1. Agriculture, forestry and fishery

Production of agriculture, forestry and fishery in April 2021 took place in favorable weather conditions for plants and animals to grow and develop. Localities focused on tending the winter-spring paddy in the North, harvesting paddy, winter-spring crops and cultivated summer-autumn paddy in the South. Poultry breeding is developing well, pig breeding is recovering. The consumption market for agricultural, forestry and fishery products has been opened and expanded.

a) Agriculture

As of April 15, the country cultivated 3,001.1 thousand hectares of winter-spring paddy, equaling 99.2% to the same period last year, of which, Northern provinces reached 1,082.6 thousand hectares, equaling 98.6%; Southern provinces reached 1,918.5 thousand hectares, equaling 99.6%. In the Mekong River Delta, the winter-spring rice cultivated area this year reached 1,519.7 thousand hectares, a decrease of 26.7 thousand hectares compared with the previous year’s winter-spring paddy. Southern provinces harvested 1,577.4 thousand hectares of winter-spring paddy, holding 82.2% of the cultivated area and equaling 96.7% to the same period last year. Of which Mekong River Delta reached 1,396.5 thousand hectares, holding 91.9% of the cultivated area and equaling 96.9% of over the same period 2020.

As of April 15, Southern provinces cultivated 300 thousand hectares of summer-autumn paddy, equaling 98% to the same period last year, of which Mekong River Delta reached 293 thousand hectares, equaling 99.8%.

As of mid-April, localities across the country had planted 382 thousand hectares of maize, equaling 101.8% of over the same period last year; 59.7 thousand hectares of sweet potatoes, equaling 95.1%; 14.1 thousand hectares of soybeans, equaling 90.4%; 115.5 thousand hectares of groundnut, equal to 97%; and 596.8 thousand hectares of vegetables, equaling 103%.

Currently, the foot-and-mouth epidemic, especially the epidemic of Lumpy Skin Disease (LSD) in buffalo cattle is complicatedly developing in several localities because of its ability to spread the disease quickly. The cattle population in April was estimated to increase by 1% over the same period last year; the pig population increased by 11.1%; the buffalo population dropped 2.4%; poultry population grew by 7.4%. As of April 23, 2021, the country was no longer recorded cases of blue ear disease in pigs. Some diseases remained in several localities for less than 21 days: avian influenza was still in Ha Noi, Bac Ninh, Quang Ninh, Tuyen Quang, Ha Tinh, Quang Nam; foot and mouth disease remained in Bac Kan, Thai Nguyen, Lang Son, Quang Tri, Dak Lak, Phu Yen, Quang Ngai; African swine fever was reported in 22 provinces and LSD reported in 21 provinces.

b) Forestry

In April 2021, the newly concentrated planted forest area of ​​the whole country was estimated to reach 28.8 thousand hectares, an increase of 5.8% over the same period last year. Generally, for the first four months of the year, the newly concentrated planted forest area nationwide reached 62 thousand hectares, an increase of 3.6% over the same period last year; the number of scattered planted trees reached 35 million trees, an increase of 2.8%; the exploited wood output reached 4,159.9 thousand m3, an increase of 4.9%; the exploited firewood output reached 6 million steres, equal to the same period last year.

In April, the country had 118.7 ha of forest damaged, a decrease of 17.9% against the same period last year, of which the burnt forest area was 18.9 ha, a decrease of 78.2%; destroyed forest area was 99.8 ha, increasing by 72.5%. Generally, for the first 4 months of the year, the damaged forest area was 483.6 ha, up 19.5% over the same period last year, of which burnt forest area was 134 ha, down 21.2%; the destroyed forest area was 349.5 ha, an increase of 49%.

c) Fishery

Fishery production in April was estimated at 687.2 thousand tons, up 2.1% over the same period last year, of which aquaculture production reached 329.6 thousand tons, up 1.9%; catching fishery output reached 357.7 thousand tons, up 2.2%. Generally, in the first 4 months of the year, fishery production was estimated at 2,484.9 thousand tons, up 2.1% over the same period last year, of which aquaculture production reached 1,269.9 thousand tons, up 2.8%; catching output reached 1,215.1 thousand tons, up 1.4% (sea fishing output reached 1,160.4 thousand tons, up 1.4%).

