SUMMARY
 
In Q1-2024, GDP increased by 5.66% over the same period. Thanks to the significant improvement of the construction sector and industrial production sector (especially export sectors).
 
The IIP index of the entire industrial sector in Q1 also increased more positively than in many previous months, and increased in most major industry groups, except beverage production and mining.
 
Export value and trade balance both set new records compared to the same period last year. Export value reached USD93 billion, up 17% over the same period.
 
Positive results from the first quarter of the year will be the driving force to create momentum for growth in the following quarters and reduce pressure in reaching the GDP growth target of 6.5% in 2024.
 
However, it should also be noted that: The retail sector has increased but still slowly. In the manufacturing sector, for some product groups, production output increased, but the unit selling price of the product remained low, and/or competitiveness in the industry was high.
 
TABLE OF CONTENTS  
 
A. GENERAL PERCEPTION
 
B. OVERVIEW OF MACROECONOMIC INDICATORS
 
C. A BRIEF OVERVIEW OF SOME INDUSTRIES
 
D. VIETNAM MACROECONOMICS
Gross domestic product (GDP)
Consumer Price Index (CPI) & Price movements of some essential goods
Domestic production situation
The scale of domestic sales
Import and export 
Investment (Investment of the public sector, private sector, & FDI)
Business registration status
State budget
 
E. FINANCIAL MARKET
Credit system
Corporate Bonds
Government Bonds
Stock market
 
F. UPDATE OF SOME KEY INDUSTRIES
Insurance
Electricity
Tourism
Transportation & Logistics
Steel
Cement
Textile, Garment and Footwear
Fertilizer
Animal feed
Animal husbandry
Seafood
Rubber
Agricultural products
 
G. COMMODITY PRICE
Currency pairs
Crude oil prices & Some types of commodities
International freight rates