Socio-economic overview in November and the first eleven months of 2010

REPORT ON SOCIO-ECONOMIC OVERVIEW OF JANUARY OF 2010

THE OVERVIEW:

I. ECONOMY:

1. Manufacturing:

1.1.           Industrial production:

The estimated industrial output in gis 8479.4 bill. dongs, up 1.4% against the previous month (December 2009), rising 25.3% compared to the same period (January 2009)

Specifically, the Central State Ownership gains, in January 2010 , 864.8 bill. dongs , down 1.2% against the previous month, up 11.5% compared to January 2009. 32 out of 34 enterprises have their production output increased compared to January 2009.

The local State ownership gains, in January 2010, 309.8 bill. dongs , down 2.3% against the previous month, up 12.6% compared to January 2009. 11 out of 11 industrial sectors  and 12 out of 20 enterprises have their production output increased compared to December 2009.

The non-state ownership gains, in January 2010, 1043 bill. dongs , up 1.4% against the previous month, up 27.2% compared to January 2009. This increase is due to the fact that this period is near Lunar New Year so the consumption demand is higher than previous months and enterprises also increase their production, food and beverage production, for example, rises 3.3% against the previous month and 23% compared to the same period;  building material exploitation and production rises 1.2%; textile and garment rises 2.86%.

 The foreign ownership gains, in January 2010, 6261.7 bill. dongs , up 1.9% against the previous month, up 27.8% compared to January 2009. 21/22 secondary industrial sectors and 27 enterprises have their production output increased compared to January 2009.

·                     Key industrial sectors:

In January 2010, seven out of nine industrial sectors all over the province have their output value increased compared to December 2009; eight out of nine industrial sectors all over the province have their output value increased compared to January 2009. Some of sectors have higher growth rate than average, as followed:

+ Building material exploitation and production: the output falls 0.8% against the previous month and goes up 21.7% against January 2009

+ Agricultural produce and foods processing: the output goes up 2.8% against the previous month and 27.9% against January 2009

+ Textile, garment and footwear: the output goes up 2.5% against the previous month and 28.6% against January 2009

+ Wood and bamboo processing: : the output goes up 1% against the previous month and 30% against January 2009

+ Paper and Publishing: : the output goes up 2% against the previous month and 17.3% against January 2009

+ Chemicals, rubber and plastic: : the output goes up 1.3% against the previous month and 24.9% against January 2009

+ Machinery: : the output goes up 0.9% against the previous month and 24.9% against January 2009

+ Electricity and Electronics: : the output goes up 0.5% against the previous month and 17.7% against January 2009

+ Power and Water: the output falls 34.9% against the previous month and 2.4% against January 2009

2.                  Trade and service,:

2.1.1 Domestic market:

Total estimated retail sales value in January 2010 is around 4671.2 bill. dongs, up 2.6% against the previous month, and 49.9% against January 2009. Specifically:

State economic sector:

Estimated total retail sales in January 2010 is around 328.6 bill. dongs, up 3.1% against the previous month, and 41.8% against January 2009

Non state economic sector:

Estimated total retail sales in January 2010 is around 4107.3 bill. dongs, up 2.3% against the previous month, and 54.1% against January 2009

Foreign-invested sector:

Estimated total retail sales in January 2010 is around 235.4 bill. dongs, up 7.7% against the previous month, and 7.4% against January 2009

2.2.2. Market price:

Price index in January 2010 is 1.28% higher than December 2009 and 7.79% higher than January 2009

Gold and USD price index: is lower 5,45% and 0.18% than December 2009 respectively. However, the gold price had a rather dramatic increase in 2009 so in January 2010, the gold price index rises 51.93% and the USD price index goes up 11.87% against December 2009

2.3. Finance:

Budget revenues: total budget revenues in January 2010 is 1,290.288 bill.dongs, gaining 9% of the estimate, up 14% over the same period  

Budget expenditure: total local budget expenditure in January 2010 is 478.572 bill. dongs, gaining 9% of the estimate, up 56% over the same period 

2.4. Export – import:

Export:  export turnover in January 2010 is US$ 623.4 million, up 4.5% against the previous  month and 63% compared to January 2009, including the turnover gained from:

