Socio-economic situation in the fourth quarter and 2023

In 2023, the world economy continues to face many difficulties and challenges. Strategic competition between powerful countries is becoming more intense and comprehensive, increasing geopolitical tensions; The Russia-Ukraine conflict is complicated, and fighting in the Middle East has negatively impacted the world economic recovery process after the Covid-19 epidemic.

Infographic social-economic situation in January of 2024

As of January 15, 2024, the whole country had planted 1,821.4 thousand hectares of spring rice, equal to 96.9% of the same period last year. Of which, northern localities reached 63.4 thousand hectares, equal to 66.6% due to the 2024 crop calendar being later than 2023; Southern localities reached 1,757.9 thousand hectares, equal to 98.5%

Consumer price index, gold and USD price indexes in January of 2024

Some localities increased the price of medical services according to Circular No. 22/2023/TT-BYT, the main reason causing the consumer price index (CPI) in January 2024 to increase by 0.31% compared to the previous month due to Vietnam Electricity Group adjusting the average retail electricity price and domestic rice prices continuing to increase according to export rice prices.

Index of industrial production in December of 2023

The index of industrial production (IIP) continued its upward trend in the fourth quarter, of which December 2023 was estimated to increase by 0.1% over the previous month and by 5.8% over the same period last year.

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