2. Industrial production

Industrial production in April 2021 was estimated to increase by 24.1% over the same period last year in the context of the well-controlled Covid-19 pandemic, and the Free Trade Agreements were effective leading to active production and business activities. Generally, for the first 4 months of 2021, the industrial production index increased by 10% over the same period last year, of which the manufacturing industry increased by 12.7%.

The index of industrial production (IIP) in April 2021 is estimated to grow by 1.1% from the previous month and to rise by 24.1% from the same period last year, of which the mining industry went up by 3.8% and increase by 1.8%; manufacturing increased by 0.5% and rose by 29.1%; electricity production and distribution went up by 2.6% and peaked up by 16.4%; water supply, waste and wastewater management and treatment all grew by 4.4% and by 11.1%.

Overall, for the first 4 months of 2021, the IIP is estimated to increase by 10% over the same period last year. In which, the manufacturing rose by 12.7% (increased by 9.7% in the same period last year), contributing 10.2 percentage points to the general growth; electricity production and distribution went up by 6.6% (same period last year down by 6.5%), contributed 0.6 percentage points; water supply, waste and wastewater management, and treatment peaked up by 7.5% (decreased by 0.3% in the same period last year), contributing 0.1 percentage points; the mining industry alone shrank by 5.7% (decreased by 6.8% in the same period last year), down by 0.9 percentage points in the general growth rate.

3. Enterprise registration status[1]

Newly established enterprises in April 2021 increased in both quantity and registered capital compared to last month and the same period in 2020. Generally, in the first four months of 2021, the number of newly-established enterprises increased by 17.5% over the same period in 2020, the highest increase in the years 2017-2021[2] and increased in all economic sectors; registered capital increased 41%. It shows that after successfully implementing the dual goal “both preventing epidemics and developing socio-economic”, the business community’s confidence in the Party’s economic development policies, guidelines, and directions, Government in the term of 2021-2025 increased. These are positive signs of business prospects in the coming time.

In April 2021, the whole country had nearly 14,9 thousand newly established enterprises with registered capital was 179.9 trillion VND and a total number of registered employees of 94,6 thousand employees, an increase of 33.1% in the number of enterprises, an increase of 59.1% in the registered capital and an increase of 30% in the number of employees compared to last month[3]. The average registered capital of an enterprise reached 12.1 billion VND, an increase of 19.6% compared to last month, and a growth of 1.7% compared to the same period last year. In the month, there were 5,745 re-operated enterprises in the whole country, an increase of 26.8% ​​compared to the previous month and rose by 50.8% compared to the same period in 2020; 4,598 enterprises ceased for a certain time, an increase of 107.8% and 11.6%; 5,608 enterprises temporarily ceased and awaited dissolution procedures, an increase of 62.2% and 158.9%; 1,541 enterprises completed dissolution procedures, a decrease of 4.2% and an increase of 57.2%.

Generally, in the first 4 months of this year, the whole country had nearly 44.2 thousand newly registered enterprises with a total registered capital of 627.7 trillion VND and a total number of registered employees of 340.3 thousand employees, up by 17.5% in the number of enterprises, an increase of 41% in number the registered capital and an increase of 7.8% in the number of employees compared to the same period in last year. The average registered capital of a newly established enterprise in 4 months achieved 14.2 billion VND, climbing up 20% compared to the same period last year. If including 792.9 trillion VND of the additionally registered capital of 14.9 thousand enterprises that recorded an upward adjustment of capital, the total additional registered capital in the economy in 4 months of this year was 1,420.6 trillion VND, an increase of 26.1% compared to the same period last year. Besides, there were nearly 19.3 thousand re-operated enterprises, an increase of 8% over the same period last year, bringing the total number of newly registered enterprises and re-operated enterprises in 4 months to 63.4 thousand enterprises, the average every month had nearly 15.9 thousand newly established enterprises and re-operated enterprises.

In 4 months this year, there were 51.5 thousand enterprises temporarily ceased for a certain time, temporarily ceased and awaited dissolution procedures, and completed dissolution procedures, an increase of 23.3% over the same period last year, including the number of enterprises temporarily ceased for a certain time was 28.3 thousand enterprises, increasing by 24.9% compared to the same period last year; 16.4 thousand enterprises temporarily ceased and awaited dissolution procedures, a climbing up 17.5%; 6,7 thousand enterprises completed dissolution procedures, an increase of 32.2%, of which 6,024 enterprises with the capital size of less than 10 billion VND, a rise of 31.7%; 72 enterprises with the capital size over 100 billion VND and more, a decrease 4%. On average, 12.9 thousand enterprises withdrawing from the market each month.

