The index of industrial production in November increased by 2.3% compared to the previous month and increased by 8.9% over the same period last year. Generally, in the first eleven months of 2024, the production index of the whole industry is estimated to increase by 8.4% over the same period last year.
As of November 20, 2024, the whole country has harvested 1,403.4 thousand hectares of seasonal rice, accounting for 90.7% of the cultivated area and equal to 95.7% of the same period last year. In which, the Northern localities harvested 933.8 thousand hectares, accounting for 93.8% and equaling 94.5%; the southern localities harvested 469.6 thousand hectares, accounting for 85.3% and equaling 98.2%.
Strategic competition among major countries is intensifying, geopolitical tensions, and military conflicts are escalating in several nations, affecting global peace and stability, which in turn undermines trade, investment, production, and consumption systems.
The world situation continues to fluctuate complicatedly, quickly and unpredictably with many risks and uncertainties
Industrial production in October continued the positive trend, it is estimated that the industrial production index in October 2024 will increase by 4.0% compared to the previous month and increase by 7.0% over the same period last year. Generally, in the first ten months of 2024, the production index of the whole industry is estimated to increase by 8.3% over the same period last year
As of October 20, 2024, the country's seasonal rice crop has cultivated 1,540.9 thousand hectares, equaling 99.9% of the previous year's crop, of which: Northern localities reached 997.2 thousand hectares, equaling 99.2%; southern localities reached 543.7 thousand hectares, equaling 101.1%.
The industrial production index in September was estimated to increase by 10.8% over the same period last year. In which, the mining industry decreased by 7.3% over the same period last year; the processing and manufacturing industry increased by 13.1%; the electricity production and distribution industry increased by 6.4% and the water supply and waste and wastewater treatment industry increased by 15.2%.
Agricultural, forestry and fishery production in September 2024 was severely affected by Typhoon No. 3 and prolonged heavy rains over a large area in most of the Northern region, causing great damage to cultivation, livestock and aquaculture. However, agricultural, forestry and fishery production in the third quarter and nine months of 2023 maintained stable growth.
Agricultural production in the month focused on harvesting summer-autumn rice, cultivating and caring for rice, other annual crops. Livestock production is generally stable, localities have well controlled epidemics, pig and poultry herds continue to grow
Industrial production in August continued its positive growth trend, with the industrial production index in August 2024 estimated to increase by 2.0% over the previous month and by 9.5% over the same period last year. Genneral, in the eight months of 2024, the industrial production index increase by 8.6% over the same period last year.
