The Industrial Production Index (IPI) in April posted a year-on-year growth of 7.9%, according to the General Statistics Office (GSO).
The Industrial Production Index (IPI) in April posted a year-on-year growth of 7.9%, according to the General Statistics Office (GSO).
The GSO reported that mining industry dropped 8.1% while processing and manufacturing sectors electricity production and distribution, and water supply and sewage treatment increased 12.5%, 11.5%, and 8.5% respectively.
In the January-April period, the IPI grew 7.3% compared to 9.6% in the same period of 2015.
In the first four months of 2016, some industrial products enjoying sharp growth included television (up 46.6%), steel (27.6%), and automobiles (23.9%).
Meanwhile, motorbikes, crude oil, sugar, and mobile phones saw shrinking growth.
In the reviewed period, the index expanded 42.7% in Thai Nguyen; 32.8% in Quang Nam; 24% in Can Tho; 8.8% in Ha Noi; 8.3% in Dong Nai; 7.3% in Binh Duong; 6.2% in Ho Chi Minh City; 5% in Ba Ria-Vung Tau; 4.6% in Vinh Phuc./.
(Source: VGP)
