Việt Nam’s industry sector has seen continuous recovery with the index of industrial production (IIP) expanding 6.0 per cent year-on-year in the first four months of this year, according to the Ministry of Industry and Trade (MoIT).
Viet Nam''s index of industrial production (IIP) in February increased 5.1 per cent month-on-month and 3.6 per cent year-on-year, according to the General Statistics Office (GSO).
The index of industrial production (IIP) grew by 8.5 per cent in February over the same period last year, marking the fourth consecutive monthly increase.
The Index of Industrial Production (IIP) in November saw its lowest rise since the beginning of 2019 at 5.4 per cent, mostly due to slowdowns in the mining and processing-manufacturing sectors.
Vice chairman of the municipal People’s Committee Ho Ky Minh attributed slower economic growth to difficulties in the production of major firms and declines in production values of industrial sectors.
The nation’s index of industrial production (IIP) in 2018 experienced an encouraging increase of 10.2 per cent over the previous year, the General Statistics Office (GSO) said.
HCM City sustained its industrial expansion in 2018, recording an estimated 8.15 per cent rise in the Index of Industrial Production (IIP) from last year.
In the first 10 months of the year, HCM City’s Index of Industrial Production (IIP) increased by nearly 8 per cent compared to the same period last year, according to the city’s Department of Industry and Trade.
HCM City’s industrial sectors have seen good growth due to the city’s efforts in creating a better environment for investment and businesses, the city’s Department of Industry and Trade said on October 11.
The northern port city of Hai Phong’s index of industrial production (IIP) increased 25.15 per cent over the first nine months of this year compared to the same period in 2017.