An auto and motorbike component factory in Thang Long Industrial Park in Hanoi (Photo: VNA) Hanoi (VNA) – Hanoi enjoyed a 7.1-percent growthin industrial production this year compared to 2015, according to the municipalstatistics office.
Industrial production in December expanded by5.5 percent month on month and 9.9 percent year on year.
In 2016, some processing and manufacturing industriesgrew faster than the whole industrial sector’s expansion like food processing(up 21 percent from 2015); garment production (20 percent); pharmaceutical,pharmaceutical chemistry and herbal medicine production (30.1 percent), andmetal production (12.6 percent).
Meanwhile, several industries contracted such asbeverage production (down 2 percent), and chemical and chemical productproduction (down 7.6 percent). Notably, timber processing along with wood andbamboo product manufacturing nosedived 46.5 percent.
Hanoi recorded a growth rate of 8.03 percentthis year – a six-year high. The services sector grew by 8.1 percent whileindustry-construction and agriculture respectively rose by 8.8 percent and 2.21 percent, data show.-VNA
VNA
