working in enterprises in Ha Noi and Ba Ria – Vung Tau decreased by 2.8%, and 6.6%, respectively.

  1. The situation of business registration[2]

In July, there were 11,677 newly established enterprises with a registered capital of 94.5 trillion VND, an increase of 8.7% in number of enterprises and a decrease of 14.5% in registered capital compared to the previous month[3]; the average registered capital of an enterprise reached 8.1 billion VND, a reduction of 21.3%; The total number of registered employees in the month of new established enterprises was 93.5 thousand persons, a downturn of 11.5%.

In July, there were 2,123 re-operated enterprises, a rise of 10.5% over the previous month; 5,697 temporarily ceased enterprises (including: 1,887 enterprises ceased for a certain period of time and 3,810 enterprises temporarily ceased without registration and awaited dissolution), declining by 11%; 1,165 enterprises completed dissolution procedures, rising by 53.7%.

Generally for 7 months, there were 72,953 newly registered enterprises with a total registered capital of 690.7 trillion VND, an increase of 13.8% in number of enterprises and 39% in registered capital compared the same period in 2016; the average registered capital of a newly established enterprise reached 9.5 billion VND, an increase of 22.2%[4]. If including 979.8 trillion VND of nearly 21.4 thousand enterprises that showed upward adjustment of capital, the total added registered capital in the economy in 7 months of 2017 was 1,670.5 trillion VND. In addition, there were 17,549 re-operated enterprises, an upturn of 5% over the same period last year, bringing the total number of newly registered enterprises and re-operated enterprises in 7 months to over 90.5 thousand enterprises. The total number of registered employees of newly established enterprises in 7 months was 720.8 thousand persons, a cut down of 3.2% compared to the same period last year.

By major economic activities, in 7 months of 2017, there were 25.9 thousand newly established enterprises in the wholesale and retail (accounting for 35.5% of the total number of newly established enterprises), a growth of 14.1% over with the same period last year; 9.6 thousand construction enterprises (accounting for 13.2%), up 10.3%; 9.5 thousand manufacturing enterprises (making up 13%), up 9%; 5.5 thousand  enterprises in the science, technology, consultation service, designing, advertisement and others (sharing 7.6%), rose up 10.3%; 3.8 thousand enterprises in the employment services, travelling, renting and leasing of machinery, equipment and other support services (representing 5.2%), an upturn of 22.2%; 3.5 thousand enterprises in the accommodation and catering services (constituting 4.8%), up 15%; 2.7 thousand enterprises real estate activities (accounting for 3.7%), rising by 68%; 1.9 thousand enterprises in the education and training (representing 2.6%), jumping up 29.2% …

In the first 7 months of this year, the number of newly established enterprises in economic regions increased compared to the same period last year. Of which: the South East had 30.6 thousand enterprises, an increase of 11.9% (registered capital of 349.4 trillion VND, a surge 58.3%); Red River Delta had 22.3 thousand enterprises, up 15.4% (registered capital 167.1 trillion VND, up 15%); North Central and Central Coastal areas had 9.9 thousand enterprises, going up by 10.9% (registered capital of 88.1 trillion VND, up 73.2%); Mekong River Delta 5.2 thousand enterprises, edging up by 14.1% (registered capital of 38.4 trillion VND, a drop of 14.9%); Northern Midlands and Mountains areas had 3.1 thousand enterprises, climbing by 26.5% (registered capital of 33.1 trillion VND, up 34.7%); Central Highlands had 1.9 thousand enterprises, spreading 21.3% (registered capital of 14.6 trillion, up 41.2%).

Number of enterprises completed dissolution procedures in 7 months of 2017 was 6,608 enterprises, went up 2.9% compared to the same period last year (the same period in 2016 increased by 17.7%), of which 6,104 enterprises with capital size of less than 10 billion VND, accounting for 92.4%. By kinds of enterprise, Out of total number of enterprises completed dissolution procedures, there were 2,705 one-member limited liability companies (accounting for 40.9%); 1,936 two-member limited liability companies (accounting for 29.3%); 1,116 private enterprises (accounting for 16.9%) and 851 joint stock companies (accounting for 12.9%).

