Industrial production index announced at the end of August 2021 shows that the economic and production situation is not very positive. Burden in the last 4 months of the year, was badly hurt after the #covid19 epidemic until August 2021.

The impact of the #covid19 epidemic has had a heavy impact on the industry.
With the complicated development of the disease in the past 4 months, many localities suffered heavy losses in the production process.

The implementation of social distancing for a long time according to Directive No. 16/CT-TTg.

With the data showing, it is estimated that the industrial production index in August 2021 decreased by 4.2% compared to the previous month and decreased by 7.4% compared to the same period last year. In the first eight months of 2021, the industrial production index increased by 5.6% compared to the first eight months of 2020.

Industry-specific declining index:

- Mining industry decreased by 2.4%;
- Processing and manufacturing decreased by 9.2%;
- Electricity production and distribution increased by 1.5%;
- For the general index for the 8 months of 2021, an increase of 5.6% over the same period in 2021. The growth rate is more than 2.2% compared to 2020, but much lower than the growth rate of 9.5% compared to 2019.

Economists attribute that growth to the maintenance of pre-production orders, and the acceleration of growth in the first and second quarters. However, at the end of the second quarter, production came to a halt. stagnant.

Ending August 2021 with more than 85.5 thousand enterprises withdrawing from the market, more than 24,000 businesses in HCMC/

More than 85.5 thousand enterprises withdrew from the market, HCMC. Ho Chi Minh City has more than 24,000 businesses

During this 4th outbreak of the disease, the southern provinces were especially hard hit. Social distancing has a direct impact on businesses' production and business activities. In particular, businesses have broken orders to supply products. Orders from abroad are also limited.

Within 8 months of 2021, the whole country witnessed more than 85.5 thousand enterprises withdraw from the market. An increase of 24.2% over the same period in 2020. It seems that this is a signal for the prospect that if the #covid19 epidemic is not stopped soon, this number will continue to increase until the end. When the epidemic situation is absolutely not backward.

City. Ho Chi Minh City had 24,000 enterprises (accounting for 28.1% of the total number of enterprises withdrawing from the market), an increase of 6.6%. The number of enterprises temporarily suspending business is 43.2 thousand enterprises, accounting for 50.5% of the total number of enterprises withdrawing from the market.