PM Nguyen Xuan Phuc chairs the monthly Government meeting for July, Ha Noi, July 31, 2018 - Photo: VGP/Quang Hieu |
Infographics: Socioeconomic performance in first 7 months of 2018
Trade surplus hits US$3.1 bln in seven months
Based on the report of the Ministry of Planning and Investment, the Consumer Price Index (CPI) in July slightly decreased 0.09% against the previous month after two months posting a high increase. The average growth of CPI in seven months picked up 3.45% and the basic inflation rate saw a year-on-year increase of 1.36%.
As of July 20, the credit growth rose 7.69% while the Viet Nam Stock Market (VN-Index) closed at 934.08 points on July 24 and the market capitalization up 8.3% against in 2017.
The total registered Foreign Direct Investment (FDI) was estimated at US$23 billion, up 4.6% and the FDI disbursement exceeded US$9.8 billion, up 8.8%.
Despite the decrease in the number of new firms in July (down 3.5%), the registered capital of newly-established enterprises picked up 29%.
As many as 75,800 new firms were recorded nationwide over the recent seven months, registering the capital of VND771,000 billion, up 3.9% and 6.4% in terms of the number and capital, respectively.
The number of enterprises stopped operating and waited for dissolution was 40,000, up 45.6%.
The Index of Industrial Production (IIP) growth in July witnessed a sharp increase of 14.3% against the same period last year.
Remarkably, the trade surplus in seven months achieved US$3.1 billion, equal to 2.3% of the total export value.
By Thuy Dung