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Socio-economic overview of February 2011

THE PEOPLE’S COMMITTEE OF

DONG NAI PROVINCE

No.1513/BC-UBND

SOCIALIST REPUBLIC OF VIETNAM

Independence – Freedom – Happiness

Bien Hoa, March 3 2011

 

 

REPORT ON SOCIO-ECONOMIC OVERVIEW OF FEBRUARY 2011

THE OVERVIEW:

I. General evaluation

The first two months of 2011 saw many complicated changes in prices of essential goods, especially after the adjustment of USD rate by the State Bank and the increased both power and petrol prices, all of which resulted in the price hike of almost every product. Besides, banks increase their lending rates, making enterprises meet with more difficulties. The risk of high inflation is imminent, having a negative effect on the socio-economic development of the province.

II. ECONOMY:

1. Manufacturing:

1.1.                     Industry - construction:

The gross output estimated in February 2011 is 9,303 bill. dongs (at fixed 1994 price), down 9.7% compared to the previous month and in the first two month the output is 19,447 bill.dongs, gaining 15.3% of the plan, up 16.9% compared to the same period.

a.                  Industrial manufacture:

The estimated industrial output in February 2011 is 8,778.6 bill. dongs, down 8.7% compared to the previous month and in the first two month the output is 18,392.2 bill.dongs, gaining 15.2% of the plan, up 16.8% compared to the same period.

Specifically, the Central State Ownership gains, in February 2011, is 703.8 bill. dongs, down 10.4% compared to the previous month and in the first two month the output is 1,489.5 bill.dongs, gaining 14.1% of the plan, up 2.8% compared to the same period. 13/13 production sectors have their outputs decreased over the previous month and in 2 months 12/13 sectors have their output increased over the same period while 1 sector has its output decreased.

The local State ownership gains, in February 2011, is 214.8 bill. dongs, down 9.6% compared to the previous month and in the first two month the output is 452.4 bill.dongs, gaining 13.5% of the plan, up 8.4% compared to the same period. 11/11 production sectors have their outputs decreased over the previous month; in 2 months,  11/11 production sectors have their output increased over the same period.

The non-state ownership gains, in February 2011, is 1152.8 bill. dongs, down 9.6% compared to the previous month and in the first two month the output is 2427.6 bill.dongs, gaining 15.4% of the plan, up 17.4% compared to the same period. 21/21 production sectors have their outputs decreased over the previous month; in 2 months,  20/21 production sectors have their output increased over the same period while 1 sector has its output decreased.

The foreign ownership gains, in February 2011, is 6707.2 bill. dongs, down 8.3% compared to the previous month and in the first two month the output is 14,022.7 bill.dongs, gaining 15.4% of the plan, up 18.7% compared to the same period.

The reason that the industrial output goes down in February 2011 compared to January 2011 is Tet Holiday is celebrated in this period in addition to effects of market price changes.

 Key industrial sectors:

In the first two months, eight out of nine industrial sectors all over the province have their output value increased against the same period as followed:

+ Building material exploitation and production: the output goes up 14.6% over the same period

+ Agricultural produce and foods processing: the output increases by 22.7% against the same period

+ Textile, garment and footwear: the output increases by 17% against the same period

+ Wood and bamboo processing: the output increases by 17.4% against the same period

+ Paper and Publishing: the output increases by 7.7% against the same period

+ Chemicals, rubber and plastic: the output increases by 16.6% against the same period

+ Machinery: the output increases by 13.7% against the same period

+ Electricity and Electronics: the output increases by 12.9% against the same period

+ Power and Water: the output decreases 40.1% over the same period.

1.1.2. Construction:

In the first two months, the construction sector gains around 1055 bill. dongs, up 18.3% over the same period

1.2.           The output value of the agriculture, forestry and fishery:

1.2.1. Agricultural production:

a/ Farming:

Winter/spring crops: The total planted area is 29,371ha, gaining 80.9% of the plan and 91.9% as much as the same period. This area includes 18,574ha of cereals (76.4% of the plan, 87% as much as the same period); 2146ha of vegetable and beans (139.7% of the plan, or 32.1% over the same period) and 5,761ha of food crops (81.1% of the plan, up 97.7% against the same period).

The planted area of winter/spring crops of districts, town and Bien Hoa City

No.

