Circular No. 02/2012/TT-BKHĐT stipulates that the year 2010 shall replace the base year 1994 for calculating statistical indicators based on comparable prices.

CIRCULAR

The year 2010 shall be the base year replacing the base year 1994 for calculating statistical indicators based on the comparison price index.

_______________________________

 

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the Law on Statistics dated June 26, 2003;

Pursuant to Decree No. 116/2008/ND-CP dated November 14, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Planning and Investment;

Pursuant to Decision No. 54/2010/QĐ-TTg dated August 24, 2010 of the Government Chairman regarding the functions, tasks, powers, and organizational structure of the General Statistics Office under the Ministry of Planning and Investment;

Considering the proposal of the Director of the General Statistics Office;

The Ministry of Planning and Investment stipulates that the year 2010 shall replace the base year 1994 for calculating statistical indicators based on the comparison price index as follows:

Article 1. Using the 2010 Price List of Agricultural, Forestry, and Fishery Products Producers (Annex I attached) to calculate statistical indicators based on the comparison price index in the agricultural, forestry, and fishery sectors.

Article 2. Using the System of Price Indices to calculate statistical indicators based on the comparison price index in all sectors within the Vietnamese Economic Classification 2007 except for the agricultural, forestry, and fishery sectors.

Clause 1. The System of Price Indices for calculating statistical indicators based on the comparison price index includes:

- Consumer Price Index;

- Spatial Living Cost Index;

- Raw Materials, Fuel, and Consumables Price Index for Production;

- Production Price Index;

- Construction Price Index;

- Real Estate Price Index;

- Export Goods Price Index;

- Import Goods Price Index.

Clause 2. Formula for Calculating Price Indices

General formula:

Where:

I^t->0: Price Index of period t compared to the base year 2010;

"5. The pre-tax weighted average cost of capital i (%) is determined according to the formula below:_{organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.}: Price of period t;

"5. The pre-tax weighted average cost of capital i (%) is determined according to the formula below:₀: Price of the base year 2010;

- Electronic Information Portal₀: Fixed weight of the base year 2010.

Or conversion formula:

 

Where:

I^t->0: Price Index of period reported organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular. compared to the base year 2010;

 : Group item price index 9. Travel distance is the distance traveled without using mechanical means (cars, motorcycles, motorboats) to reach locations for implementing technical forest management measures and patrolling to protect forests. of period t compared to the previous period organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular. - 1;

: Group item price index 9. Travel distance is the distance traveled without using mechanical means (cars, motorcycles, motorboats) to reach locations for implementing technical forest management measures and patrolling to protect forests. previous period compared to the base year 2010;

- Electronic Information Portal⁰_{9. Travel distance is the distance traveled without using mechanical means (cars, motorcycles, motorboats) to reach locations for implementing technical forest management measures and patrolling to protect forests.}: Group item weight 9. Travel distance is the distance traveled without using mechanical means (cars, motorcycles, motorboats) to reach locations for implementing technical forest management measures and patrolling to protect forests. in 2010.

Clause 3. List of Indicators Calculated Based on Comparison Price Index

 

 

Clause 4. Calculation of Statistical Indicators Based on Comparison Price Index using the System of Price Indices

Clause 4.1. Industrial and Construction Production Value

The industrial and construction production value of the reporting year based on the comparison price index with the base year 2010 () is calculated according to Formula (1) as follows:

 

 

When calculating specifically, note:

- For industrial production value: Use the price index of industrial products sold by producers in the reporting year compared to the base year 2010.

- For construction production value: Use the consumer price index of building materials in the reporting year compared to the base year 2010.