Number of temporarily ceased enterprises in 7 months was 43,274 enterprises, a growth of 19.5% over the same period last year, including 15,866 enterprises ceased for a certain period of time, up 16.2% and 27,408 enterprises temporarily ceased without registration or awaited dissolution, increasing by 21.5%. Out of total number of enterprises ceased for a certain period of time, there were 6,639 one-member limited liability companies (accounting for 41.8%); 5,023 two-member limited liability companies (making up 31.7%); 2,700 joint stock companies (sharing 17%); 1,502 private enterprises (sharing 9.5%) and 2 partnership companies. For enterprises temporarily ceased without registration or awaited dissolution, there were 12,093 one-member limited liability companies (representing 44.1%); 8,073 two-member limited liability companies (constituting 29.5%); 5,362 joint stock companies (accounting for 19.5%) and 1,880 private enterprises (making up 6.9%).

  1. Investment

The realized investment of the State budget in July was estimated at 25,679.1 billion VND, including: the central capital was 5.934 billion VND; the local capital was 19,745.1 billion VND. Generally for 7 months of this year, the implemented investment of the State budget reached 140.2 trillion VND, equaling 47.2% of the year plan and a rise of 7.3% over the same period in 2016, including:

– The capital under central management recorded 31.8 trillion VND, equaling 45.2% of the yearly plan and increasing by 5.7% compared to the same period last year, of which the realized investment of the Ministry of Transportation reached 17.2 trillion VND, equaling 54.5% and increasing by 46.1%; Ministry of Agriculture and Rural Development 2,361 billion VND, equaling 40.3% and decreasing by 28.7%; Ministry of Health 2,126 billion VND, equaling 41.4% and rising 36.5%; Ministry of Education and Training 337 billion VND, equaling 47.3% and decreasing by 65.7%; Ministry of Construction 284 billion VND, equaling 58.7% and falling 42.6%; Ministry of Culture, Sports and Tourism 241 billion VND, equaling 41% and decreasing by 13.4%; Ministry of Natural Resources and Environment 235 billion VND, equaling 40.1% and reducing 33.4%; Ministry of Industry and Trade 122 billion VND, equaling 50.1% and falling 46%; Ministry of Information and Communications 42 billion VND, equaling 43.8% and going down 33.3%; Ministry of Science and Technology 42 billion VND, comprising 44.2% and a decrease of 65.3%.

– The capital under local management achieved 108.4 trillion VND, equaling 47.8% of the yearly plan and a rise of 7.8% compared to the same period in 2016. Of which, the state budget capital at provincial level witnessed  74.8 trillion VND, equaling 44.9% and increasing by 4.8%; the state budget capital at district level reached 28 trillion VND, equaling 54.5% and increasing by 15.7%; the state budget capital at commune level achieved 5,660 billion VND, equaling 65.3% and going up 11.6%. The realized investment from the State budget of some provinces and cities directly under the Central Government was as follows: Ha Noi reached 17.3 trillion VND, equaling 53.4% ​​of the yearly plan and an increase of 2.8% compared to with the same period last year; Ho Chi Minh City 9.636 billion VND, equaling 28.3% and increasing by 6.6%; Nghe An 3,538 billion VND, equaling 54.8% and jumping up 16.3%; Quang Ninh 3,175 billion VND, equaling 43.4% and expanding 20.3%; Binh Duong 3,104 billion VND, equaling 43. 4% and increasing by 13.3%; Vinh Phuc 3,032 billion VND, equaling 50.6% and increasing by 18.8%; Thanh Hoa 2,633 billion VND, equaling 55.1% and rising 9%; Can Tho VND 2,400 billion, equaling 76% and spreading 20%.

Generally, the realized investment from the State budget in July was higher than the previous month and the same period last year, but the disbursement and implementation of State budget in the first 7 months of this year were remained slowly. Ministries, line-ministries and localities should continue to focus on implementing solutions to overcome difficulties, speed up progress of disbursement and complete the plan.

Foreign direct investment from the beginning of the year to July 20th, 2017 attracted 1,378 newly licensed projects with a registered capital of 12.9 billion USD, a decreased of 2.1% in number of projects and an increase of 48.7% of registered capital compared to the same period in 2016. Besides, 677 projects which were licensed in the previous year registered to adjust investment capital with an additional capital of 5.9 billion USD, an increase of 38.5% compared to the same period last year, bringing the total newly registered capital and additional capital in 7 months of 2017 to 18.8 billion USD, a rise of 45.3% over the same period in 2016.