Localities

Total planted area

In comparison with (%)

 

Plan

The same period

1

Bien Hoa City

421

57.1

93.7

2

Vinh Cuu

2851

92.6

95.9

3

Tan Phu

5852

63.1

78.8

4

Dinh Quan

1398

33.1

62.6

5

Xuan Loc

7602

105.3

105.8

6

Cam My

3143

101.6

103.8

7

Long Khanh

596

99.8

114.6

8

Trang Bom

1654

92.3

94.1

9

Thong Nhat

1374

100.4

97.8

10

Long Thanh

1592

81.1

76.8

11

Nhon Trach

2888

97.2

99.5

 

The whole province

29,371

80.9

91.9

2.                  Trade and service:

2.1.1.   Domestic market:

Total estimated retail sales value in February 2011 is 5850.4 bill. dongs, up 0.8% against the previous month, and in the first two months is 11,651.6 bill.dongs, 17% of the plan, up 40.5% over the same period, of which Trade sector, restaurant –hotel sector, service sector and tourism sector up 43.5%, up 28.8%, up 27.2% and up 21.9% respectively.

State economic sector:

Estimated total retail sales in February 2011 is 381.5 bill. dongs, up 1.6%  against the previous month and in the first two months is 756.9 bill.dongs, gaining 17.2% of the plan, up 27.4% over the same period

Non state economic sector:

Total retail sales in February 2011 is 5185.5 bill. dongs, up 0.8%  against the previous month and in the first two months is 10,328.4 bill.dongs, gaining 16.9% of the plan, up 42.3% over the same period

Foreign-invested sector:

Total retail sales in February 201  is 283.4 bill. dongs, up 0.2 % against the previous month and in the first two months is 566.3 bill.dongs, gaining 17.1% of the plan, up 27.7% over the same period

2.1.2. Market price:

Price index in February 2011 went up 1.78% compared to January 2011 and 10.51% compared to February 2010.

Gold and USD index: in February 2011, gold price rose 0.53% compared to the previous month and rose 38.01% compared to the same period; USD price has gone up 1.54% compared to the previous month and 10.23% compared to the same period.

2.1.3. Post and Telecommunications

The telephone rate in February 2011 is 123 pieces over 100 people, gaining 102.5% of the plan

Rate of local population having access to the internet in  February 2011   is 21%

2.1.4. Finance:

Budget revenues: total budget revenues in the first two months is 4,196.03 bill. dongs (including 119.71 bill. dongs gained grom lottery), gaining 21% compared to the estimate, up 34% over the same period.

Budget expenditure: total local budget expenditure in the first two months  is 1,483.05 bill. dongs, getting 20% compared to the estimate, up 36% over the same period.

2.1.5. Banking activities:

Capital source: local mobilized capital till February 28,  2011 is estimated at 50,916 bill. dongs, down 0.8% compared to December 31, 2010. This capital includes 32,241 bill. dongs from savings, (accounting for 63% of the total capital, up 1.6% compared to December 31, 2010) and 18,675 bill. dongs from economic organizations (accounting for 37% of the total capital, down 4.6% compared to December 31, 2010)

Outstanding loans: the total outstanding by late February 2011 is estimated 48,498 bill.dongs, up 0.9% compared to December 31, 2010. Specifically, short-term outstanding is 31,998 bill. Dongs, down 0.06% compared to December 31, 2010; medium and long-term outstanding loans is 16,500 bill. dongs (accounting for 34.02% of the total outstanding,  up 2.9% compared to December 31, 2010)

2.2 Export – import:

Export:  export turnover in February 2011 is US$ 475.2 million, down 20.8% against the previous month and in the first two months is US$ 1075.2 million, gaining 12.9% of the plan, up 18.6% over the same period, including the turnover gained from:

Central enterprises: in February 2011 US$ 7.1 million, down 21% against the previous month and in the first two months US$ 16.1 million, gaining 9.2% of the plan, up 15.8% over the same period

Local enterprises: in February 2011 US$ 22 million, down 21.2% against the previous month and in the first two months US$ 50 million, gaining 11.2% of the plan, up 17.9% over the same period. Local key export products are coffee (23.6 thousand tons), refined wood products (US$ 4.57 million), footwear (US$ 5.1 million) and cashew nuts (1.04 thousand tons).

Foreign invested enterprises: in February 2011 US$ 446.1 million, down 20.8% against the previous month and in the first two months US$ 1009.1 million, gaining 13% of the plan, up 18.7% over the same period.

