Chairing the event, Minister-Chairman Tran Van Son reported that despite a shorter working month, the country's socio-economic situation continued to recover in January, with macroeconomic stability maintained, inflation put under control, and major economic balances ensured.
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Minister-Chairman of the Government Office Tran Van Son speaks at the office's regular monthly press conference on the January socio-economic situation. |
According to the Government’s spokesperson, the consumer price index (CPI) and core inflation increased by 3.63% and 3.07% year-on-year, respectively. The monetary, credit, and foreign exchange markets were stable, ensuring sufficient capital supply for the economy. As of January 20, total mobilized capital decreased by 0.43%, while credit for the economy rose by 0.08%, compared to the end of 2024.
State budget revenue for January was estimated at 275.9 trillion VND (10.96 billion USD), reaching 14% of the annual target and up 3.5% year-on-year. Meanwhile, state budget expenditure stood at 134.4 trillion VND, accounting for 5.3% of the target and increasing by 4.8% annually.
Registered foreign direct investment (FDI) exceeded 4.3 billion USD, 48.6% higher than that of the same period last year. Disbursed FDI reached over 1.5 billion USD, up 2%. Trade remained smooth, with total import-export turnover estimated at 63.15 billion USD, down 10.5% from the previous month and 3.5% year-on-year. The first month also saw a trade surplus of approximately 3 billion USD.
The industrial sector saw positive growth, with the index of industrial production (IIP) posting an annual rise of 0.6%. The service sector also performed well, with total retail sales of goods and consumer service revenue up by 9.5%.
Concerning business registration data, nearly 10,700 new enterprises were established in the month, a decrease of 30.3% year-on-year. However, the number of businesses resuming operations surged by 65.2% to nearly 22,800.
Major economic balances, energy security, and food security remained stable, with fiscal deficit, public debt, government debt, and national external debt all kept within safe limits.
Source: VNA