In 7 months of 2017, there were 2,946 turns of capital contribution and share purchase of foreign investors with a total value of 3.1 billion USD. Thus, the total registered capital of new projects, additional capital and capital contribution and share purchase in 7 months reached 21.9 billion USD, an increase of 52% ​​over the same period last year. The realized FDI in 7 months was estimated at 9.1 billion USD, a rise of 5.8% compared to the same period in 2016.

In 7 months, the electricity, gas, steam and air conditioning supply  attracted the most foreign direct investment with the registered capital of newly licensed projects reaching 5.3 billion USD, accounting for 40.7% of total newly registered capital; the manufacturing activity reached 4.5 billion USD, making up 35.2%; the other sectors gained 3.1 billion USD, comprising 24.1%. If including additional registered capital of projects licensed from previous years and capital contribution, share purchase, total foreign direct investment in manufacturing activity in the first 7 months of this year recorded 10, 8 billion USD, representing 49.4% of the total registered capital; the electricity, gas, steam and air conditioning supply recorded 5.3 billion USD, making up 24%; the other sectors achieved 5.8 billion USD, sharing 26.6%.

In the whole country, there are 53 provinces and cities directly under the Central Government having newly licensed foreign direct investment projects in the first 7 months of this year, of which Thanh Hoa had the largest registered capital with 3,054.5 million USD. accounting for 23.6% of the total newly registered capital; followed by Nam Dinh with 2.125.9 million USD, making up 16.4%; Kien Giang 1,337.8 million USD, sharing 10.3%; Binh Duong 1,043.3 million USD, accounting for 8.1%; Ho Chi Minh City 744.1 million USD, comprising 5.8%; Tay Ninh 694.2 million USD, representing 5.4%; Ha Noi 582.4 million USD, sharing 4.5%; Bac Giang 515.6 million USD, accounting for 4%; Dong Nai 297.6 million USD, making up 2.3%; Binh Phuoc 282.9 million USD, comprising 2.2%.

Among the 62 countries and territories with newly licensed investment projects in Vietnam in 7 months, Japan ranked the top with 4,808.3 million USD, accounting for 37.2% of the total newly registered capital; followed by Singapore with 2,815.7 million USD, making up 21.8%; South Korea 1,937.5 million USD, comprising 15%; China 1,221.3 million USD, sharing 9.4%; Hong Kong Special Administrative Region (China) 552.1 million USD, representing 4.3%; Germany 322.3 million USD, making up 2.5%.

  1. State budget revenue and expenditure

Total state budget revenue from the beginning of the year to July 15th, 2017 was estimated at 584.6 trillion VND, equaling 48.2% of the yearly estimate, of which domestic revenue was 462.6 trillion VND, equaling 46.7%; revenue from crude oil recorded 24.6 trillion VND, equaling 64.1%; budget balance revenue from import and export was 96.1 trillion VND, equaling 53.4%. In domestic revenue, revenue from land use fees gained 56 trillion VND, equaling 87.9% of the yearly estimate; personal income tax was 43.8 trillion VND, equaling 54.1%; taxes on trade and non-state services achieved 90.5 trillion VND, equaling 46.6%; environmental protection tax was 20.4 trillion VND, equaling 45.1%; tax on FDI enterprises (excluding crude oil) gained 84.2 trillion VND, equaling 41.9%; tax on the state-owned enterprises was 95 trillion VND, equaling 33.2%.

Total state budget expenditure from the beginning of the year to July 15th, 2017 was estimated at 646.4 trillion VND, equaling 46.5% of the yearly estimate, of which recurrent expenditures reached 474 trillion VND, equaling 52.9%; interest payment was 60.1 trillion VND, equaling 60.8%; Particularly, expenditures for new investment and development reached 110.4 trillion VND, equaling 30.9% of the yearly estimate. Principal payment from the beginning of the year to July 15, 2017 was estimated at 110 trillion VND, equaling 67.1% of the yearly estimate.

