Although April 2023 macroeconomic indicators improved compared to the previous month and the same period last year, the level of improvement was not as expected. The industrial production index (IIP) in April 2023 is estimated to have increased by 3.6% month-on-month and by 0.5% compared to the same period last year.

After a slight decline during the month, the number of newly registered companies has recovered in April 2023.

Also in April 2023, the whole country had nearly 16,000 newly incorporated enterprises with the registered capital of VND 154.6 trillion and the number of registered workers was nearly 119.1 thousand, representing a 12.3% increase in revenue and a 6% increase in registered capital .2% and the number of employees by 28.5% compared to March 2023. Compared to the same period last year, the number of companies increased by 6.4%, the share capital decreased by 5.7% and the number of employees increased by 13.7% .

The total import and export turnover of goods reached US$53.57 billion in April 2023, down 7.7% month-on-month and down 18.8% year-on-year.

Troubles in the economy have dragged GDP growth in the first quarter of 2023 to its lowest level in more than a decade. Does the economy still have room to achieve the 6.5% GDP growth in line with the set target? Will the slight improvement in some economic indicators in April be enough to create momentum for the following months?

In the new issue of Monday morning, May 1, 2023, Economic Report Vietnam – VnEconomy will devote the entire section focus: “Economy in April 2023: Indicators have improved” for the April economic story with expert commentary.

Includes items:

– industrial production the difficulty is not over yet. (Huyen-Vy).

– Opening up new markets to “stop” the decline in exports.. (Mh Duc).

– Maintain a positive signal from the commercial area. (Vy vy).

– Foreign investors continue to pump capital into Vietnam. (Khanh Vy).

– There is still scope to achieve growth targets. P/v Prof. Dr. Tran Tho Dat, Former rector of the National Economics University. (galaxy).

– Commodity market stable in April. (Song Hoang).

Among many other interesting articles:

– Unite the mountains and rivers Cultivate powerful aspirations. (Song Hoang).

– Institutional reform to adapt to global investment flows. (Danghuong).

– Updating depth data: improving the quality of statistical information. P/v Ms. Nguyen Thi Huong, Director-General of General Bureau of Statistics. (Anh Nhi).

– Difficulties persist in the real estate market. (Phan Duong).

– Wooden furniture exports to the US and EU: hard to recover in the short term. (Chu Khoi).

– The health of small and medium-sized enterprises will be “eroded”. (Vu Khue).

– Positioning of the Green Vietnam brand: Need specific guidelines and roadmaps. (Vu Khue).

– Export online: The new normal for Vietnamese businesses. (Luu Ha).

– It’s time to study the 2017 amendments to the Railways Act. (Brother Tu).

– Eliminating the “bottleneck” of human resources. (Koi Anh).

– Unemployment insurance: Adding more regulations for workers. (Ly Ha).

– Crypto market lessons through downtrend seasons. (Nhat Anh).

– US banking crisis: the tip of the iceberg. (A Huy).

– The market share of Vietnamese cosmetics is worth billions of USD. (The bright moon).

Readers can order the Vietnam Economic Review here.

https://postenp.phaha.vn/chi-tiet-toa-soan/tap-chi-king-te-viet-nam