The index of industrial production (IIP) in August 2024 is estimated to increase by 2.0% over the previous month and by 9.5% over the same period last year.
Thus, in the first eight months of 2024, IIP is estimated to increase by 8.6% over the same period last year (the same period in 2023 decreased by 0.2%). Meanwhile, the investment capital implemented from the State budget in August 2024 is estimated at VND 62.1 trillion, up 1.3% over the same period last year. In the first eight months of 2024, the investment capital implemented from the State budget is estimated at VND 363.1 trillion, equal to 47.8% of the annual plan and up 2.0% over the same period last year (the same period in 2023 was equal to 48.6% and up 24.5%).
In August, the country had 13.4 thousand newly established enterprises, down 15.2% compared to July 2024 and down 12.8% compared to the same period last year. In the first eight months of 2024, the country had 168.1 thousand newly registered enterprises and returned to operation; on average, there were more than 21 thousand newly established enterprises and returned to operation per month.
Source
![[Infographic] In 2025, 47 products will achieve national OCOP](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/7/16/5d672398b0744db3ab920e05db8e5b7d)
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