  1. Trade, prices, transportation and tourism

      a. Gross retail sales of goods and services

Gross retail sales of consumer goods and services in July were estimated at 327.6 trillion VND, up 1.2% over the previous month and up 10.3% over the same period last year, of which: retail sales of goods reached 244.3 trillion VND, up 1.2% and up 10%; revenue from accommodation and catering services reached 41.5 trillion VND, up 2.2% and up 11.3%; tourism and traveling revenue reached 3.4 trillion VND, up 2.4% and up 15.1%; revenue from other services reached 38.4 trillion VND, decreased by 0.4% and increased by 10.4%

Generally for 7 months, gross retail sales of consumer goods and services reached 2,248.9 trillion VND, an increase of 10% compared to the same period last year, if excluding price factor, gaining an increase of 8.7% (higher than the increase of 8.4% in the same period in 2016). By economic activities, retail sales of goods in 7 months were estimated at 1,685.6 trillion VND, accounting for 74.9% of the total and increasing by 10% over the same period last year, of which food and foodstuff increased by 10.7%; garments increased by 9.6%; household appliances, tools and equipment increased by 8.9%; vehicles expanded by 7.8%; cultural and educational items rose 4.8%.

Revenue from accommodation and catering services in 7 months was estimated at 278.6 trillion VND, accounting for 12.4% of the total and increasing by 11.6% over the same period last year (higher than the rate 8.8% increase of the same period in 2016) because the number of foreign and domestic tourists increased significantly and eating out services were no longer affected by the marine environment pollution occurrence in 4 provinces in the Central in 2016. Some provinces achieved a good increase in revenue, as follows: Binh Dinh by 20.7%; Dong Nai by 15%; Thanh Hoa by 13.9%; Hanoi by 10.1%; and Ho Chi Minh City 7.2%.

Revenue from travelling and tourism services in 7 months was estimated at 19.8 trillion VND, accounting for 0.9% of the total and increasing by 9.5% over the same period last year, of which revenue of Tien Giang increased by 16.2%; Ba Ria – Vung Tau increased by 12.5%; Hai Phong expanded by 11.5%; Ho Chi Minh City rose by 9.5%; Hanoi increased by 8%; meanwhile some provinces witnessed a decrease such as: An Giang by 7.6%; Thai Binh by 4.4%; Kien Giang by 4.4%; Nam Dinh by 3.3%; Da Nang by 2.3%

Revenue from other service in 7 months was estimated at VND 264.8 trillion, accounting for 11.8% of the total and increasing by 8.4% over the same period last year, of which revenue of some provinces increased as follows: Binh Dinh by 19.3%; Thanh Hoa by 18.0%; Khanh Hoa by 14.9%; Hai Phong by 11.6%; Vinh Phuc by 10.7%; Ho Chi Minh City by 8.8%; and Hanoi by 5.7%.

        b. Export, import of goods

Export turnover of goods in June 2017 reached 17,795 million USD, 5 million USD lower than the estimated figure. Export turnover in July was estimated at 17.50 billion USD, went down by 1.7% over the previous month, of which the domestic economic sector reached 4.90 billion USD, edged down by 3.2%; FDI sector (including crude oil) gained 12.60 billion USD, fell by 1%. Export turnover of some products decreased compared to the previous month: Crude oil dropped 23.5%; wood and wooden products declined by 5.2%; phones and their parts decreased by 4%; footwear decreased by 3.1%; machinery, instrument and accessory edged down by 2.7%. Compared to the same period last year, export turnover in July increased by 17.9%, of which the domestic economic sector climbed up by 13.1%; FDI sector (including crude oil) rose by 19.9%.

Generally for 7 months, export turnover was estimated at 115.2 billion USD, went up by 18.7% over the same period in 2016, of which the domestic economic sector was 32.2 billion USD, edged up by 14, 6%; FDI sector (including crude oil) attained 83.0 billion USD, grew by 20.3%. Export turnover of some main products continued to increase over the same period last year: Phones and their parts reached 22.6 billion USD, climbed up by 15%; textile gained 14.2 billion USD, increased by 8.1%; electronic goods, computers and their parts reached 13.6 billion USD, jumped up 43.3%; footwear reached 8.4 billion USD, went up by 12.9%; machinery, instrument and accessory attained 6.9 billion USD, surged up by 29.5%; fishery products reached 4.3 billion USD, grew by 18.1%; wood and wooden products reached 4.3 billion USD, rose by 12.4%; means of transport and spare parts gained 4 billion USD, climbed up by 20%; coffee attained 2.1 billion USD, increased by 8.3% (volume decreased by 16%); vegetables and fruits made up 2 billion USD, soared by 44.4%; crude oil reached 1.8 billion USD, climbed up by 36.1% (volume increased by 12.3%). Export turnover of some products decreased compared to the same period last year: Pepper reached 803 million USD, declined by 18% (volume increased by 21.1%); cassava and cassava products attained 569 million USD, went down by 7.5% (volume decreased by 0.3%).

