Vietnamese enterprises and authorities are taking action right from the start of 2024 to promote industrial production though many challenges remain in the global economy.

The index of industrial production (IIP) in January fell 4.4% month on month but still went up 18.3% year on year, reported the General Statistics Office (GSO).

Vietnam’s index of industrial production (IIP) went up 1% in the first 11 months of 2023 with the November IIP alone rising 5.8% year-on-year, according to the General Statistics Office (GSO).

Vietnam’s index of industrial production (IIP) went up 0.5% in the first ten months of this year with the October IIP alone rising 4.1% year-on-year, according to the General Statistics Office.

VOV.VN - Ho Chi Minh City’s Index of Industrial Production (IIP) in the first nine months of this year soared by 3.2% year-on-year, regaining its attractiveness to foreign investors, suppliers and clients.

Vietnam’s industrial production this month continued a more positive trend, with the index of industrial production (IIP) estimated to rise by 2.9% over the previous month and 2.6% over the same period last year, the General Statistics Office (GSO) reported.

Ho Chi Minh City’s Index of Industrial Production (IIP) in August increased 6.6% over the same period last year, according to the municipal Department of Industry and Trade.

Vietnam’s economy has begun to gather steam again since the start of the third quarter of this year, helping consolidate confidence of businesses and investors, experts have said.

Vietnam’s economy started the second half of this year with positive signals which are expected to pave the way for a better recovery in the coming time.

VOV.VN - By recording positive economic results in the first half of this year, numerous enterprises based in Ho Chi Minh City expect to keep pace with the growth momentum in order to boost their production and business activities over the coming months.