Transcript 2. Overview of Economy in Vietnam

DEPARTMENT OF INTERNATIONAL TRADE PROMOTION
MINISTRY OF COMMERCE. ROYAL THAI GOVERNMENT
VIETNAM COMMERCIAL
OPERATIONS REPORT
(January – September 2013)
Contents
1
Vietnam basic information
2
Overview of Economy in Vietnam
3
Trade Volume between Vietnam and Global
4
Evaluation
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
1. Vietnam basic information
Official
name
Official
languague
Population
The Socialist Republic of Vietnam
Vietnamese
88.78 millions habitants as of 2012 (Male: 43.92 mil; Female: 44.86 mil)
• Workforce over age of 15: 52.58 mil (Male: 51.3%; Female: 48.7%)
• Jobless rate: 3.25%
• Currency: VND
Economy
Religion
• GDP (nominal): US $138 billions, GDP (nominal) per capita: US $1.527 (2012)
• Inflation rate: 6.81% (2012)
• Buddhism (7.66%), Catholic (6.39%), Hoa Hao (1.61%), Cao Dai (0.91%)..
• Irreligion: 82.37% (2009)
2. Overview of Economy in Vietnam
GDP during first 9 months of 2013
(according to curent price)
Sector
Value
(billion VND)
Percentage
(%)
Agriculture, Forestry and Fishery
432.015
17.85
Industry and Construction
916.616
37.86
1.072.250
44.29
2.420.881
100.00
Service
Total
(Source: Vietnam General Statistic Office)
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
2. Overview of Economy in Vietnam
GDP growth rate during first 9 months of 2013
GDP growth rate (%)
Items
2011
2012
2013
3.74
2.50
2.39
Industry and Construction
6.75
5.76
5.20
Service
6.43
5.66
6.25
Total
6.03
5.10
5.14
Agriculture, Forestry & Fisheries
(Source: Vietnam General Statistic Office)
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
2. Overview of Economy in Vietnam
CPI situation
(Sept 2012 – Sept 2013)
(Source: Vietnam National Financial Supervisory Commission)
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
2. Overview of Economy in Vietnam
CPI during first 9 months of 2013
No.
Items
Growth rate (%)
1
Food & Service
102.02
2
Beverage and Cigarette
104.20
3
Apparel, Hat and Shoes
108.24
4
Appartment and Construction
component
104.95
5
Houseware products
105.25
6
Medicine and Medical service
154.91
7
Traffic
105.13
8
Postal & Telecommunications
99.54
9
Education
114.98
10
Culture, Entertainment and Tourism
104.12
11
Others Products and Services
107.51
Total
106.83
(Source: Vietnam General Statistic Office )
2. Overview of Economy in Vietnam
Investment during first 9 months of 2013
Value
(1000 Billions VND)
Percentage (%)
Growth rate (%)
State-Owned
Enterprises (SOEs)
297.3
39.3
104.2
Private Enterprises
280.0
37.1
108.5
FDIs
178.6
23.6
105.6
Total
755.9
100.0
106.1
(Source: Vietnam General Statistic Office)
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
2. Overview of Economy in Vietnam
Foreign direct investment (FDI) licensed from 01/01- 20/09/2013
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Countries
Singapore
South Korea
Japan
Russia
HongKong
Thailand
Taiwan
Cayman
China
UK
Germany
Australia
US
Denmark
Neitherland
France
No. of Project
72
247
210
8
41
22
41
2
53
6
15
16
24
4
14
13
Registed Capital
(Million USD)
2695
2237
1123
