According to the General Statistic Office, in the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020 despite the complicated developments of the COVID-19 pandemic.
In the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020 (Photo: VNA)
Hanoi (VNA) - According to theGeneral Statistic Office, in the first 5 months of this year, the industrial production indexof Vietnam increased over the same period in 2020 despite the complicated developments of the COVID-19 pandemic.
It reported that in May, the country’s industrial production saw an increase of 1.6 percentcompared to that in April and 11.6 percent over the same period in 2020despite the adverse impact of the pandemic, especially in IPs in Bac Giang and Bac Ninh.
Generally,in the first 5 months of 2021, industrial production increased by 9.9 percentover the same period last year; in which the processing and manufacturingindustry increased by 12.6 percent, electricity production and distribution 8.3 percent.
Markedhikes were recorded in such major industries as metal production (38 percent), motorisedvehicle production (35 percent), and rattanprocessing (18.3percent).
Meanwhile, someindustries recorded a decrease including crude oil and natural gas exploitation(11.5 percent); and print, copy records of all kinds (5.1 percent)./.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
In the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020 (Photo: VNA) 
