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.

In the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020

It reported that in May, the country’s industrial production saw an increase of 1.6 percent compared to that in April and 11.6 percent 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 percent over the same period last year; in which the processing and manufacturing industry increased by 12.6 percent, electricity production and distribution 8.3 percent.

Marked hikes were recorded in such major industries as metal production (38 percent), motorised vehicle production (35 percent), and rattan processing (18.3 percent).

Meanwhile, some industries recorded a decrease including crude oil and natural gas exploitation (11.5 percent); and print, copy records of all kinds (5.1 percent)./.

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