National economy on track of quick recovery
VGP – In 2009, while most of economies worldwide suffered a negative growth rate, Việt Nam managed to name itself among few countries attaining a relatively high figure of 5.32%. This basic indicator proves the vigorous recovery of Vietnamese economy.
The
information was presented in a report made by Minister of Planning and
Investment Võ Hồng Phúc at the year-end regular meeting of the Government on
January 4 and 5.
Industry grew 7.6%
Industrial production
recovered quite quickly thanks to great efforts and sound solutions of the
Government, and authorities at different levels, especially through providing
interest rate subsidies; enlarging domestic market; and launching the “Buy Việt
High growth rates were seen
in some products, namely air conditioners (41.8%); LPG (39.3%); freezers (29.5%);
cement (19.2%); and steel (19.1%).
Food productivity hit
record
The total productivity of
grainy food crops is estimated to reach 43.33 million tons, including 38.9 million
tons of rice, which surpassed the 12-year record high made in 2008 by 0.4%.
Over 42,800 ha of rubber
were planted in northern mountainous provinces, the Central Highlands and the
southern province of Bình Phước. The figures for tea and coffee were 2,600 ha and
6,100 ha respectively.
With
a rice productivity of 38.9 million tons in 2009, food security is guaranteed
Posts and
telecommunication revenue up 39.7%
The number of new
subscribers last year was 41.7 million, 40.8% higher than 2008. By late
December 2009, Việt
Internet users reached 22.9
million by late December, up 10.3% in comparison to late 2008. The total net
revenue from post and telecommunication services is estimated at VND 94.9 trillion,
up 39.7%.
Lowest CPI in six years
Consumer price index was
quite stable in 2009, increasing over 1% in February and December only. The
December index rose up 6.52% against the same period of 2008, much lower than the
NA-approved target of 10%.
On average, CPI increased
by 6.88% in 2009 compared with 2008, the lowest in the recent 6 years (2004: 7.71%,
2005: 8.29%, 2006: 7.48%, 2007: 8.3%, and 2008: 22.97%).
Export rocketed up at
the year end
Due to the shrinkage of the
global consumption, many commodities sharply dropped in prices, resulting in the
export turnover of nearly US $41.4 billion in the first three quarters, down 14.8%
compared with 2008.
However, in the last months,
the wind hauled. Exports brought back nearly US $4.7 billion in November and US
$5.25 billion in December.
Việt Nam’s major exports all
increased, in which textiles and apparels went up by US $90 million, rice US $80
million; footwear US $77 million; coffee US $67 million; and crude oil US $33 million.