The industrial production index (IPI) is estimated to increase by 7.2 percent in November and by 7.3 percent in the past 11 months, according to the General Statistics Office (GSO).
Hanoi (VNA) – The industrial productionindex (IPI) is estimated to increase by 7.2 percent in November and by 7.3percent in the past 11 months, according to the General Statistics Office(GSO).
The increases in the processing and manufacturingsector, electricity production and distribution and water supply, wastewaterand garbage treatment helped offset a decline in the mining sector.
Provinces and cities with high IPI growth includeQuang Nam (30.6 percent), Thai Nguyen (24.5 percent), Hai Phong (16.7 percent)and Da Nang (13 percent).
The inventory index of the processing andmanufacturing sector by November 1, 2016, increased 8.8 percent from theprevious year but textiles and garment, chemical production and chemicalproducts, electricity equipment production saw the inventory index down.
According to the GSO, by November 1, 2016, the numberof labourers working in the industrial sector increased 4.3 percent from one yearearlier.
The State sector has seen a decline of 2.6 percent in thenumber of workers while the figure of the non-State sector rose by 1.7 percent.The workforce in foreign direct investment (FDI) enterprises climbed by 7.4percent.
🐠 Provinces with large industrial workforce growth areThai Nguyen (28.4 percent), Hai Phong (10.3 percent), Vinh Phuc (8.4 percent)and Ba Ria - Vung Tau (7.9 percent).-VNA
A string of exhibitions of machine tools , electronic technologies and equipment, and solutions for support industries kicked off in HCM City on October 6.
The Ministry of Industry and Trade (MoIT) held a workshop in the northern province of Ninh Binh on October 6 to seek broader links between trade sectors in 28 northern cities and provinces.
Vietnam’s industrial production index (IPI) in the first ten months of 2016 rose 7.2 percent year-on-year, lower than the 9.8 percent level recorded in the same period last year.
Vietnam’s industrial production index rose 7.2 percent year-on-year in the first ten months of this year, lower than the 9.8 percent level recorded in the same period last year.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.