Regarding the exported goods market, the United States was still the largest export market of Vietnam with 7-month turnover of 23.4 billion USD, climbed up by 9.9% over the same period last year; the following was EU with 21.5 billion USD, rose by 12.8%; China made up 15.5 billion USD, soared by 42.6%; ASEAN attained 12.3 billion USD, grew by 27.1%; Japan reached 9.6 billion USD, went up by 20.6%; South Korea gained 7.6 billion USD, jumped up by 26.4%.

Import turnover in June 2017 reached 18,087 million USD, 87 million USD higher than the estimated figure. Import turnover in July was estimated at 17.8 billion USD, went down by 1.6% over the previous month, of which the domestic economic sector gained 7.1 billion USD, edged down by 2.2%; FDI sector gained 10.7 billion USD, and dropped 1.2%. Compared to the same period last year, import turnover in July increased by 23.5%, of which the domestic economic sector jumped up by 20%; FDI sector increased by 26%.

Generally for 7 months, import turnover was estimated at 118.3 billion USD, went up by 24% over the same period last year, of which the domestic economic sector reached 46.9 billion USD, rose by 18.4%; FDI sector gained 71.4 billion USD, and grew by 28.1%. Import turnover of some products for production increased highly compared to the same period last year: machinery, instrument and accessory reached 21.4 billion USD, jumped up by 37.4%; electronic goods, computers and their parts gained 19.2 billion USD, went up by 27.4%; phones and their parts made up 7.3 billion USD, soared by 30.6%; fabric reached 6.5 billion USD, went up by 9.2%; iron and steel attained 5.2 billion USD, climbed up by 16.7% (volume decreased by 18.6%); plastics reached 4.1 billion USD, rose by 24.4% (volume grew by 15.2%); petroleum gained 3.9 billion USD, jumped up by 32.3% (volume increased by 4%); metals reached 3.1 billion USD, augmented by 20% (volume edged down by 13.4%); plastic products attained 2.9 billion USD, climbed up by 21.5%; chemical products made up 2.5 billion USD, jumped up by 19.4%; chemicals reached 2.3 billion USD, rose by 32.6%; animal feed and raw materials gained 2.1 billion USD, went up by 11.8%.

In terms of import market in 7 months, China was still the largest import market of Vietnam with a turnover of 31.7 billion USD, climbed up by 15.8% compared to the same period in 2016; the following was South Korea with 26.7 billion USD, surged up by 50.8%[5]; ASEAN attained 16 billion USD, jumped up by 19.7%; Japan reached 9.2 billion USD, rose by 11.6%; EU made up 6.8 billion USD, grew by 14.8%; United States reached 5.5 billion USD, went up by 22.7%.

Trade balance in June witnessed a trade deficit of 292 million USD; July trade deficit was estimated at 300 million USD. Generally for 7 months of 2017, the trade deficit was 3.08 billion USD, equaled to 2.7% of the total export turnover, of which the domestic economic sector saw a trade deficit of 14.77 billion USD; FDI sector (including crude oil) witnessed an export surplus of 11.69 billion USD.

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

Consumer price index (CPI) in July 2017 increased by 0.11% over the previous month. Among 11 main commodity and service groups, July price index of 8 groups increased compared to the previous month, of which food and catering services rose by 0.54% (food decreased by 0.08%[6]; foodstuff grew by 0.87%[7]); medicine and health care services rose by 0.36% (health care services went up by 0.46%); household appliances augmented by 0.09%; education edged up by 0.05%; beverage, cigarettes and garments, hats and footwear increased by 0.04%; housing and construction materials rose by 0.03%; other goods and services grew by 0.73%. Price indexes of some goods and services groups decreased: Transport declined by 1.52%, because the adjustment of petroleum and oil prices as of 05/7/2017 caused a decrease of 3.16% in fuel prices (a decline of 0.14% in the overall CPI); postal services and telecommunications dropped 0.06%; culture, entertainment and tourism fell by 0.03%.

Average consumer price index in 7 months of 2017 increased by 3.91% compared to the same period in 2016. CPI in July 2017 rose by 0.31% compared to December 2016 and grew by 2.52% year on year.

