Socio-economic situation in February and 2 months of 2023
Agricultural production in February focused on planting and taking care of spring rice, annual spring crops across the country.
Agricultural production in February focused on planting and taking care of spring rice, annual spring crops across the country.
Agricultural production in the month focuses mainly on planting, taking care of spring rice, and planting annual crops across the country. Pig and poultry farming developed well.
In 2023, the world economy continues to face many difficulties and challenges. Strategic competition between powerful countries is becoming more intense and comprehensive, increasing geopolitical tensions; The Russia-Ukraine conflict is complicated, and fighting in the Middle East has negatively impacted the world economic recovery process after the Covid-19 epidemic.
The index of industrial production (IIP) in January 2024 is estimated to decrease by 4.4% over the previous month and increase by 18.3% over the same period last year.
As of mid-November, the whole country harvested 1,385.8 thousand hectares of winter rice, accounting for 89.7% of the cultivated area and equal to 103.5% of the same period last year.
The index of industrial production (IIP) continued its upward trend in the fourth quarter, of which December 2023 was estimated to increase by 0.1% over the previous month and by 5.8% over the same period last year.
Global economic growth in 2023 has been adjusted by international organizations compared to previous forecasts, but most forecasts are lower than the growth rate in 2022.
The index of industrial production (IIP) in November is estimated to increase by 3% over the previous month and by 5.8% over the same period last year.
As of mid-November, the whole country harvested 1,385.8 thousand hectares of winter rice, accounting for 89.7% of the cultivated area and equal to 103.5% of the same period last year.
Agricultural production in October focuses on caring for and harvesting summer rice and autumn-winter rice across the country and planting winter crops in the North. Livestock development was stable, live pig prices have decreased due to the return of African swine fever in some localities.