4. Investment

Ministries, branches and localities are efforts to speed up the disbursement of public investment capital in the context of the Covid-19 epidemic well controlled in Viet Nam. The investment capital of the State budget in April compared to the plan for 2021 was 6.6%. The growth rate of investment capital of the State budget in April and the first 4 months of the year 2021 both reached the highest increase in the years 2017-2021.

Investment capital from the State budget in April was estimated at 30.4 trillion VND, up 23.9% over the same period last year. Generally, in the first 4 months of this year, realized investment capital from the state budget reached 98.7 trillion VND, equaling 21.5% of the year plan and up 16.3% against the same period last year (the same period last year 2020 equals 16.6% and increases by 14.5%), including The capital under central management was 15.1 trillion VND, equaling 19.6% of the yearly plan and increasing 25.5% against the same period last year; the capital under local management reached 83.6 trillion VND, equaling 21.9% and climbing up 14.8%.

The foreign direct investment from the beginning of the year to 20th April 2021 including registered capital, adjust investment capital and the total value of capital contribution reached 12.25 billion USD, a decrease of 0.7% compared to the same period in 2020. Of which, 451 newly licensed projects with a registered capital of 8.46 billion USD, a decrease of 54.2% in the number of projects and a growth of  24.7% of registered capital as compared to the same period last year; 263 turns of projects which were licensed in the previous years registered to adjust investment capital with the additional capital of 2.75 billion USD, decrease 10.6%; 1,151 turns of capital contribution and share purchases of foreign investors with a total value of the capital contribution of 1.05 billion USD, a drop of 57.8%. Including 290 turns of capital contribution capital, share purchase increased charter capital of the enterprise with the value of contributed capital of 423.6 million USD and 861 turns of foreign investors repurchased domestic shares without increasing the charter capital with a value of 623.5 million USD. Foreign direct investment capital that was implemented in the first four months of the year reached 5.5 billion USD, a growth of 6.8% over the same period last year.

Vietnam’s investment abroad in the first four months of the year, there were 18 projects newly granted investment certificates with a total investment capital of 142.8 million USD, 2.7 times higher than the same period; 9 times of projects adjusted capital with additional capital of 403.2 million USD, 25.5 times more than the same period. Generally, the total investment capital of Vietnam abroad (newly and additionally licensed capital) in 4 months reached 545.9 million USD, 7.9 times higher than the same period.

5. Trade, Transportation and tourism[4]

Domestic trade and transport activities in April 2021 increased over the same period last year due to the implementation of a social gap in April 2020 according to Directive No.16/CT-TTg dated March 31, 2020, of the Prime Minister. The Government should buy goods, consumer spending has plummeted, many accommodations, dining, and travel establishments have to be temporarily closed and transportation demand has fallen sharply. Import and export activities in the first four months of 2021 over the same period last year achieved the highest growth rate in the past 10 years. International visitors to Viet Nam in April decreased by 25.8% compared to the same period last year because Viet Nam has continued to implement measures to prevent and control the Covid-19 epidemic, international tourism has not yet opened. The number of visitors coming was mainly foreign experts, technical workers working for projects in Viet Nam and cargo drivers at the road border gate.

Gross retail sales of consumer goods and services in April reached 409.4 trillion VND, up 2.3% over the previous month and up 30.9% over the same period last year. Generally, for the 4 first months of 2021, gross retail sales of consumer goods and services reached 1,695.6 trillion VND, up 10% over the same period last year (the same period in 2020 decrease by 2.8%). If excluding the price factor, it would increase by 9.03% (the same period in 2020 decrease by 7.76%).

Export turnover in March 2021 reached 29,654 million USD, 1.054 million USD higher than the estimated figure. In April 2021, export turnover was estimated at 25.5 billion USD, decreased by 14% over the previous month and rose by 44.9% compared to the same period last year. Generally, in the first four months of 2021, the export turnover was estimated at 103.9 billion USD, rose by 28.3% over the same period in 2020, of which, the domestic economic sector was 25.76 billion USD, went up 12.8%, accounting for 24.8% of total export turnover; the FDI sector (including crude oil) attained 78.14 billion USD, increased by 34.4%, sharing 75.2%. In the first four months of 2021, there were 19 products with export turnover of over 1 billion USD, contributing 84.5% to the total export turnover.

