Despite COVID-19, industrial production index up
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.
It reported that in May, the country’s industrial production saw an increase of 1.6 % compared to that in April and 11.6 % over the same period in 2020 despite 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 % over the same period last year; in which the processing and manufacturing industry increased by 12.6 %, electricity production and distribution 8.3 %.
Marked hikes were recorded in such major industries as metal production (38 %), motorised vehicle production (35 %), and rattan processing (18.3 %).
Meanwhile, some industries recorded a decrease including crude oil and natural gas exploitation (11.5 %); and print, copy records of all kinds (5.1 %).
