The ministry sets to raise the Industrial Production Index (IIP) by around 7 – 8%, contributing to boosting the GDP growth to 6 – 6.5% in 2022, according to Deputy Minister Tran Quoc Khanh.
It plans to effectively implement projects providing help to supporting firms in the priority sectors of automobiles, electronics, textile and garment, and footwear; and support domestic producers to join supply chain of FDI enterprises and projects, he said.
Last year, the industrial production maintained growth, though modest, despite impacts of COVID-19, the MoIT reported. The sector expanded 4.82% from the previous year on the back of key areas such as electronics, textile and garment, footwear and wood manufacturing.
Among the 63 cities and provinces nationwide, Ninh Thuan saw the highest growth in IIP, 24.6%. It was followed by Dak Lak (23.8%), Gia Lai (20.5%), Hai Phong (18.2%), and Binh Phuoc (17.8%).
Ho Chi Minh City was among the worst-hit by COVID-19, with the IIP plunging 14.3% year-on-year due to COVID-19 outbreaks at factories and export processing zones causing production disruption.