AsemconnectVietnam - The industrial production index (IIP) in August 2024 was estimated to increase by 2.0% compared to the previous month and by 9.5% compared to the same period last year.

Thus, in the first 8 months of 2024, the IIP was estimated to increase by 8.6% over the same period last year (the figure of the same period of 2023 decreased by 0.2%). Meanwhile, the investment capital implemented from the State budget in August of 2024 was estimated at VND 62.1 trillion, up by 1.3% over the same period last year. In the first 8 months of 2024, the investment capital implemented from the State budget was estimated at VND 363.1 trillion, equal to 47.8% of the annual plan and up by 2.0% over the same period last year (the figure of the same period of 2023 was equal to 48.6% and up by 24.5%).
In August of this year, the country had 13,400 newly established enterprises, down by 15.2% compared to July of 2024 and down by 12.8% compared to the same period last year. In the first eight months of 2024, the country had 168,100 newly registered enterprises and returned to operation; on average, there were more than 21,000 newly established enterprises and returned to operation per month.
CK
Source: VITIC/congthuong.vn