Core inflation in July 2017 increased by 0.11% over the previous month and by 1.30% compared to the same period last year. 7-month core inflation grew by 1.49% over the same period in 2016.

Gold price index in July 2017 decreased by 0.88% over the previous month; increased by 2.25% compared to December 2016 and declined by 1.80% year on year. The US dollar price index in July 2017 went up by 0.09% over the previous month; reduced by 0.03% over December 2016 and increased by 1.80% year on year.

         d. Passenger and freight transport

Passenger transport in July was estimated at 342.2 million persons, an increase of 1.6% over last month and 15.2 billion persons.km, a rise of 0.1%. Generally for 7 months of 2017, passenger transport reached 2,319.7 1 million persons, an increase of 10% over the same period last year and 104.1 billion persons.km, an increase of 8.8%, of which passenger transport by roadway reached 2,186.3 million persons, an uptrend of 10.3% and 71 billion persons.km, an increase of 7.8%; by airway reached 24.83 million persons, a build-up of 10.2% and 28.6 billion persons.km, a growth of 11.8%; by railway reached 6.2 a decrease of 1.5% and 2.5 billion persons.km, an increase of 6.6%; by seaway reached 3.8 million persons, a rise of 10.8% and 199.1 million persons.km, an increase 11.8%.

Freight transport in July was estimated at 119.8 million tons, an increase of 0.8% over last month and 22.3 billion tons.km, a decrease of 0.7%. Generally for 7 months, freight transport reached 825 million tons, an upturn of 9.2% over the same period last year and 152.9 billion tons.km, an expansion of 6%, of which domestic freight reached 805.8 million tons, an increase of 9.4% and 76 billion tons.km, a build-up of 10.9%; overseas freight reached 19.2 million tons, an increase of 0.5% and 76.9 million tons.km, a rise of 1.6%. Generally for 7 months, freight transport reached 641 million tons, an upturn of 9.7% over the same period last year and 40.3 billion tons.km, an expansion of 11.5%, of which domestic freight reached 39.5 million tons, an increase of 9.8% and 76billion tons.km, a build-up of 2.9%; overseas freight reached 3.2 million tons, an increase of 5.8% and 2 million tons.km, a rise of 8.7%.

         e. Foreign visitors to Viet Nam

Foreign visitors to Viet Nam in July were estimated at 1,036.9 thousand visitors, increasing by 9.2% over the previous month, of which: visitors coming by airways increased by 6.4%; by roadways increased by 31.1%; remarkably, the foreign visitors by seaways went up sharply (more than 2 times) due to 3 international cruise ships with large loads landed in Viet Nam in the month. Compared to the same period last year, foreign visitors to Viet Nam increased by 21.1%, of which visitors from Asia grew 24.3%; from Europe increased by 11.1%; from America expanded 9.4%;from Oceania increased by 17.8%;from Africa rose 34.4%.

Generally for 7 months, foreign visitors to Viet Nam were estimated at 7,243.2 thousand visitors, increasing by 28.8% compared to the same period last year, of which visitors came by airway reached 6,119.2 thousand visitors, an increase of 31.3%; by roadway reached 945.9 thousand visitors, a rise of  17.3%; by seaway reached 178.1 thousand visitors, an upturn of 13.3%.

In 7 months, visitors from Asia reached 5,357.7 thousand visitors, an increase of 33.4% compared to the same period last year, of which visitors came from main markets all increased: visitors from China reached 2,216.8 thousand visitors, an increase of 51%; from South Korea achieved 1,259.8 thousand visitors, an increase of 46.8%; from Japan attained 437.5 thousand visitors, a rise of 5.9%; from Taiwan reached 357.7 thousand visitors, an increase of 20.8%; from Malaysia achieved 264.4 thousand visitors, an increase of 16.9%; from Thailand reached 170.3 thousand visitors, an expansion of 10.9%; from Singapore reached 151.6 thousand visitors, an increase of 7%.

Visitors from Europe were estimated at 1,114.7 thousand visitors, an increase of 22.2% over the same period last year, of which: visitors from the Russian Federation reached 348.1 thousand visitors, an increase of 49.3%; from United Kingdom achieved 166.7 thousand visitors, a rise of 12.9%; from France attained 154.3 thousand visitors, a growth of 8.5%; from Germany made 114.8 thousand visitors, an expansion of 17.8%; from the Netherlands reached 39.9 thousand visitors, an increase of 15.6%; from Italy reached 31.4 thousand visitors, an increase of 14.4%; from Sweden attained 30.8 thousand visitors, an increase of 19.6%.

