Although the economy still has many difficulties due to the impact of the global economy crisis, lately, the whole nation has striven for implementing measures for preventing recession, stimulate and support business, stabilize macro economy, restrain inflation and ensure social security. During the first 11 months of 2009, the results of industrial production, FDI attraction and export turn-over were fair.
Industrial production value at October increased 3.2 % in comparison to September with 11.9% increased . In general, in the pre-year 10 months, it increased 7% in the same last year period. In which, state economic area increased 3.6%, outside-state economic area increased 8.9%, area with state investment capital increased 7.4%. Industrial production gradually recovered the development rate continuously, the later month had the better rate than months in the same period. Some units had the higher industrial production rate in ten months than the industry’s average. The Electricity Corp.: 11.5%, Agricultural & Motive machines General Company: 16.2%, Machines & Industrial equipments General Company: 22%, Electronic – computer JSC: 18.4%, Hanoi beer-wine-beverages JSC: 22%, Saigon beer-wine-beverages JSC: 16.4%, Plastic JSC: 22.8%. Some places own the higher increasing industrial production rate in 10 months than the average: Hanoi: 8.1%, Quang Ninh: 13.5%, Thanh Hoa:12.1%, Khanh Hoa: 8%, Ho Chi Minh city: 7.2%, Binh Duong: 8.5%, Dong Nai: 8,9%, Baria-Vung Tau: 9.9%, Can Tho: 9.1%...
Export turn-over in November achieves about 4.8 billion USD (12.9% increased in comparison to November 2008), cumulative export turn-over in pre-year 11 months is 51.4 billion USD, 11.4% decreased compared with the same period in 2008. The main reason is the remarkably decrease of the world price. In details, exporting agricultural and sea products in 11 months is 11.2 billion USD, decrease 8.6% with the same period (in which decrease because of the price reason: 2.48 billion USD, increase by quality 1.53 billion USD). Fuel and minerals products get 7.8 billion USD, decrease 36.6% (in which decrease because of the price reason: 5.46 billion USD, increase by quality 94 million USD). Industrial processing products get 32.4 billion USD, decrease 3.1%.
Import turn-over in November is 6.55 billion USD, increases 39.8% compared with November 2008. In general, in 11 months, import is total 61.6 billion USD, decreases 17.9% with the same period in 2008.
In terms of FDI attraction and FDI disbursement, according to Ministry of Planning and Investment, with regard to FDI attraction, both newly financed capital and additional capital, the country has attracted 19.7 billion USD, equivalent to 28% in comparison with the same period of year 2008. In which, there have been newly granted 776 projects of Certificate of Investment with registered capital of 14.6 billion USD, reaching 22,4% in comparison with the same period of the previous year and 213 projects with additional registered capital of 5.09 billion USD equivalent to 98.3% in comparison with the same period. Some locations have attracted much FDI capital in last 11 months, namely: Ba Ria – Vung Tau, Quang Nam, Binh Duong, Dong Nai and Ho Chi Minh city with registered capital of 6.73 billion USD, 4.1 billion USD, 2.5 billion USD, 2.35 billion USD and 1.58 billion USD respectively.
Most notably is that in last 11 months, FDI projects on national scale have been disbursed 9 billion USD as expected equivalent to 89.6% in comparison with the same period of year 2008. Comparing with 10 billion USD-disbursement target of year 2009, it is likely to implement FID capital in this whole year. In general, FDI projects have been confirmable with the expected progress.
Consumer price index (CPI) in November has boosted 0.55% in comparison with October, increasing 4.35% in comparison with November of year 2008. It is forecasted that CPI has been boosting at 7% level.
According to General Statistics Office of Vietnam, CPI of November increases 10 in 11 commodity groups with increase level ranging from 0.03 to 0.87%. As for group of post and communications, its CPI increases 0.05%. Catering sector increases 0.87% on the first rank, caused by the increase in price 2.22%, followed by group of sector of foodstuff and sector of housing and building material with the increase level of 0.62% and 0.75% respectively.
Especially, in November, gold price has had strong movement, reaching increase level of 10.08 in comparison with October and this is the highest level up to this time.