Our country's socio-economic development in the first six months of 2022 prospered in most industries and fields. Some industries had higher growth rates before the Covid-19 pandemic appeared, such as manufacturing industry, export of goods, etc.
Our country's socio-economic development in the first six months of 2022 prospered in most industries and fields. Some industries had higher growth rates before the Covid-19 pandemic appeared, such as the Processing and manufacturing industry, total retail sales of consumer goods and services, export of goods, etc.
In the general growth of the whole economy, the agriculture, forestry and fishery sector increased by 2.78%, contributing 5.07%; the industry and construction sector increased by 7.70%, contributing 48.33%; service sector increased by 6.60%, contributing 46.60%. In the area of agriculture, forestry and fishery, the livestock industry has developed stably.
Industrial manufacture in the second quarter of 2022 grew quite well because business activities of enterprises were maintained and gradually recovered, the growth rate of value added was estimated at 9.87% over the same period last year. Generally, in the first 6 months of 2022, the value added by the industry increased by 8.48 % over the same period last year, of which the manufacturing industry increased by 9.66%.
In June, the whole country had nearly 13.3 thousand newly established enterprises with registered capital were 121.1 trillion VND and a total number of registered employees of 77.1 thousand employees. Compared to the same period last year, an increase of 17.3% in the number of enterprises, a decrease of 26.3% in registered capital, and an increase of 7.3% in the number of employees.
Traveling and tourism revenue in the first 6 months of 2022 increased by 94.4% over the same period last year16 due to tourism activities recovering strongly, especially the boom of domestic tourism in the second quarter of this year. The revenue of some localities was as follows: Khanh Hoa increased by 627.8%; Can Tho increased by 183.9%; Hanoi increased by 129.3%; Da Nang increased by 98.5%; Quang Nam increased by 67.8%; Ho Chi Minh City increased by 49.1%.
Implementing the Government's socio-economic recovery and development program, the State Bank of Vietnam continues to keep the operating interest rates unchanged, creating favorable conditions for credit institutions to reduce lending interest rates, supporting the economic recovery. The realized social investment capital in the first six months of 2022 at the current price was estimated at 1,301.2 trillion VND, up 9.6% over the same period last year.
The total export and import turnover of goods in June 2022 was estimated at 65.02 billion USD, up 2.3% over the previous month and 18.1% over the same period last year. Generally, in the first 6 months, total import-export turnover was estimated at 371.17 billion USD, which rose by 16.4% over the same period last year, of which export turnover increased by 17.3%; import turnover increased by 15.5%24 . The trade balance of goods in the first 6 months of 2022 was estimated to have a trade surplus of 710 million USD.
Average CPI in the second quarter of 2022 increased by 2.96% compared to the second quarter of 2021. On average, in the first 6 months, CPI increased by 2.44% over the same period last year; core inflation increased by 1.25%.
Global inflationary pressure tends to increase due to the impact of economic, geopolitical, armed conflicts and fiscal and monetary easing measures in 2020-2021. In the country, the economy recovered clearly, the demand for production of goods for consumption increased, the commodity market was affected by price fluctuations on the world market.
The unemployment rate and the underemployment rate among working age decreased compared to the previous quarter and compared with the same period last year. The employed population aged 15 years and over were 50.3 million people, including 13.9 million people working in agriculture, forestry and fishery, a decrease of 0.2 % compared to the same period last year; the industry and construction sector was 16.8 million people, up 2.7%; service sector was 19.6 million people, up 0.04%.
According to preliminary results from the Household Living Standards Survey in the first 6 months of 2022, the living conditions of the population are increasingly improving. Social security work is concerned by all levels from central to local levels. According to reports from the locality, the value of gifts for social protection beneficiaries from the budget and socialization was nearly 1.7 trillion VND.
For general education, due to the impact of the Covid-19 epidemic, some localities had to delay the end of the school year compared to the plan. As of June 25, 2022, there were 23,148 general schools that have ended the school year, reaching 88% of the number reported at the beginning of the year; there are nearly 15.4 million pupils of the general school, reaching 85.8% and 712.1 thousand teachers directly teaching, reaching 87.6%.
In the first 6 months of 2022, there were 5,684 traffic accidents nationwide, including 3,956 traffic accidents of less seriousness or more and 1,728 traffic collisions, causing 3,286 deaths, 1,956 injured and 1,740 minor injuries. Compared to the same period last year, the number of traffic accidents in the first 6 months of 2022 decreased by 10.4%.
Although the Covid-19 epidemic has been controlled in Vietnam, with new variants, there may be complicated developments in the world. Therefore, Vietnam’s economy in the last six months of 2022 continues to face many difficulties. To achieve the goal of growth, control inflation, and ensure the people’s life, it needs the joint efforts and consensus of the Party, the National Assembly, the Government, businesses, and the people of our country.
Source: General Statistics Office
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