1. Agriculture, forestry and fishery
Agricultural production in the month focused mainly on cultivating and tending winter-spring rice, planting crops across the country and harvesting winter crops in the North. Pig husbandry continued to recover; poultry developed well. Forestry production focused on ground preparation, nursery and care of seedlings for the planting of Tan Suu spring trees. The fishery sector achieved a good catch due to favorable weather in the fishing grounds, fishermen actively actively adhered to the sea in the month before Tet holiday.
a) Agriculture
As of January 15, 2021, the country cultivated 1,826.9 thousand hectares of winter-spring paddy, an equal to 92.9% compared with the same period last year, of which Northern provinces reached 62.2 thousand hectares, an equal to 55.4 %. Southern provinces reached 1,764.7 thousand hectares, an equal to 95.2%, in particular Mekong River Delta reached 1,434.8 thousand hectares, equaled to 94.6%.
Along with the cultivation of winter-spring paddy, in the middle of January, localities in the country cultivated 146.8 thousand hectares of maize, an equal to 97.7% compared to the same period last year; 35 thousand hectares of sweet potatoes, equaled to 94.3%; 4.1 thousand hectares of soybean, equaled to 73.2%; 28.7 thousand hectares of groundnut, equaled to 99.7%; 313.8 thousand hectares of vegetables and beans, equaled to the same period last year.
Severe cold weather in January affected buffaloes and cows. Pig husbandry continues to recover, poultry grows well, ensures supply to meet consumption demand during the Tan Suu Lunar New Year. In January, buffalo population was estimated to decrease by 2.7%, in comparison with that of the same period last year; cattle population increased by 2.2%, number of pigs grew by 16.2%, poultry population up 6.5%. As of January 21st, 2021, the country was no longer recorded cases of blue ear disease in pigs. Some of diseases were still remain in some localities for less than 21 days: avian influenza was still in Ha Noi, Bac Ninh, Hai Duong, Nam Dinh, Ha Nam, Ninh Binh, Quang Ninh; foot and mouth disease remained in Bac Kan, Quang Ninh, Ba Ria-Vung Tau, Tra Vinh; African swine fever was reported in 72 districts of 30 provinces and central cities.
b) Forestry
In January, the new concentrated forests area was estimated at 6.9 thousand hectares, falling by 2.8% compared to the same period last year; number of dispersed trees reached 3.7 million trees, falling by 2.6%; production of wood reached 900 thousand m3, raising by 3.1%; firewood production reached 1.5 million ste, falling by 1.3%. In January (16/12/2020 -15/01/2021), the damaged forest area was 114.8 hectares, much higher than the same period last year (the same period in 2020 only lost 6 hectares).
c) Fishery
Fishery production in 01/2021 was estimated at 497.9 thousand tons, raising by 1.8% over the same period last year, of which: Production of aquaculture was 252.5 thousand tons, raising by 1% over the same period last year; production of aquatic products caught was 245.4 thousand tons, up 2.5%; sea fishing production was 232.3 thousand tons, up 2.7%.
2. Industrial production
Industrial production continued to be flourish when the Covid-19 pandemic was well controlled domestically. In addition, the number of working days in January this year was higher than the previous year[1], so the industrial production index of January 2021 estimated to highly increase by 22.2% over January 2020, of which manufacturing went up by 27.2%.
The index of industrial production (IIP) in 01/2020 decreased by 3.2% over the previous month and increased by 22.2% over the same period last year, of which the manufacturing rose by 27.2%, contributing 21.6 percentage points to the overall growth; electricity production and distribution peaked up by 16.3%, contributing 1.5 percentage points; water supply, waste and wastewater management and treatment increased by 8.4%, contributing 0.1 percentage points; only the mining industry decreased by 6.2%, down 1 percentage point.
3. Enterprise registration status[2]
Enterprise registration status in January 2021 had flourishes when newly established enterprises increased in both quantity and registered capital, in most of the fields compared to the same period last year. The total additional registered capital in the economy in January 2021 was 395.1 trillion VND, rose by 10.5% compared to the same period last year.
