At the monthly press conference in May 2010, Minister and President of Government Office Nguyen Xuan Phuc said that macroeconomic indicators were stable and inflation was contained.
The State Budget income was estimated to VND176.8 trillion (nearly US$10 billion) in the year to May 15, completing 38.3 percent of the full-year plan. The State Budget funded VND12.2 trillion for development investment in May. Exports were progressive. Export turnover totalled US$25.8 billion in the first five months, up 12.6 percent year on year.
The consumer price index (CPI) in May increased 0.27 percent from a month earlier. Although the growth was higher than in April of 0.14 percent, it was fairly low in comparison with the same month since 2004. This was an encouraging result of implementing measures launched by the Government, especially in the context that global prices were rising and the base salary started to rise from May 1, 2010.
Export value of agricultural, forest and aquatic products tended to increase, reaching US$1.61 billion in May and totalling US$7.22 billion in five months period, up 15.7 percent year on year. In detail, agricultural products brought in US$3.9 billion, up 7 percent, aquatic products valued US$1.62 billion, up 17.3 percent, and forest products generated US$1.12 billion, up 9.5 percent.
Rice export topped in May with 730,000 tonnes of rice valued at US$390 million in May, grossing 2.9 million tonnes worth US$1.5 billion in the January-May period. However, the Vietnamese rice had lower export price than regional ones.
Rubber export reached 35,000 tonnes valued at VND94 million in May, aggregating 191,000 tonnes worth US$513 million in the five-month period, up 3.7 percent in volume but up nearly 2 times from the same period of 2009 . Rubber prices have continuously risen since mid-2009. The four-month average rubber price has climbed 94.5 percent over the same period of last year, reaching US$2,693 per tonne.
Van Ta
Vietnamese