Regarding the structure of export commodity groups in the first four months of 2021, the group of heavy industry products and minerals was estimated at 57.58 billion USD, went up by 33% over the same period last year. The group of light industry and handicraft products was estimated at 36.6 billion USD, jumped up by 27.5%. Agricultural and forestry products reached 7.33 billion USD, went up by 8.8%. The group of fishery products reached 2.39 billion USD, edged up by 6.1%.

Regarding the export commodity market in the first four months of 2021, the United States was Viet Nam’s largest export market with a turnover of 30.3 billion USD, a growth of 50.1% over the same period last year; the following was China market with 16.8 billion USD, going up by 32.4%; The EU with 12.6 billion USD, rose by 18.1%; ASEAN market with 8.8 billion USD, an increase of 13.3%; South Korea with 6.9 billion USD, an increase of 12.1%; Japan with 6.5 billion USD, increased by 1.5%.

Import turnover of goods in March 2021 reached 28,457 million USD, 257 million USD higher than the estimated figure. In April 2021, import turnover was estimated at 27 billion USD, decreased by 5.1% over the previous month and increased by 43.5% compared to the same period in 2020. Generally, in the first four months of 2021, the import turnover was estimated at 102.61 billion USD, increased by 30.8% over the same period in 2020, of which the domestic economic sector reached 35.69 billion USD, went up by 24.8%; the FDI sector gained 66.92 billion USD, edged up by 34.2%. In the first four months of 2021, there were 19 imported products with a turnover of over 1 billion USD, accounting for 77.4% of total import turnover.

Regarding the structure of imported goods in the first four months of 2021, the group of input materials was estimated at 96.31 billion USD, went up by 31.4% over the same period last year and accounted for 93.9% of total import turnover. Consumer goods group was estimated at 6.3 billion USD, rose by 22.5% and accounted for 6.1%.

Regarding the imported goods market in the first four months of 2021, China remained the largest import market of Viet Nam with a turnover of 33.1 billion USD, jumped up by 47.8% over the same period last year; the following was the South Korean market with 16.9 billion USD, rose by 16.9%; ASEAN market with 14.1 billion USD, increased by 48.2%; Japan with 7.2 billion USD, going up 10.5%; EU market with 5.3 billion USD, expanding by 16.6%; the United States with 5.1 billion USD, increase of 7.9%.

The trade balance of goods in March 2021 witnessed a trade surplus of 1.2 billion USD[5]; trade surplus for the first quarter was 2.79 billion USD; trade deficit for April 2021 was 1.5 billion USD; trade surplus in the first four months of 2021 was estimated at 1.29 billion USD[6], of which the domestic economic sector saw a trade deficit of 9.92 billion USD; the FDI sector (including crude oil) saw a trade surplus of 11.21 billion USD.

Passengers carried in April  2021 were estimated at 294.5 million persons, went up 4.9% compared to the previous month and passengers traffic 13.5 billion passengers-km, increased by 11.9%. Generally for the first 4 months of 2021, passengers carried reached 1,263.6 million passengers, a decrease of 0.4% over the same period last year (the same period of 2020 down 27.5%) and passengers traffic gained 54.8 billion passengers-km, a decline of 5.8% (the same period of 2020 decreased by 30.6%). Freight carried in April was estimated at 153.7 million tons, went up 6.1% compared to the previous month and freight traffic 30.3 billion tons.km, rose by 5.2%. Generally for the first 4 months of 2021, freight carried reached 617.6 million tons, up 14.6% against the similar period last year (the same period in 2020 decreased 7.2%) and freight traffic gained 116.9 billion tons-km, went up 12.1% (the same period of 2020 decreased by 7.8%).

International visitors to Viet Nam in 4/2021 were estimated at 19.5 thousand arrivals, went up 0.3% compared to the previous month and decreased by 25.8% compared to the same period last year. Generally, in the first 4 months of 2021, international visitors to Viet Nam was estimated at 67.6 thousand arrivals, down 98.2% compared to the same period last year.

6. Price index

Consumer price index, gold price index and US dollar

The price of food and foodstuff decreased due to plentiful supplies; the decrease in the price of electricity and water for a living according to consumption demand were the reasons causing the consumer price index (CPI) in April 2021 to decrease by 0.04% from the previous month, increased by 1.27% compared to December 2020 and increased by 2.7% over the same period last year. On average, in the first 4 months of 2021, CPI increased by 0.89% over the same period last year, the lowest increase since 2016[7]; core inflation in 4 months increased by 0.74%.