1018
584
316
287
264
169
124
88
66
49
41
39
36
(Source: Vietnam General Statistic Office)
3. Trade Volume between Vietnam and Global
Trade Statistic during first 9 months (2008 – 2013)
100,000
80,000
60,000
Export
Xuất
khẩu
40,000
Import khẩu
Nhập
Trade
Cân
đối
Balance
20,000
9T/2008 9T/2009 9T/2010 9T/2011 9T/2012 9T/2013 (9 months)
(20,000)
(Source: Vietnam Ministry of Industry and Trade)
3. Trade Volume between Vietnam and Global
Trade statistics between Vietnam and Global
during first 9 months of 2013
Unit: Billion USD
Items
Trade Volume
2013
2012
167.006
193.050
Export
83.385
96.463
Import
83.621
96.587
-236
-124
Trade Balance
(Source: Vietnam Ministry of Industry and Trade)
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
3. Trade Volume between Vietnam and Global
Trade statistics between Vietnam and Thailand
during first 9 months of 2013
Unit: Million USD
Items
2012
2013
Trade Volume
6.159
6.890
Export
1.911
2.321
Import
4.249
4.569
-2.338
-2.248
Trade Balance
(Source: Vietnam Ministry of Industry and Trade)
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
3. Trade Volume between Vietnam and Global
Total retail sales during 9 months of 2013
Unit: Billion VND
2013
No
I
1
2
3
4
5
II
1
2
3
4
Items
9 MONTHS
2012
2013
Growth rate
(%)
PERCENTAFGE
(%)
Aug
Sept
Growth rate
(%)
21,791
2,257
109,391
78,004
7,753
21,986
2,302
112,046
79,101
7,853
100.9
102.0
102.4
101.4
101.3
207,158
17,428
833,683
610,919
48,206
192,192
20,223
972,896
681,416
65,285
92.8
116.0
116.7
111.5
135.4
9.9
1.0
50.4
35.3
3.4
219,196
167,861
26,803
1,848
22,683
219,196
223,288
171,601
26,993
1,864
22,830
223,288
101.9
102.2
100.7
100.9
100.6
101.9
1,717,394
1,325,895
202,638
17,587
171,274
1,717,394
1,932,012
1,484,290
233,039
18,003
196,680
1,932,012
112.5
111.9
115.0
102.4
114.8
112.5
76.8
12.1
0.9
10.2
100.0
In term of economic
categories
State-Owned
Enterprises (SOEs)
Group
Individual
Personal
FDIs
In term of
economics sectors
Commercial
Hotel. Restaurant
Tourism
Services
Total
(Source: Vietnam Ministry of Industry and Trade)
VIETNAM EXPORT SITUATION
Exportation in terms of product 9/2013
(Unit: Million USD)
2013
No
I
1
2
II
Total
State-Owned Enterprises
FDIs
- Including crude oil
- Excluding crude oil
Main Product
A
Agriculture, Forestry & Fisheries
products
(Rice, Rubber, Coffee.…)
B
Fuel and Mental
(Coal, Crude Oil, Fuel...)
C
Processing industry
(Candy and Cereal, Chemical product,
Shoes, Aparel, Wood product,…)
D
Other product
Aug
Sept
11,923
3,991
11,300
3,806
7,932
7,494
7,289
6,900
1,767
1,682
768
766
8,445
942
9 months
Percentage
(%)
Percentage
(%)
2012
2013
83,385
31,142
96,463
32,514
115.7
104.4
52,243
63,949
122.4
46,008
58,449
127.0
15,759
14,728
93.5
95.2
8,723
7,235
82.9
7,887
99.8
53,209
67,243
126.4
965.3
93.4
5,695
7,256
127.4
Value
94.8
95.4
94.5
94.7
(Source: Vietnam Ministry of Industry and Trade)
VIETNAM EXPORT SITUATION
Exportation in terms of market 9/2013
(Unit: Million USD)
2013
No
I
COUNTRY
Asian
1 South East Asia
2 East Asia
3 Middle South Asia
4 West Asia
II
Europe
1 EU 27
2 East, South Europe
III
America