Central enterprises: US$5.3 million, , up 3% against the previous  month and 14.5% compared to January 2009

Local enterprises: US$ 27.6 million, up 4.2% against the previous  month and 17.7% compared to January 2009

Foreign invested enterprises: US$ 590.6 million, up 4.5% against the previous  month and 66.6% compared to January 2009

Import: the turnover  in January 2010 is estimated at 726.9 million USD, up 3.7% against the previous month and 2.41 times higher than the same period including from central enterprises in October 4.21 million USD (up 2.3%), from local enterprises 6.48 million USD (up 3.9%) and from foreign-invested enterprises in 716.3 million USD (up 3.7%)

3.                  Transportation:

Freight volume and freight volume traffic in January 2010 is estimated at 2348 thousand metric tons and 171,567 thousand metric tons per kilometer, rising 2.1% and 2.2% against the previous month and 4.7% and 5.1% over the same period respectively.

4.                  Development investment:

Total capital for development investment in January 2010 is around 2118 bill. dongs, achieving 6.8% of the plan, up 9% over the same period, including 1008 bill.dongs from domestic capital (6.3% of the plan, up 15.2% over the same period) and 1110 bill.dongs from foreign capital (7.3% of the plan, up 3.8% over the same period). Details are as follows:

4.1/ From the province’s budget: around 70 bill. dongs, achieving 8% of the plan, of which 51.5 bill.dongs has been disbursed till January 15 2010, gaining 6% of the plan.

4.2/ The investment capital allocated to district levels:

The allocated capital in 2010 is 761.5 bill. dongs in total, of which 38 bill. dongs are used January, achieving 5 percent of the plan (12.3 bill. dongs has been disbursed till January 15 2010, getting 1.6 percent of the plan)

5. Foreign investment attraction: the total newly registered and increasing capital, from the beginning of the year to January 20, 2010, is US$ 33.3 million, achieving 0.2 percent of the plan, up 1.8% over the same period. This capital includes 1 new project with the registered capital valued at US$ 0.5 mill and 2 capital increasing licenses with the supplement capital valued at US$ 32.8 million.

Up to November 11, 2009, there are 968 valid licenses whose registered capital is US$ 17.78 billion

6. Domestic Capital Attraction:

The total newly registered and increasing capital, up to January 20, 2010, is 15 bill.dongs, 30 percent as much as the same period or 0.06% of the plan.

Up to November 11, 2009, there are 219 domestic investment certificates whose registered capital is 109,803.6 bill. dongs.

7. Development of state enterprises:

Total capital registered from state business sectors, from the beginning of the year to January 1, 2010, estimated at 1187 bill. dongs, gaining 10% of the plan and up 76% compared to the same period. There are113 newly established enterprises with the total registered capital of 569 bill. Dongs, including 12 private (16 bill.dongs), 48 limited (149 bill.dongs), 41 one-member liability (89 bill.dongs) and 12 joint-stock (365 bill.dongs). Also, in this month, 24 turns of enterprises apply for capital supplement worth 638 bill.dongs. Moreover, 27 representative offices of enterprises inside and outside the province have applied for operation

Up to January 18, 2010, there are totally 10,200 state enterprises in the province with the total registered capital of over 73,000 bill. dongs (including supplement registered capital)

8/ Social welfares and policies:

In January, 6082 people were provided with jobs. Among them, 2755 people were sent to enterprises and 3327 people had jobs via socio-economic programs. 1249 labour books were issued to 11 foreign-invested enterprises.

Also, 19,223 people were graduate from vocational training courses, of who 16,067 people were trained by vocational centres and 3156 people were trained by enterprises after recruitment

6/ External Affairs:

28 delegations with 166 people went on business or traveled for personal purposes in Cambodia, China, Thailand, Singapore, Germany, English, France, Italy, Australia, USA, Hongkong and so on …

3 foreign delegations paid visit to the province

Do duties on management of passports and those going abroad as assigned

Above is the  overview of socio-economic situation in January

On Behalf of People’s Committee

For The Chairman

                                                                           Vice Chairman

                                                                          Dinh Quoc Thai

                                                                         (Signed)