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PRESS RELEASE ON ECONOMIC - SOCIAL SITUATION OF Q2 AND FIRST 6 MONTHS of 2021 

Socio-economic conditions in the first six months of 2021 of our country took place in the context of the gradual recovery of the world economy, a number of countries promoted vaccination against Covid-19 and achieved initial results. At first, developed countries gradually reopened. The World Monetary Fund (IMF), World Bank (WB) and other international organizations have made positive forecasts about the global economic outlook[1]. Major economies in the world such as the US, China, Japan, and the EU are forecasted to achieve good growth thanks to efforts to vaccinate and issue economic relief packages[2]. Global trade continues to recover[3], world commodity prices tend to increase, inflation, and financial risks increase in some major economies, affecting investment, production and export. import. Domestically, following the important and impressive results achieved in 2020, our country's macro-economy continues to be stable, the weather in the first months of the year is relatively favorable, production and business in the first months of the year. achieved good results. However, the fourth wave of Covid-19 epidemic broke out from the end of April, especially in key economic provinces such as Hanoi, Hai Duong, Hung Yen, Quang Ninh, Bac Ninh, Bac Giang, Da Nang, and Thanh Hoa. Ho Chi Minh City and still complicated developments have posed many challenges in management and administration to develop the economy and ensure social security.

In the context of intertwined advantages and difficulties, the task of implementing "dual goals" is strongly directed by the Government and the Prime Minister. The solutions to prevent the Covid-19 epidemic have been strongly, synchronously, flexibly and effectively implemented by ministries, sectors and localities, with the primary goal of taking care of and protecting the health and lives of people. people, make the best efforts to realize socio-economic development goals and tasks in 2021. Achievements of sectors and fields in the second quarter and first six months of 2021 are as follows:

I. ECONOMIC SITUATION

1. Gross domestic product (GDP) in the first 6 months of 2021 increased by 5.64% despite the outbreak of Covid-19 in some localities across the country since the end of April, showing drastic direction and management of the Government, the Prime Minister; the joint effort and unanimity of the political system, business community, the people of the country and the frontline force against the epidemic to control the epidemic, carry out tasks and solutions for socio-economic development. GDP in the second quarter of 2021 was estimated to increase by 6.61% over the same period last year).

In the general growth rate of the whole economy in the first 6 months, the agriculture, forestry and fishery sector increased by 3.82% over the same period last year (contributing 8.17% to the overall growth); the industry and construction sector increased by 8.36% (contributing 59.05%), of which the processing and manufacturing industry continued to play the leading role in the growth of the economy with an increase of 11. 42%; service sector increased by 3.96% (contributing 32.78%), of which market service sectors such as: Wholesale and retail increased by 5.63%; financial, banking and insurance activities increased by 9.27%.

Regarding the structure of the economy in the first 6 months of 2021, the agriculture, forestry and fishery sector accounts for 12.15%; industry and construction accounted for 37.61%; service sector accounted for 41.13%; product tax minus product subsidies accounted for 9.11% (corresponding structure of the same period in 2020 is: 14.16%; 33.51%; 41.99%; 10.34%).

Regarding GDP use in the first 6 months of 2021, final consumption increased by 3.56% over the same period in 2020; accumulated assets increased by 5.67%; exports of goods and services increased by 24.05%; imports of goods and services increased by 22.76%.

2. Agricultural, forestry and fishery production in the first 6 months of 2021 took place in relatively favorable weather conditions, crop productivity was quite good, especially winter-spring rice with the highest yield ever. at 68.3 quintals/ha; pig production recovered and poultry production developed well, the total herd of pigs and poultry at the end of June was estimated to increase by 11.6% and 5.4% respectively over the same period last year. Seafood exports showed signs of recovery, import demand for pangasius in foreign markets increased again, whiteleg shrimp output in the first 6 months increased by 15.4% over the same period last year.

a) Agriculture

The winter-spring rice cultivation area nationwide this year reached 3,006.7 thousand hectares, equaling 99.4% of the previous year's winter-spring crop, of which the northern provinces reached 1,086.6 thousand hectares, equaling 99%; the southern localities reached 1,920.1 thousand hectares, equaling 99.7%. According to preliminary reports, the country's winter-spring rice yield is estimated at 68.3 quintals/ha, an increase of 2.6 quintals/ha compared to the previous year's winter-spring crop.

As of mid-June, localities across the country have sown 1,846.2 thousand hectares of summer-autumn rice, equaling 105.6% of the same period last year, of which the Mekong Delta region reached 1,448.7 thousand hectares. , equal to 104.7%. Up to now, 147.7 thousand hectares of early summer-autumn rice in the Mekong Delta have been harvested, accounting for 10.2% of the sowing area.

By mid-June, localities across the country had planted 558.5 thousand hectares of maize, equaling 99.1% of the same period last year; 73.1 thousand hectares of sweet potatoes, equaling 100.3%; 19.4 thousand hectares of soybeans, equaling 87%; 131.7 thousand hectares of peanuts, equaling 96.9%; 731.2 thousand hectares