1 North America
2 South America
3 Latin America & Caribes
IV Africa
1 North Afica
2 Other African countries
V
VI
Australasia
Other Markets
Total
9 months
Aug
Sept
11,923
6,125
1,614
3,620
276
615
2,384
2,142
242
1,987
1,729
18
240
218
11,300
5,857
1,543
3,466
262
586
2,266
2,036
229
1,922
1,678
17
227
208
Percentage
(%)
94.8
95.6
95.6
477.9
94.9
95.3
95.0
95.0
94.9
96.7
97.0
94.9
94.6
95.5
34
33
95.3
184
361
847
176
342
706
2012
2013
83,385
44,041
12,425
27,096
1,614
2,907
16,237
14,231
2,006
16,905
15,406
77
1,421
1448
96,463
49,713
13,986
28,609
2,302
4,816
19,793
17,887
1,906
19,177
17,174
125
1,877
1541
Percentage
(%)
115.7
112.9
112.6
105.6
142.6
165.7
121.9
125.7
95.0
113.4
111.5
162.8
132.1
106.5
344
307
89.1
95.5
1,103
1,235
111.9
94.7
2,361
2,582
109.4
83.3
2,393
3,656
152.7
(Source: Vietnam Ministry of Industry and Trade)
VIETNAM IMPORT SITUATION
Importation in terms of product 9/2013
Unit: Million USD
2013
PRODUCTS
No
AUG
I
Total Value
9 MONTHS
PERCENTAGE
(%)
SEP
2012
2013
PERCENTAGE
(%)
11,319
11,600
102.5
83,621
96,587
115.5
SOEs
4,967
5,100
102.7
39,960
42,088
105.3
FDIs
6,352
6,500
102.3
43,660
54,499
124.8
II
Main Products
A
Products need importing (Wheat.
soybean. milk. medicine and chemical
product. car. phone. mobilephone.…)
9,973
9,984
100.1
73,630
84,742
115.1
B
Import products need controlling
(vegettable. gems. precious metal. …)
375
385
102.8
3,246
3,344
103.0
489
455
93.1
3,804
4,318
113.5
482
776
160.9
2,941
4,184
142.3
D
Limited import products
(Motobike. cellphone. …)
Other products
III
Import surplus - Export surplus
-604
300
236
124
Import surplus- Export surplus Rate
-5.1
2.7
0.3
0.1
C
(Source: Vietnam Ministry of Industry and Trade)
VIETNAM IMPORT SITUATION
Importation in terms of market
Unit: Million USD
2013
No
I
COUNTRY
Asia
South East Asia
East Asia
South Middle Asia
West Asia
II Europe
EU 27
Some of West. East and North
Europe
III America
North America
Latin America and Caribe
IV Africa
North Africa
Other African countries
V Australasia
VI Other Markets
Total
Aug
Sep
11,319
9,030
1,771
6,768
231
260
1,070
11,600
9,276
1,825
6,947
237
267
1,098
923
147
726
417
309
59
947
151
744
427
317
61
59
191
242
61
197
225
9 months
Percentage
(%)
2012
2013
83,621
66,457
15,434
47,506
1,775
1,742
7,505
96,587
77,943
15,860
57,749
2,236
2,099
8,550
102.4
102.5
102.4
102.6
103.5
6,303
1,202
5,869
3,976
1,894
255
7,273
1,277
6,281
4,141
2,139
382
103.5
102.9
92.9
255
1,646
1,889
382
1,475
1,957
102.5
102.7
103.1
102.6
102.6
102.7
102.6
102.6
Percentage
(%)
115.5
117.3
102.8
121.6
126.0
120.5
113.9
115.4
106.3
107.0
104.2
113.0
149.6
149.6
89.6
103.6
(Source: Vietnam Ministry of Industry and Trade)
4. Evaluation
 Affected by world economy
 A decline of purchasing power, of agricultural products price
 Difficulties in exporting
 Unfavorable weather
Thai Trade Center HCM
8th floor. Unit 4. Saigon Center Building
65 Le Loi Boulevard. Dist 1. HCMC
Tel: + 84 8 39141838
Fax: + 84 8 39141864
Email: [email protected]
DEPARTMENT OF INTERNATIONAL TRADE PROMOTION
MINISTRY OF COMMERCE. ROYAL THAI GOVERNMENT