Bac Giang takes lead in industrial production index growth in five months
The northern province of Bac Giang took the lead in five-month industrial production index with a growth of 15.4 percent, followed by Phu Tho (15.2 percent), Hau Giang (13.9 percent), and Thai Binh (13.2 percent).
A production chain at Hana Micron Vina Limited Company in Bac Giang province (Photo: VNA)
Bac Giang (VNA) - The index of industrial production (IIP) in May increased by 2.2 percent against the previous month, according to the General Statistics Office (GSO).
Compared to last year, the index inched up 0.1 percent.
The increases were seen in power production and distribution as well as waste/waste water management and treatment, with growth expanding 5 percent and 6.8 percpent, and processing-manufacturing and mining shrinking by 0.5 percent and 2.9 percent, respectively.
The northern province of Bac Giang took the lead in five-month industrial production index with a growth of 15.4 percent, followed by Phu Tho (15.2 percent), Hau Giang (13.9 percent), and Thai Binh (13.2 percent).
Bac Giang’s four-month IIP rose only 13.3 percent compared to the same period last year, ranking after the northern port city of Hai Phong.
However, the IIP for the first five months of 2023 fell 2 percent over the same period in 2022 as the global economy continued to face numerous difficulties and the number of orders for exports declined.
Specifically, the sub-indexes of the processing-manufacturing dropped 2.5 percent, and mining fell 3.5 percent./.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
A production chain at Hana Micron Vina Limited Company in Bac Giang province (Photo: VNA)
