Industrial production in October continued its recent positive trend, growing 5.5 per cent over September and 4.1 per cent year-on-year. Given this result, industrial production in the first ten months of the year has “escaped” from negative growth. Over the closing months of 2023, the Ministry of Industry and Trade believes Vietnam’s economy will maintain its macro-economic stability and social stability will continue in the context of complicated geopolitical and global economic fluctuations. The government has made and will continue to make efforts to accelerate public investment disbursement, especially over the closing months of the year, to create breakthrough growth. In addition, many policies to remove difficulties in production and business have been introduced, including on taxes and fees. Free trade agreements (FTAs) with Vietnam’s major market partners such as the EU and the US continue to have a positive impact on its trade and investment and, especially, its exports.