Clause 4.2. Wholesale Trade Production Value

The wholesale trade production value of the reporting year based on the comparison price index with the base year 2010 () is calculated according to Formula (2) as follows:

 

 

Where:

 

 

 

 

 

Clause 4.3. Retail Trade Production Value

The retail trade production value of the reporting year based on the comparison price index with the base year 2010 () is calculated according to Formula (3) as follows:

 

 

Where:

 

 

Clause 4.4. Production Value of the Following Sectors: (i) Repair of Motor Vehicles, Motorcycles, and Other Motorized Vehicles; (ii) Accommodation Services; (iii) Food Services; (iv) Information and Communication; (v) Owner-Occupied Housing; (vi) Administrative Activities and Supporting Services; (vii) Education and Training; (viii) Health Care and Social Assistance; (ix) Arts, Entertainment, and Recreation

The production value of the reporting year based on the comparison price index with the base year 2010 of the sectors mentioned in Clause 4.4 of this Circular (GTSX^SS2010) is calculated according to Formula (4) as follows:

 

 

When calculating specifically, note:

- For repair of motor vehicles, motorcycles, and other motorized vehicles production value: Use the average consumer price index of the reporting year compared to the base year 2010 of the group of repair services for household equipment and transportation means.

- For accommodation service production value: Use the average consumer price index of the reporting year compared to the base year 2010 of the group of hotel and lodging services.

- For the value added of food and beverage services: Use the average consumer price index for the reporting year compared to the base year 2010 for the group of food, beverage, and tobacco products.

- For the value added of information and communication: Use the producer price index for the reporting year compared to the base year 2010 for the information and communication industry.

- For the value added of owner-occupied housing: Use the average consumer price index for the reporting year compared to the base year 2010 for the rental housing group.

- For the value added of administrative activities and support services: Use the average consumer price index for the reporting year compared to the base year 2010.

- For the value added of education and training: Use the average consumer price index for the reporting year compared to the base year 2010 for the education service group.

- For the value added of health care and social assistance activities: Use the average consumer price index for the reporting year compared to the base year 2010 for the non-concentrated health care, social security, and welfare services group.

- For the value added of arts, entertainment, and recreation: Use the average consumer price index for the reporting year compared to the base year 2010 for the culture, sports, and entertainment group.

4.5. Value Added of Goods Transport and Passenger Transport

The value added of goods transport and passenger transport in the reporting year based on the base year prices () is calculated according to Formula (5) as follows:

 

 

When calculating specifically, note:

- For the value added of goods transport: Use the value added of goods transport and the transport fare price index for goods transport in the reporting year compared to the base year 2010.

- For the value added of passenger transport: Use the value added of passenger transport and the transport fare price index for passenger transport in the reporting year compared to the base year 2010.

4.6. Value Added of the Following Sectors: (i) real estate business excluding owner-occupied housing; (ii) financial, banking, and insurance activities; (iii) activities of the Communist Party and political-social organizations, state management, national defense, and compulsory social security; (iv) professional, scientific, and technical activities; (v) household work for hire; (vi) international organizations; and (vii) other service activities

The value added in the reporting year at base year 2010 prices for the sectors mentioned in Section 4.6 of this CircularGTSX^SS2010) is calculated according to Formula (6) as follows:

 

 

4.7. Gross Domestic Product

Gross Domestic Product in the reporting year compared to the base year 2010 (GDP^SS2010) is calculated according to two methods corresponding to Formulas (7a) and (7b) as follows:

Method 1:

 

 

Where:

 

 

- The value added at base year 2010 prices of the sectors determined in Sections 4.1 to 4.6 of this Circular.

- Intermediate consumption at base year 2010 prices is calculated as follows:

 

 

- Import taxes in the reporting year at base year 2010 prices are calculated as follows:

 

 

Method 2:

 

 

Where:

- Final consumption expenditure at base year 2010 prices is calculated as follows:

 

 

- Gross capital formation at base year 2010 prices is calculated as follows:

 

 

- Exports and imports of goods at base year 2010 prices are calculated as follows:

 

 

4.8. Green Gross Domestic Product

Green Gross Domestic Product in the reporting year compared to the base year 2010 () is calculated according to Formula (8) as follows:

 

 

Where: Costs of waste treatment and resource consumption from economic activities, including:

- Costs of treating waste generated from production and consumption that need to be treated.

- Value added of extractive industries.

- Land use costs.

4.9. Gross Capital Formation

Gross capital formation in the reporting year compared to the base year 2010 by type of asset is calculated according to Formula (9) as follows:

 

 

4.10. Net Capital Formation

Net capital formation in the reporting year compared to the base year 2010 is calculated according to Formula (10) as follows:

 

 

Where: Depreciation of fixed assets at base year 2010 prices is calculated from the depreciation rate of fixed assets at current prices compared to the total value of fixed assets at current prices and the value of fixed assets at base year prices.

