Index of industrial production in February of 2023
The index of industrial production (IIP) in February 2023 [...]
The index of industrial production (IIP) in February 2023 [...]
As of mid-May, the whole country planted 2,953.6 thousand hectares, an increase of 0.9 thousand hectares compared to the previous year's winter-spring crop. Northern localities planted 1,059.4 thousand hectares, a decrease of 8.5 thousand hectares. hectares, of which the Red River Delta reached 471.3 thousand hectares, down 6.3 thousand hectares.
Industrial production in May continued to maintain a positive growth trend. The industrial production index in May 2024 is estimated to increase by 3.9% over the previous month and by 8.9% over the same period last year.
Agricultural production in April took place in adverse weather conditions, with prolonged heat causing drought in the Central area and Central Highlands provinces; high levels of saltwater intrusion in the Mekong Delta. Pig and poultry farming grew quite well. Forestry production promotes the planting, care and protection of forest, and timber harvesting due to it was the exploited time.
Industrial production in April continued its positive growth trend. The industrial production index in April 2024 is estimated to increase by 0.8% over the previous month and by 6.3% over the same period last year.
As of mid-April, the whole country had planted 2,948.6 thousand hectares of winter-spring rice, down 2.5 thousand hectares compared to last year's winter-spring crop. Northern localities planted 1,057.5 thousand hectares, down 9.4 thousand hectares, southern localities harvested 1,612 thousand hectares of spring paddy, accounting for 85.2% of the planted area and equal to 102% over the same period last year. Of which, the Mekong Delta harvested 1,423.9 thousand hectares, accounting for 95.7% of the cultivated area and equal to 100.6%.
The world economy in the first three months of 2024 continues to face many difficulties and challenges. Strategic competition between powerful countries is becoming more intense, increasing geopolitical tensions
In the first quarter of 2024, the index of industrial production (IIP) is estimated to increase by 5.7% over the same period last year (the same period in 2023 decreased by 2.6%).
Gross domestic product (GDP) in the first quarter of 2024 is estimated to increase by 5.66% over the same period last year, higher than the growth rate of the first quarter of 2020-2023.
Gross domestic product (GDP) in the first quarter of 2023 was estimated to increase by 3.32% over the same period last year, only higher than the growth rate of 3.21% in the first quarter of 2020 in the period 2011-2023.