Socio-economic situation report in October and 10 months of 2024

Agricultural production in October focused on tending and harvesting winter rice and autumn-winter rice across the country and planting winter crops in the North. Livestock development was stable, and localities focused on recovering production after the impact of storm No. 3.

Industrial Production Index in November 2024

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.

Infographic social-economic situation in the November and eleven months of 2024

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%.

Index of industrial production in October of 2024

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

Industrial Production Index for September 2024

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%.

Infographic on the socio-economic situation in the third quarter and nine months of 2024

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.

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