National industrial production index (IPI) expanded by 7.9 percent in January-September (Source: VNA) Hanoi (VNA) –The national industrialproduction index (IPI) expanded by 7.9 percent in January-September, theGeneral Statistics Office (GSO) reported.
The figure was higher than the IPI growth of 7.1 percent recorded in the sameperiod last year and 7.2 percent in the first eight months of this year.
In September alone, the growth was estimated at 13.2 percent as compared withthe corresponding time last year.
Between January and September, the processing andmanufacturing sector posted a surge of 12.8 percent, the highest rise in manyyears; power production and distribution, up 8.9 percent; and water supply andwaste and waste water treatment, up 7.8 percent. The mining industry, however,shrunk by 8.1 percent.
Other sectors with hikes in production includeelectronics, computers and optical products (25.1 percent); metal production(21.4 percent); rubber and plastics products (11.6 percent).
Among key industrial products that posted high IPI increases in ninemonths were television sets (31.6 percent), raw steel and iron (28 percent), rolledsteel (23.2 percent), natural fibre fabric (16.8 percent) and urea fertiliser (15.9percent).
According to the GSO, the northern province of Bac Ninh saw the highestyear-on-year IPI increase of 25.1 percent, followed by the northern port cityof Hai Phong (20.1 percent), the northern mountainous province of Thai Nguyen (18.1percent), northern Hai Duong province (11.2 percent), northern Vinh Phuc province(10.6) percent and southern Binh Duong province (9.5 percent).
As of September 1, 2017, the inventory index of the processing andmanufacturing sector rose by 9.9 percent against the same period last year.
The inventory of metal, clothes and vehicles, along with food production andprocessing experienced increases, while that of textile industry, and tobaccoand pharmaceutical production decreased during the period.
The number of labourers employed at industrial enterprises as of September 1 was4.6 percent higher than one year ago, with employees working for non-State enterprisesup 1.6 percent and investment direct investment (FDI) firms, up 7.5 percent. -VNA
The figure was higher than the IPI growth of 7.1 percent recorded in the sameperiod last year and 7.2 percent in the first eight months of this year.
In September alone, the growth was estimated at 13.2 percent as compared withthe corresponding time last year.
Between January and September, the processing andmanufacturing sector posted a surge of 12.8 percent, the highest rise in manyyears; power production and distribution, up 8.9 percent; and water supply andwaste and waste water treatment, up 7.8 percent. The mining industry, however,shrunk by 8.1 percent.
Other sectors with hikes in production includeelectronics, computers and optical products (25.1 percent); metal production(21.4 percent); rubber and plastics products (11.6 percent).
Among key industrial products that posted high IPI increases in ninemonths were television sets (31.6 percent), raw steel and iron (28 percent), rolledsteel (23.2 percent), natural fibre fabric (16.8 percent) and urea fertiliser (15.9percent).
According to the GSO, the northern province of Bac Ninh saw the highestyear-on-year IPI increase of 25.1 percent, followed by the northern port cityof Hai Phong (20.1 percent), the northern mountainous province of Thai Nguyen (18.1percent), northern Hai Duong province (11.2 percent), northern Vinh Phuc province(10.6) percent and southern Binh Duong province (9.5 percent).
As of September 1, 2017, the inventory index of the processing andmanufacturing sector rose by 9.9 percent against the same period last year.
The inventory of metal, clothes and vehicles, along with food production andprocessing experienced increases, while that of textile industry, and tobaccoand pharmaceutical production decreased during the period.
The number of labourers employed at industrial enterprises as of September 1 was4.6 percent higher than one year ago, with employees working for non-State enterprisesup 1.6 percent and investment direct investment (FDI) firms, up 7.5 percent. -VNA
VNA
