In 2021, our country's economy takes place in the context of intertwined advantages and disadvantages, but the reality shows that challenges are still many; The resilience and resources of the State, businesses and people decrease. In the first 11 months of 2021, the business sector, individual business households and other economic organizations have made efforts to overcome difficulties, creating an economic picture with bright colors.
The business community is dynamic and firmly believes in the flexible and effective management of the Government, localities and the economic prospects of the country. In 11 months, the whole country had 105.6 thousand enterprises registered for new establishment, 40.5 thousand enterprises returned to operation, bringing the total number of newly established enterprises and enterprises returning to operation in 11 months. month to 146.1 thousand enterprises. The business sector has actively searched for product consumption markets, in the first 11 months of 2021, the industrial production index is estimated to increase by 3.6% over the same period last year, higher than the 3% growth rate of the previous year. in the same period of 2020. A number of key industries and key industrial products had high growth rates.
Foreign investment in Vietnam is a prominent highlight of the economy. Although in the third quarter of 2021, the economy "wobbled" because of the pandemic, in the first 11 months of 2021, registered foreign direct investment capital reached 26.46 billion USD in 18 fields. Processing and manufacturing industry has registered FDI capital up to 12.78 billion USD, accounting for 57.9% of total registered capital. The 11-month economic picture shows that the manufacturing and processing industry for export is the main driving force and also the leading field in attracting foreign investment.
In the context of the pandemic disrupting the supply chain, many export-manufacturing enterprises faced difficulties in input materials, high consumption markets, transportation and logistics fees, but export turnover in 11 months reached 299.67 billion USD, up 17.5% over the same period in 2020; in which, the export turnover of the foreign-invested sector reached 220.68 billion USD, up 20%, accounting for 73.6% of the total export turnover of the economy.
Import turnover of goods was estimated at USD 299.45 billion, up 27.5% over the same period last year; in which, import of means of production was estimated at 280.2 billion USD, up 27.9% and accounting for 93.6% of total import turnover of goods. This is a group of goods used in production, creating growth momentum for the economy. The results in foreign direct investment and import and export activities of the economy show that foreign investors are placing great trust in Vietnam's link in the global supply chain. The world community assesses that Vietnam plays an important role in promoting international trade and commits to expand investment in Vietnam in the coming period.
With bright spots in production, investment and international trade in the first 11 months of 2021, it reflects a gradually recovering economy. Economic forecast in the fourth quarter of 2021 will increase by 2-3% compared to the same period in 2020 and GDP for the whole year will increase from 1.6-2.1%. This is an important basis, creating high growth momentum in the coming time.
Source: https://tuyengiao.vn/nghien-cuu/co-hoi-moi-trong-phuc-hoi-king-te-viet-nam-nam-2022-137055