Visitors from the America reached 505 thousand, a rise of 10.6% over the same period last year, of which visitors from the United States reached 377 thousand visitors, a growth of 9.5%. Visitors from Oceania reached 245.8 thousand visitors, a rise of 10.9%, of which visitors from Australia attained 218 thousand visitors, an upturn of 11.4%. Visitors from Africa reached 20 thousand visitors, an increase of 28.1% over the same period in 2016.

  1. SOCIAL ISSUES

      a. Food shortage among farmers

In July, the whole country witnessed 3.1 thousand households suffering from food shortage a year on year fall of 86.6%, corresponding to 12.5 thousand persons suffering from food shortage, declined by 87.2%. Generally, for 7 months of 2017, the whole country witnessed 158.8 thousand households suffering from food shortage a year on year fall of 32.3%, corresponding to 651 thousand persons suffering from food shortage, declined by 33%. In order to overcome food shortage, from the beginning of the year, all administrative levels, sectors and organizations from central to local level supported these households with 17.2 thousand tons of food and about 1.1 billion VND.

     b. Epidemic diseases and food poisoning

In July 2017, the whole country witnessed 9.9 thousand cases of hand, foot and mouth disease; 80 cases of typhoid; 110 cases of viral encephalitis (5 deaths); 3 cases of meningococcal meningitis; 56 cases of Japanese encephalitis (3 deaths); 3 cases of Zika virus infection, 104 cases of whooping cough; 27 cases of human streptococcus suis infection (3 deaths). Remarkably, hemorrhagic fever epidemic was complicated, especially in Hanoi and some southern provinces like Dong Nai, Binh Duong and Ho Chi Minh City with 16.9 thousand cases in the month (5 deaths). Generally for 7 months of 2017, the whole country witnessed nearly 31.6 thousand cases of hand, foot and mouth disease; 53.4 thousand cases of hemorrhagic fever (14 deaths); 331 cases of typhoid; 385 cases of viral encephalitis (13 deaths); 22 cases of meningococcal meningitis (3 deaths); 93 cases of Japanese encephalitis (3 deaths); 27 cases of of Zika virus infection; 438 cases of whooping cough (5 deaths); and 107 cases of human streptococcus suis infection  (9 deaths).

As of 17 July 2017, the total number of alive HIV-infected persons over the country was 218.8 thousand persons and the number of cases turned to AIDS was 90.2 thousand persons; the number of persons died of HIV/AIDS nationwide was over 91.4 thousand persons.

In July, there were 5 food poisoning cases, poisoned 609 persons. From 18 December 2016 to 17 July 2017, there were 64 severe food poisoning cases, poisoned 1,955 persons, of which 17 deaths.

       c. Traffic accidents

In July (from 16 June to 15 July), there were 1,579 traffic accidents traffic accidents occurred nationwide, including 751 traffic accidents from less serious to more and 828 traffic collisions, causing 627 deaths, 414 injuries and 887 slight injuries. Compared to the same period last year, the number of traffic accidents in July decreased by 2.8% (the number of traffic accidents from less serious to more decreased by 4.5% and the number of traffic collisions went down by 1.3%); the number of deaths declined by 5.1%; the number of injuries dropped 0.2% and the number of slight injuries decreased by 4.8%. Remarkably, there were several serious road traffic accidents: The accident on Highway 14 passing through Dak Hrinh commune (Kon Tum) on 30 June caused 4 deaths and 12 injuries; the accident on the Hanoi – Lao Cai highway on 1 July injured 13 persons; the accident on Highway 1 in Hong Son commune (Binh Thuan) on 19 July caused 3 deaths and 17 injuries.

