The General Statistics Office has announced that the industrial production index (IIP) was estimated to increase by 7.9% over the same period last year in April, making a 7.3% year-on-year increase over the past four months.
The General Statistics Office has announced that the industrial production index (IIP) was estimated to increase by 7.9% over the same period last year in April, making a 7.3% year-on-year increase over the past four months.
Of which, industries of processing and manufacturing; electricity manufacturing and distribution; and water supply and wastewater and waste treatment contributed 12.5%, 11.5% and 8.5% respectively in April while the mineral extraction industry fell by 8.1%.
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| April's IIP was estimated to increase by 7.9% over the same period last year. |
The IIP growth over the past four months, which was lower than that of the same period last year (9.6%), was thanks to 9.6%, 12.1% and 9% increases in the processing and manufacturing; electricity manufacturing and distribution; and water supply and wastewater and garbage treatment industries. A 1.7% decrease of the mineral extraction industry resulted in a 0.4% decline for industrial growth.
Regarding the scale of industrial production over one third of the year, Thai Nguyen, Quang Nam and Can Tho topped the list with 42.7%, 32.8% and 24% respectively, followed by Hai Phong (14.6%), Bac Ninh (14.5%), Da Nang (10.5%), Hai Duong (9.1%), Hanoi (8.8%), Dong Nai (8.3%), Binh Duong (7.3%), Ho Chi Minh City (6.2%), Ba Ria – Vung Tau (5%) and Vinh Phuc (4.6%).
The inventory index of the manufacturing and processing industry as of April 1 increased by 8.9% over the same period last year and the average index over the first quarter of the year was 74.4%.
The GSO also said that the employment rate of industrial entrepreneurs as of April 1 had climbed by 6% year on year, in which the rate in State owned entrepreneurs increased by 0.6%, followed by non-State owned businesses (4.3%) and businesses with foreign direct investment (8.5%).
(Source:Nhan Dan)
