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).
Bình Phước Province’s industrial production index (IIP) increased by 19.2 per cent in the first two months of 2024, with high growth rates recorded across many industries.
The IIP, however, decreased by 4.4 per cent compared to the previous month. The GSO said this development was quite similar to 2023 with a continuous decline at the beginning of the year and a return to growth in the last months...
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).
In the first 11 months of 2022, the IIP was estimated to soar by 8.6 per cent on year, much higher than that of 4.2 per cent in the first 11 months of 2021.
Viet Nam''s index of industrial production (IIP) in the first 10 months of 2022 surged 9 per cent on year, according to the General Statistics Office (GSO).
The index of industrial production (IIP) in the first eight months of 2022 surged 9.4 per cent over the same period last year, according to the General Statistics Office (GSO).
The IIP in the second quarter also saw a positive increase of 9.87 per cent year-on-year as many industrial firms have resumed and recovered their business activities, the GSO said.
The IIP in May also surged 4 per cent month-on-month and 10.4 per cent year-on-year, the GSO said, adding that the processing and manufacturing industry saw a yearly IIP rise of 12 per cent.
The Ministry of Industry and Trade (MoIT) is carrying out procedures for infrastructure investment for two centres facilitating industrial development in the northern and southern regions, according to the ministry''s Industry Agency.
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.