Generally, for the first 7 months of 2017, there were 11,172 traffic accidents occurred nationwide, including 5,548 traffic accidents from less serious to more and 5,624 traffic collisions, causing 4,761 deaths, 2,800 injuries and 6,436 slight injuries. Compared to the same period last year, the number of traffic accidents in 7 months of this year decreased by 5.8% (traffic accidents from less serious to more decreased by 4.8%; the number of traffic collisions declined by 6.7%); the number of deaths decreased by 5.2%; the number of injuries dropped 15.7% and the number of slight injuries decreased by 7.6%. Of the total of 5,548 traffic accidents from less serious to more over the last 7 months, 5,391 cases (accounted for 97.2%) occurred on the road, causing 4,644 deaths and 2,754 injuries. There were 90 cases of railway traffic accident, causing 78 deaths and 30 injuries; 67 cases of waterway and maritime traffic accidents, causing 39 deaths and 16 injuries. On average 53 traffic accidents occurred a day in 7 months of 2017 nationwide, including 26 traffic accidents from less serious to more and 27 traffic collisions, caused 22 deaths, 13 injuries and 30 slight injuries.

        d. Damages caused by natural disasters

In July, heavy rains, storms, floods, tornadoes, etc badly affected production and residential life in many localities throughout the country. According to preliminary reports, natural disasters caused 48 deaths and missing, 47 injuries; nearly 19.8 thousand houses were collapsed, roof ripped-off and swept away; 26.2 thousand hectares of rice and 14.2 thousand hectares of arable crops were damaged. Total value of loss caused by natural disasters in the month was estimated at 1.9 trillion VND. Particularly, the storm No. 2 hit the provinces of Nghe An and Ha Tinh on 16 July and the its circulation caused heavy rain, causing 15 deaths, missing and 33 injuries; nearly 16.8 thousand houses were hit by landslides, roof ripped-off, collapsed; 34.4 thousand hectares of rice, arable crops and 813 hectares of aquaculture areas were flooded and damaged. Total loss was estimated at 1.6 trillion VND.[8]

Generally, for the first 7 months of 2017, natural disasters caused 75 deaths and missing, 77 injuries; nearly 25.9 thousand houses were hit by landslides, roof ripped-off, collapsed; 33.8 thousand hectares of rice and 18.1 thousand hectares of arable crops were damaged. Total value of damage in 7 months was estimated at about 2.3 trillion VND.

        e. Environment protection, fire and explosion prevention

In July 2017, 1,256 cases of violating regulations of environment protection were found, of which 1,007 cases were addressed with total fine of 10.2 billion VND. Generally, for the 7 months of 2017, 10,776 cases of environmental violations across the country were found, of which 8,927 cases were addressed with a total fine of over 124 billion VND.

In, there were 298 cases of fire and explosion across the country, causing 11 deaths and 30 injuries, with an estimated damage of 137 billion VND. Generally, for the 7 months of 2017, there were 2,659 fires and explosions nationwide, causing 60 deaths and 159 injuries, with an estimated loss of 1,137 billion VND.

GENERAL STATISTICS OFFICE


[1] In 7 months of 2016, the IIP of the mining and quarrying decreased by 4.6 %; of the manufacturing increased by 10.3 %; of the production and distribution of electricity went up 11, 8 %; of the water supply, sewerage, waste management and remediation increased by 6.9%.

[2] Source: National business registration information system, Ministry of Planning and Investment.

[3] Compared to the same period last year, the number of enterprises increased by 21.4%; the registered capital increased by 36.6%; Average capital rose by 12.6%.

[4]  In 7 months of 2016, the number of newly registered enterprises increased by 23.3% over the same period last year; the registered capital rose by 54.7%; the average registered capital of an enterprise went up 25.4%.

[5] In 7 months of 2017, Vietnam saw a trade deficit of 16.3 billion USD from China, went down by 1.7% year on year; trade deficit from South Korea reached 19 billion USD, soared by 63.5%.

[6] Although in the Southern provinces of Vietnam were buying rice prepared for export contracts to Philippines, a plentiful supply of rice due to the harvest of the winter-spring rice crop in the Northern provinces made rice prices fall compared to last month.

[7] Mainly because pork price increased by 3.19% compared to the previous month; Fresh vegetable prices increased by 2.56%.

[8] Nghe An suffered 10 deaths, missing and 13 injuries; nearly 9.2 thousand houses were hit by landslides, roof ripped-off, collapsed; 14.4 thousand hectares of rice and arable crops were flooded and damaged; damage estimated at 994 billion VND. Ha Tinh suffered 1 death and 8 injuries, more than 7.3 thousand houses were hit by landslides, roof ripped-off, collapsed; 11.7 thousand hectares of rice and arable crops were flooded and damaged; damage estimated at 500 billion VND.