Import: import turnover in February 2011 is US$ 671.2 million, down 14.4% against the previous month and in the first two months is US$ 1455.5 million, gaining 15.1% of the plan, up 19.4% over the same period, including the import turnover gained from:

Central enterprises: in February 2011 US$ 4.5 million, down 20% against the previous month and in the first two months US$ 10.2 million, gaining 12.8% of the plan, up 18.6% over the same period

Local enterprises: in February 2011 US$ 9 million, down 18% against the previous month and in the first two months US$ 20 million, gaining 11.8% of the plan, up 19.8% over the same period

Foreign invested enterprises: in February 2011 US$ 657.7 million, down 14% against the previous month and in the first two months US$ 1425.3 million, gaining 15.2% of the plan, up 19.4% over the same period.

3.                  Transportation:

Freight volume and freight volume traffic in the first two months is estimated at 6.242 million metric tons and 369.376 million metric tons per kilometer, rising 7.2% and 8.2% over the same period respectively

 Passenger volume and passenger volume traffic in the first two months is estimated at 10.608 million persons and 763.739 million persons per kilometer, increasing 9.1% and 10.3% respectively.

4.                  Development investment:

Total capital for investment and construction in the first two months is around 5400 bill. dongs, achieving 15% of the plan, up 23.4% over the same period.

4.1/ Investment capital from the province’s budget: the plan for investment and construction in 2011 assigned by the provincial people’s committee is 1507 bill.dongs. The volume done in the first two months is estimated at 256 bill. dongs, achieving 17% of the plan, of which 310 bill.dongs has been disbursed, gaining some 20.6% of the plan.

4.2/ Investment capital allocated to district level authorities:

Total capital allocated to district level authorities for investment in 2011 is 773 bill.dongs. The volume done in the first two months is estimated at around 231 bill. dongs, achieving 30% of the plan, of which 140 bill.dongs has been disbursed, gaining some 18% of the plan.

5. Foreign investment attraction: the total newly and supplement registered capital, from the beginning of the year to February 20, 2011, is around US$ 55 million, achieving 3.7 percent of the year’s plan, 50% as much as the same period.

6. Domestic Capital Attraction:

Total domestic investment is, up to February 20, 2011, 1,701.48 bill. dongs (6 projects), gaining 5.7% of the plan, 7.7% as much as the same period. The reason that the domestic investment is low is investment certificates are no longer issued to real estate projects in accordance with current law provisions so it is impossible to collect data on investment capital of these types of projects.

7. Development of state enterprises:

Total capital registered from state business sectors is, up to February 20, 2011, around 1,498 bill. dongs (including the newly and supplement registered one), gaining 9.4% of the plan and 40.4% as much as the same period. These enterprises include 198 newly established ones with the total registered capital of 948 bill. dongs and 80 turns of enterprises applying for capital supplement worth 550 bill.dongs.

8. Social welfares and policies:

In February 2011, 6127 people were helped to find jobs, down 141 people compared to the same period. Since the beginning of the year, 12,605 people were helped to have jobs, gaining 14% of the plan, up 4.4% over the same period. Among them, 7302  people had jobs via socio-economic programs and 5297 people got recruitment in enterprises.

Also, in February 2011, 732 people graduated from vocational training courses including 232 people were trained by vocational training centres and 500 people were trained by their working places after being recruited. Since the beginning of the year, 2656 people has been vocationally trained.

Poverty reduction: In this month, 34  turns of poor households are given preferential loans worth 400 million dongs

People with great contribution to the nation were visited, given gifts and provided with allowances on the occasion of Lunar New Year of Cat 2011

Do survey of vocational study and help the disabled living in districts of Cam My, Trang Bom, Thong Nhat and Long Thanh to have jobs

In collaboration with Trieu An Hospital, HCMC, perform heart surgeries for 6 children living in districts of Thong Nhat, Xuan Loc, Dinh Quan and Trang Bom, which are worth around 371.4 million dongs

9/ External Affairs:

28 turns of officials and civil servants were allowed to go abroad for business, learning, travel or other purposes.

5 foreign delegations paid visit to the province for the purpose of teaching foreign language at Lac Hong University; introducing about Vietnam-Australia training program and giving training in English teaching skills for teachers in Dong Nai.

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

Above is the  overview of socio-economic situation in February and the first two months 2011

On Behalf of People’s Committee

For The Chairman

Vice Chairman

Tran Minh Phuc

(Signed)

                                                                                                                                                                                                        


 

 

 

Author: dongnai

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