Deputy Minister of Planning and Investment Tran Quoc Phuong briefs about socio-economic performance in the first month of 2025, at the Cabinet meeting in Ha Noi, February 5, 2025 - Photo: VGP/Nhat Bac

Specifically, inflation saw a year-on-year increase of 3.63 percent while State budget revenue witnessed a year-on-year increase of 3.5 percent.

Export turnover was estimated at US$63.07 billion, resulting in a trade surplus of US$1.23 billion.

Viet Nam absorbed over US$4.3 billion in foreign direct investment (FDI), up 48.6 percent against the same period last year.

Total amount of FDI disbursement reached over US$1.5 billion, up 2 percent compared to the same period last year.

The country's index of industrial production (IIP) experienced a year-on-year growth of 0.6 percent due to prolonged nine-day Tet break.

Total retail sales of goods and services picked up 9.5 percent against the same period last year./.