According to the GSO’s report on Vietnam's socio-economic performance in October and the first 10 months of 2024, the industrial production index in October increased 4% over the previous month and 7% over the same period last year. Foreign direct investment capital realized in Vietnam in 10 months reached 19.58 billion USD, up 8.8% over the same period last year. Associate Professor, Dr.

Nguyen Thuong Lang, Lecturer at National Economics University, commented, “Overall, I think that the economic picture of our country in the first 10 months of this year is bright. I believe that in the last two months of the year, our economy will develop strongly to achieve the yearly goals.”

The total import and export turnover of goods in October stood at 69.19 billion USD, up 5.1% over the previous month. In 10 months, the total preliminary import and export turnover of goods was valued at 647.87 billion USD, up 15.8% over the same period last year. Exports increased 14.9%.

Phi Thi Huong Nga, Director of the Department of Industry and Construction Statistics, said, “To create growth momentum in November and December, in my opinion, we need to quickly remove two current major bottlenecks: institutions and access to capital for businesses. Creating conditions for businesses to access capital faster is essential to boost production in the last months of the year.”