In January 2021, the whole country had nearly 10.1 thousand newly established enterprises with a registered capital of 155.1 trillion VND and the total number of registered employees of 115.9 thousand employees, an increase of 21.9% in the number of enterprises, 25.9% in the registered capital, 37.2% in the number of employees compared to the same period last year. The average registered capital of an enterprise reached 15.4 billion VND, rose by 3.2% compared to the same period in 2020. If including 240 trillion VND of the additionally registered capital of 4,015 enterprises that recorded upward adjustment of capital, the total additional registered capital in the economy in January 2021 was 395.1 trillion VND, rose by 10.5% compared to the same period last year. In addition, there were 6,503 re-operated enterprises, decreased by 23.2% over the same period last year, making the total number of newly registered enterprises and re-operated enterprises in January 2021 to be 16,594 enterprises, decreased by 0.9%.
Also in January this year, there were 25,752 enterprises ceased for a certain period of time, temporarily ceased and awaited dissolution procedures, and completed dissolution procedures, an increase of 36.4% over the same period last year, including: The number of enterprises ceased for a certain period of time in January this year was 18,055 enterprises, increasing by 54.3% compared to the same period last year; 5,602 enterprises temporarily ceased and awaited dissolution procedures, an increase of 0.8%; 2,095 enterprises completed dissolution procedures, an increase of 29.2.
4. Investment
Investment activities in January 2021 focused mainly on the construction of works in transition by the previous year, completing the acceptance procedures, payment for the completed volume of 2020. For new works with the capital allocation in 2021 were mainly in the process of completing the procedures and dossiers to prepare for investment, so there was no volume to implement. Realized investment capital from the State budget in January 2021 was lower compared to the year plan (5.1%) but increased by 24.5% compared to the same period in 2020 because January last year coincided with the Tet holiday.
Investment capital realized under the State budget in January 2021 was estimated at 23,233 billion VND, equaling 5.1% of the year plan and up 24.5% against the same period last year (the same period last year 2020 equaled to 3.6% and increased by 8.2%), including: The capital under central management was 3,045 billion VND, equaling 3.9% of the yearly plan and increasing 28.2% against the same period last year; the capital under local management reached 20.188 billion VND, equaling 5.4% of the yearly plan and climbing up 24% over the same period in 2020.
The foreign direct investment from the beginning of the year to 20th January 2021 including registered capital, adjust investment capital and total value of capital contribution reached more than 2 billion USD, decreased by 62.2% compared to the same period in 2020. Of which, 47 newly licensed projects with a registered capital of 1.3 billion USD, an decrease of 81.8% in the number of projects and a decrease of 70.3% of registered capital as compared to the same period in 2020; 46 turns of projects which were licensed in the previous years registered to adjust investment capital with the additional capital of 0.5 billion USD, a growth of 41.4% over the same period last year; 194 turns of capital contribution and share purchases of foreign investors with a total value of capital contribution of 0.2 billion USD, a drop of 58.7% over the same period in 2020, including 52 turns of capital contribution capital, share purchase increased charter capital of the enterprise with the value of contributed capital of 0.13 billion USD and 142 turns of foreign investors repurchased domestic shares without increasing the charter capital with a value of 0.09 billion USD. Foreign direct investment capital that implemented in January reached 1.5 billion USD, a growth of 4.1% over the same period last year.
Vietnam’s outward investment in January of this year had 1 projects to China in the wholesale and retail trade, repair of motor vehicles and motocycles, that was granted investment certificates with a total capital (newly granted and supplementary capital) of 3.2 million USD, decreased by 20.4% compared to the same period of last year.
5. State budget revenues and expenditures
In January 2021, many domestic revenues reached low levels due to the beginning of the year and the deadline for tax declaration and payment is not due; State budget expenditure has met needs of socio-economic development, national defense and security, State management and payment of due debts.
Total state budget revenue in the first 15 days of January 2021 was estimated at 36 trillion dongs, equaling 2.7% of the annual plan, of which domestic revenue reached 22.5 trillion dongs, equaling 2%; revenue from crude oil was 989 billion dongs, equaling 4.3%; state budget balancing revenue from import and export activities was 12.6 trillion dongs, equaling 7%.
