A workshop at Hanoi Battery Joint Stock Company (Photo: VNA)
Hanoi (VNA)🔯 – Hanoi’s index of industrial production (IIP) in the first seven months of this year grew robustly, surging by 7 percent year-on-year.
From January to July, the processing and manufacturing industry posted a yearly rise of 7.3 percent while electricity production and distribution grew 7.8 percent. Water supply and waste and sewage management and treatment increase by only 0.6 percent.
Industrial products that posted high growth included food (21 percent), clothing (31.9 percent), medicine (25.4 percent), steel and iron (20.7 percent) and furniture (107.2 percent).
The IIP, however, declined for several products such as mining (36 percent), wood and wood-based products (35 percent), beverage (9.3 percent), textiles (4.4 percent) and chemicals (6.5 percent).
The outlook for the city’s industrial production in the second half of the year is bright thanks to the expansion of processing and manufacturing and the development of support industries.-VNA
The national index of industrial production (IIP) in the first two months of this year posted a year-on-year increase of 6.6 percent, according to the General Statistics Office (GSO).
The national index of industrial production (IIP) posted a year-on-year increase of 7.3 percent in the first four months of this year, according to the General Statistics Office (GSO).
The Index of Industrial Production (IIP) in the first five months of 2016 picked up 7.5 percent from the same period last year, with May’s figure increasing 7.8 percent year-on-year.
The Index of Industrial Production (IIP) of Hanoi in the first half of 2016 rose by 7.7 percent from the same period last year, with June’s figure picking up 8 percent year on year.
The Index of Industrial Production (IIP) in the first half of 2016 grew by 7.5 percent from a year earlier, compared to the 9.7 percent recorded for the same period last year.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
A workshop at Hanoi Battery Joint Stock Company (Photo: VNA)