CPI of April 2021 decreased by 0.04% from the previous month. The average CPI of the first 4 months in 2021 increased by 0.89% compared to the same period in 2020. CPI of April 2021 increased by 1.27% compared to December 2020 and by 2.70% over the same period last year.

Core inflation in April 2021 increased by 0.07% over the previous month and increased by 0.95% over the same period last year. The average core inflation of the first 4 months of 2021 grew by 0.74% compared to the same period of 2020.

The domestic gold price fluctuated in the opposite direction of the world gold price. The gold price index in April 2021 decreased by 1.9% over the previous month; fell by 2.51% over December 2020 and increased by 13.84% over the same period last year. The US dollar price index in April 2021 increased by 0.29% over the previous month; went up by 0.18% over December 2020 and decreased by 1.35% over the same period last year.

Input producer price index

Input producer price index in April 2021 increased by 0.37% over the previous month and increased by 4.47% over the same period last year, of which input producer price used for agricultural, forestry and fishery production increased by 0.89% and by 7.82%; for industrial production rose by 0.32% and by 4.49%; for construction grew by 0.18% and by 2.06%. Generally, in the first 4 months of this year, input producer price used for production increased by 4.64% over the same period last year, of which input producer price used for agriculture, forestry and fishery production rose 6.77%; for industrial production increased by 4.95%; for construction went up by 1.95%.

7. Some social situation

People’s living standards in April and the first four months of this year are generally stable, as a result of the Government’s social security policies and measures to support near-poor households. April 2021 is the 10th consecutive month that hunger does not arise nationwide.

The epidemic of Covid-19 in the world continues to be complicated[8]. The 5 countries with the highest number of Covid-19 cases in the world were the United States, India, Brazil, France and Russia. In Vietnam, as of 6:00 am on April 28th, 2021, there were 2,857 cases have been reported, 2,516 cases have been cured (35 deaths).

Traffic accidents nationwide in the first 4 months of 2021 occurred 4,220 traffic accidents, including 2,722 traffic accidents of less serious or more and 1,498 traffic crashes, making 2,165 deaths, 1,461 injured and 1,652 slightly injured. On average, 1 day in 4 months, there were 35 traffic accidents nationwide, including 23 traffic accidents of less serious or more and 12 traffic crashes, causing 18 deaths, 12 injured and 14 slightly injured.

Natural disasters occurred in the first 4 months of 2021, killing 7 people and missing, injuring 7 people; 1,246 houses collapsed and were damaged; 4.1 thousand cattle and poultry died; 711.2 ha of rice and 659.3 ha of crops were damaged; total property damage was estimated at 86.4 billion dongs, down by 96.6%.

In April 2021, the whole country had 162 cases of fire and explosion, killing 13 people and injuring 9 people, and damage was estimated at 76.7 billion dongs. Generally, in 4 months, the whole country happened 788 cases of fire and explosion, killing 34 people and injuring 48 people, the damage was estimated at 237.9 billion dongs./.

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

[2] The growth rates of newly-established enterprises in the first four months of the year 2017-2021 are respectively: up 14%; an increase of 4.3%; growth of 4.9%; down 13.2%; climbing up 17.5%.

[3] Compared to the same period last year, the number of enterprises increased by 88.5%; the registered capital up 91,7%; the number of employees increased by 31.4%.

[4] Data in April 2021 meeting by an interdisciplinary team consisting of the Ministry of Industry and Trade, the Ministry of Planning and Investment, the State Bank of Viet Nam, the General Department of Customs and the General Statistics Office meeting estimates based on export turnover figures, import as of April 26, 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 April 28, 2021.

[5] The trade surplus in March 2021 was estimated at 400 million USD.

[6] In which, in the first four months of 2021, the trade surplus to the EU reached 7.3 billion USD, rose by 19.3% over the same period last year; trade deficit from China was 16.3 billion USD, went up 68.2%; trade deficit from South Korea was 10 billion USD, going up 20.5%; trade deficit from ASEAN was 5.4 billion USD, increased by 194.1%.

[7] CPI growth rate in the first 4 months over the same period last year of period of 2016-2021: 1.41%; 4.8%; 2.8%; 2.71%; 4.9%; 0.89% respectively.

[8] As of 6:00 on April 28th, 2021, in the world, there were 149,289.9 thousand cases of Covid-19 (3,147.2 thousand deaths).