Total State budget expenditure in the first 15 days of January was estimated at 42.5 trillion dongs, equaling 2.5% of the annual plan, of which recurrent expenditures reached 29.7 trillion dongs, equaling 2.9%; expenditure for investment and development was 3 trillion dongs, equaling 0.6%; interest payment was 9.8 trillion dongs, equaling 8.9%.
6. Trade, price, transportation and tourism[3]
January 2021 is the time before the Lunar New Year, so the domestic trade, price, transportation and tourism increased compared to the previous month. The export and import of goods in January 2021 reached a high increase compared to the same period last year, mainly due to Samsung boosting the export of mobile phone products with new S21 version, and due to the Lunar New Year holiday last year was in January
Gross retail sales of consumer goods and services in January were estimated at 479.9 trillion VND, rising by 3.7% compared with the previous month and by 6.4% over the same period last year, if excluding the price factor, increasing by 6.7% (increased by 8% in the same period last year).
Export turnover in December 2020 reached 27,653 million USD, 1,153 million USD higher than the estimated figure. Export turnover in January 2021 was estimated at 27.7 billion USD, increased by 0.2% over the previous month, and by 50.5% compared to the same period last year. In January 2021, there were 6 products with export turnover of over 1 billion USD, contributing 67.3% to the total export turnover.
Regarding the structure of export commodity groups in January 2021, the group of heavy industry products and minerals was estimated at 15.6 billion USD, went up by 71.6% over the same period last year. The group of light industry and handicraft products was estimated at 9.7 billion USD, jumped up by 32.3%. The group of fishery products reached 600 million USD, edged up by 19.6%.
Regarding the export commodity market in January 2021, the United States was the Vietnam’s largest export market with a turnover of 7.5 billion USD, a growth of 57.4% over the same period last year; the following was China market with 5.8 billion USD, going up by 111.6%; The EU with 2.8 billion USD, rose by 14.8%; ASEAN market with 2.3 billion USD, an increase of 31.9%; Japan with 1.9 billion USD, increased by 22.7%; South Korea with 1.7 billion USD, an increase of 24.2%.
Import turnover of goods in December 2020 reached 27,905 million USD, 405 million USD higher than the estimated figure. Import turnover in January 2021 was estimated at 26.4 billion USD, reduced by 5.4% over the previous month, increased by 41% compared to the same period last year. In January 2021, there were 4 imported products with turnover of over 1 billion USD, accounting for 50.6% of total import turnover.
Regarding the structure of imported goods in January 2021, the group of input materials was estimated at 24.7 billion USD, went up by 41% over the same period last year and accounted for 93.7% of total import turnover. Consumer goods group was estimated at 1.7 billion USD, rose by 41.5% and accounted for 6.3%.
Regarding imported goods market in January 2021, China remained the largest import market of Vietnam with a turnover of 9.6 billion USD, jumped up by 72.7% over the same period last year; the following was the Korean market with 5.1 billion USD, rose by 29.3%; the ASEAN market with 3.4 billion USD, increased by 63.3%; Japan with 2 billion USD, going up by 52.9%; EU market with 1.3 billion USD, expanding by 23.3%; The United States with 1 billion USD, an increase of 4.2%.
The trade balance of goods in December 2020 witnessed a trade deficit of 252 million USD[4]; trade surplus for 2020 was 20 billion USD. Trade surplus in January 2021 was estimated at 1.3 billion USD[5], of which the domestic economic sector saw a trade deficit of 1.8 billion USD; the FDI sector (including crude oil) saw a trade surplus of 3.1 billion USD.
Passengers carried in January was estimated at 415.5 million persons, a decrease of 16.1% over the same period last year, and passengers traffic gained 17.7 billion passengers-km, a decline of 25.4%, Freight carried in January was estimated at 169.7 million tons, went up 9.4% against the same period last year and freight traffic gained 31.5 billion tons-km, an increace of 6.8%.