4.11. Government Final Consumption Expenditure

Government final consumption expenditure in the reporting year compared to the base year 2010 is calculated according to Formula (11) as follows:

 

 

4.12. Final consumption expenditure of households

a) Final consumption expenditure of households from purchasing goods and services at market prices from household budgets according to the base year 2010 price level calculated by Formula (12a) as follows:

 

 

b) Final consumption expenditure of households from self-produced products according to the base year 2010 price level calculated by Formula (12b) as follows:

 

 

c) Final consumption expenditure of households from non-paid consumption according to the base year 2010 price level calculated by Formula (12c) as follows:

 

 

4.13. National income

National income of the reporting year compared to the base year 2010 calculated by Formula (13) as follows:

 

 

4.14. National disposable income

National disposable income of the reporting year compared to the base year 2010 calculated by Formula (14) as follows:

 

 

4.15. Energy consumption rate and increase/decrease in energy consumption rate for production compared to gross domestic product

Energy consumption rate and increase/decrease in energy consumption rate for production compared to gross domestic product of the reporting year compared to the base year 2010 calculated by Formula (15) as follows:

 

 

4.16. Total social investment capital

a) Total social investment capital of the reporting year according to the base year 2010 price level calculated by Formula (16a) as follows:

 

 

b) Total basic construction investment capital of the reporting year according to the base year 2010 price level calculated by Formula (16b) as follows:

 

 

c) Actual implementation capital of foreign investment projects according to the current year reporting price level calculated in VND calculated by Formula (16c) as follows:

 

 

d) Imported equipment (machinery, equipment) converted from current year price level to base year price level calculated by Formula (16d) as follows:

 

 

4.17. Revenue from accommodation and food services, transportation, warehousing and support services, postal services, courier services, telecommunications, and tourism

Revenue from accommodation and food services, transportation, warehousing and support services, postal services, courier services, telecommunications, and tourism of the reporting year compared to the base year 2010 calculated by Formula (17) as follows:

 

 

4.18. Expenditure of international tourists to Vietnam

Expenditure of international tourists to Vietnam of the reporting year compared to the base year 2010 calculated by Formula (18) as follows:

 

 

4.19. Value of export and import goods

Value of export and import goods of the reporting year compared to the base year 2010 calculated by Formula (19) as follows:

 

 

4.20. Average monthly per capita income

Average monthly per capita income of the reporting year compared to the base year 2010 calculated by Formula (20) as follows:

 

 

4.21. Average monthly per capita expenditure

Average monthly per capita expenditure of the reporting year compared to the base year 2010 calculated by Formula (21) as follows:

 

 

Article 3. Provisions on the conversion to the base year 2010

The valuation conversion of the reporting period index according to the base year 1994 to the base year 2010 shall be carried out according to Formula (22) as follows:

 

 

Where:

 

 

Article 4. Subjects of Implementation

1. Organizations assigned to compile statistical indicators according to the comparison prices in the National Statistical Indicator System, Provincial, District, Commune Statistical Indicator Systems, and Ministry and Sector Statistical Indicator Systems include:

a) General Statistics Office;

b) Statistical organizations under Ministries, agencies at the ministerial level, government agencies, other central-level agencies, People's Committees at all levels.

2. Organizations and individuals using statistical indicators according to comparison prices.

Article 5. Responsibilities for Implementation

1. Organizations and individuals mentioned in Article 4 are responsible for implementing this Circular in accordance with its provisions.

2. The General Statistics Office is responsible for monitoring and supervising the implementation of this Circular.

Article 6. Effectiveness

1. This Circular takes effect from June 1, 2012, and replaces Decision No. 192/TCTK/TH dated August 7, 1995, issued by the Director of the General Statistics Office on the issuance of the Fixed Price List for the base year 1994.

2. During the implementation process, if there are any difficulties, Ministries, agencies at the ministerial level, government agencies, other central-level agencies, People's Committees at all levels should send their comments to the Ministry of Planning and Investment (General Statistics Office) for timely review and adjustment./.