Vietnam’s industrial production is seeing positive signs for recovery as the consumption index of the entire processing and manufacturing sector increased and the inventory index reduced in the first half of this year.
Up to 61.4 percent of a total 5,663 enterprises in the processing-manufacturing sector faced more difficulties in production and business activities in the third quarter compared to the previous quarter due to COVID-19 impacts, according to a survey conducted by the General Statistics Office (GSO).
The industrial production index rose by 17 percent year-on-year in October, pushing the ten-month increase by 8.7 percent, higher than a 7.3 percent rise from the same period last year.
Vietnam’s Index of Industrial Production (IIP) posted a 6.5 percent year-on-year increase in the first seven months of the year, according to the General Statistics Office (GSO).
The index of industrial production index (IIP) in the first five months of this year posted a year-on-year increase of 5.7 percent, according to the General Statistics Office (GSO).
The national index of industrial production (IIP) rose by 2.4 percent year-on-year in the first two months of 2017, according to the latest report of the General Statistics Office.
The national index of industrial production (IIP) surged 9.7 percent year-on-year in the first 11 months of 2015, according to the General Statistics Office (GSO).
Local beverage enterprises should have reasonable strategies on production and consumption to gain growth in the situation of high inventory at present, said experts.