International visitors to Viet Nam in 01/2021 were estimated at 17,736 arrivals, went up 9% compared to the previous month and decreased by 99.1% compared to the same period last year, of which visitors coming by airway gained 11,118 persons, dropped by 99.3%; by roadway achieved 6,575 arrivals, went down by 97.8%; by seaway only achieved 43 arrivals, decreased by 99.9%.
7. Consumer price index, gold price index and US dollar price index
January of 2021 is the month before Tan Suu Lunar New Year, the people’s shopping demand increased. The price of food, foodstuff, outdoor eating and drinking increased; the price of domestic petroleum, gas increased according to the price of world fuel, these factors made the consumer price index in January 2021 up 0.06% compared to December 2020 and down 0.97% over January 2020.
The consumer price index (CPI) in January 2021 up 0.06% compared to December 2020 and down 0.97% over the same period last year. Core inflation in January 2021 increased by 0.27% compared to December 2020 and increased by 0.49% over the same period last year.
Domestic gold prices increased according to the world gold prices, gold price index in January 2021 increased by 2.17% over the previous month and by 28.19% over the same period of 2020. The US dollar price index in January 2021 decreased by 0.16% compared to December 2020 and dropped by 0.27% over the same period of 2020.
8. Social issues
In this month, there was no hunger in the country. In order to stabilize people’s lives during the Tan Suu Lunar New Year and between-crop period in the beginning year 2021, localities reviewed and synthesized the number of households, the number of people at risk of hunger for the Prime Minister to consider rice support policy. On December 31, 2020, the Prime Minister issued Decision No. 2285/QĐ-TTg on supporting rice for people in Nghe An and Quang Nam provinces with more than 1,702.8 tons of rice.
The Covid-19 pandemic in the world continued to be complicated[6] . The 5 countries with the highest number of Covid-19 infected cases in the world were the United State, India, Brazil, Russia and England. In Vietnam, as of 14:00 on January 28th, 2021, there were 1,553 cases have been reported; 1,430 cases have been cured (35 deaths).
From 15/12/2020 to 14/01/2021, in the country had 1,233 traffic accidents, killing 608 people; 366 people injured and 529 slightly injured. On average, there were 40 traffic accidents per day in the whole country, including 24 traffic accidents of less serious or more and 16 traffic crashes, causing 20 deaths, 12 people injured and 17 people slightly injured.
Natural disasters that happened in the month were mainly cold and damaging cold; landslide and high tide damaged 288.3 ha of rice and 110 ha of crops; 3.3 thousand cattle and poultry died; 572 houses were damaged, with an estimated damage of more than 25.5 billion VND.
In January 2021, the authorities discovered 2,353 environmental violations, of which 1,923 cases were handled with a total fine of more than 19.3 billion VND. During the month, the whole country had 245 cases of fire and explosion, killing 5 people and injuring 12 people, the value of damage was estimated at 114.2 billion dongs./.
[1] Due to the Canh Ty Lunar New Year holiday mainly was in January 2020.
[2]Source: National Enterprise Registration Information System, Business Registration Management Agency, Ministry of Planning and Investment.
[3] Data in January 2021 estimated by the meeting of the interdisciplinary team consisting of the Ministry of Industry and Trade, the Ministry of Planning and Investment, the State Bank of Vietnam, the General Department of Customs, and the General Statistics Office based on export turnover figures, import as of January 27, 2021 of the General Department of Customs combined with market information, the proportion, and trend of export and import of goods. The General Statistics Office received and updated the report on the afternoon of January 28, 2021.
[4] Trade deficit in December 2020 was estimated at 1 billion USD.
[5] Of which, in January 2021, the trade surplus to the EU reached 1.5 billion USD, up 8.7% over the same period last year; trade deficit from China was 3.8 billion USD, up 34.9%; trade deficit from Korea was 3.4 billion USD, up 32%; the trade deficit from ASEAN was 1.1 billion USD, up 211%.
[6] As of 14:00 on January 28th, 2021, in the world, there were 101,648.7 thousand cases of Covid-19 (2,184.5 thousand deaths).