Industrial production in July maintained a positive growth momentum. The index of industrial production (IIP) in July 2024 is estimated to increase by 0.7% compared to the previous month and increase by 11.2% over the same period last year.
Domestic gasoline prices increased according to world prices, domestic electricity demand increased, and health insurance premiums were adjusted according to the new base salary. These are the main reasons for the monthly consumer price index (CPI) July 2024 increased by 0.48% compared to the previous month.
As of mid-July, the whole country had planted 1,206.9 thousand hectares of winter paddy, equal to 99.5% of the same period last year. Of which, Northern localities planted 852.5 thousand hectares, equal to 99.3%; Southern localities planted 354.4 thousand hectares, equivalent to the same period last year.
The world economy in the first six months of 2024 continues to face many risks and uncertainties, negatively impacting sustainable growth
Regarding agricultural production in the first 6 months of 2024, the country has cultivated nearly 3 million hectares of winter-spring rice, an increase of 1.2 thousand hectares compared to the winter-spring crop in 2023.
The index of industrial production in June was estimated to increase by 10.9% over the same period last year. In which, the mining industry decreased by 7.7% over the same period last year; the processing and manufacturing industry increased by 12.6%; the electricity production and distribution industry increased by 13.7% and the water supply and waste and wastewater treatment industry increased by 8%.
Pork prices increased due to African swine fever outbreaks in some localities, and medical service prices of some provinces/cities adjusted according to Circular No. 22/2023-BYT of the Ministry of Health are the causes. mainly caused the consumer price index (CPI) in June 2024 to increase by 0.17% compared to the previous month.
Agricultural production in May with the main task of focusing on taking care of spring rice in the northern localities; tending, harvesting rice, spring crops and sowing summer-autumn rice varieties in southern localities. Pig and poultry farming has developed quite well, the disease on livestock and poultry was strictly controlled.
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.
