02/08/2023
📣📣𝐕𝐢𝐞𝐭𝐧𝐚𝐦'𝐬 𝐄𝐜𝐨𝐧𝐨𝐦𝐲: 𝐒𝐢𝐠𝐧𝐬 𝐨𝐟 𝐎𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐛𝐮𝐭 𝐍𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬📈📉 𝐑𝐞𝐦𝐚𝐢𝐧📣📣
𝐚. 𝐑𝐞𝐭𝐚𝐢𝐥 𝐨𝐟 𝐠𝐨𝐨𝐝𝐬 𝐚𝐧𝐝 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞:
The total retail of goods and consumer service revenue in July reached VND 512.2 trillion, an increase of 1.1% compared to the previous month and a 7.1% increase compared to the same period last year. In the first 7 months of 2023, the total retail of goods and consumer service revenue at current prices is estimated at VND 3,529.8 trillion, a 10.4% increase compared to the same period last year (compared to the same period in 2022, it increased by 15.7%), excluding the factor of a 9.6% price increase (compared to a 11.7% increase in 2022). According to Ms. Le Viet Nga, Deputy Head of the Domestic Market Department, Ministry of Industry and Trade:
"Domestic consumption continues to be one of the pillars for economic development in Vietnam and contributes to the economic recovery after the Covid pandemic. Consumers are very enthusiastic about consuming domestically produced goods. In addition, the Ministry of Industry and Trade always pays attention to market stabilization, for example, during occasions with potential price increases such as Tet (Lunar New Year) or months with storms and floods, there are always programs to mobilize localities and businesses to participate in market stabilization programs. Moreover, we rely entirely on domestically produced goods to be proactive in all situations."
𝐛. 𝐄𝐱𝐩𝐨𝐫𝐭 𝐨𝐟 𝐠𝐨𝐨𝐝𝐬:
The export turnover of goods in July reached USD 29.68 billion, an increase of 0.8% compared to the previous month and a decrease of 3.5% compared to the same period last year. In the first 7 months of 2023, the export turnover of goods is estimated at USD 194.73 billion, a 10.6% decrease compared to the same period last year. The United States is Vietnam's largest export market with an estimated turnover of USD 52.4 billion.
The import turnover of goods in July reached USD 27.53 billion, an increase of 4.4% compared to the previous month and a decrease of 9.9% compared to the same period last year. In the first 7 months of 2023, the import turnover of goods is estimated at USD 179.5 billion, a 17.1% decrease compared to the same period last year. China is the largest import market for Vietnam with an estimated turnover of USD 58.6 billion.
𝐜. 𝐓𝐨𝐮𝐫𝐢𝐬𝐦:
In July 2023, Vietnam welcomed over 1 million international visitors, an increase of 6.5% compared to the previous month and 2.9 times higher than the same period last year. In the first 7 months of 2023, Vietnam welcomed over 6.6 million international visitors, 6.9 times higher than the same period last year but still only 67.5% compared to the same period in 2019, before the Covid-19 pandemic.
In conclusion, Vietnam's trade has begun to regain momentum, but the growth rate is still slow, and the achieved results are lower than the same period in 2022.
However, Vietnam's growth rate remains appropriate given the context of complex global security and economic changes. The economic growth rate may not meet expectations, but it is still a promising sign of Vietnam's internal strength.
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𝐃𝐕𝐋 𝐈𝐏𝐓 𝐈𝐍𝐕𝐄𝐒𝐓𝐌𝐄𝐍𝐓 𝐏𝐑𝐎𝐌𝐎𝐓𝐈𝐎𝐍 𝐀𝐍𝐃 𝐓𝐑𝐀𝐃𝐄., 𝐉𝐒𝐂
𝐀𝐝𝐝𝐫𝐞𝐬𝐬: 𝐇𝟖, 𝐋𝐚𝐧𝐞 𝟖𝟎, 𝐓𝐫𝐮𝐧𝐠 𝐊𝐢𝐧𝐡, 𝐘𝐞𝐧 𝐇𝐨𝐚, 𝐂𝐚𝐮 𝐆𝐢𝐚𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐜𝐭, 𝐇𝐚 𝐍𝐨𝐢 𝐂𝐢𝐭𝐲.
𝐄𝐦𝐚𝐢𝐥: 𝐢𝐧𝐟𝐨.𝐢𝐩𝐭@𝐝𝐯𝐥𝐠𝐫𝐨𝐮𝐩.𝐯𝐧
