Industrial output up 12 percent in early 2015
Annual Vietnamese factory production increased 12 percent within the
first two months of 2015, according to the Ministry of Industry and
Trade.
Annual Vietnamese factory production increased 12 percent within the
first two months of 2015, according to the Ministry of Industry and
Trade.
Increased output was seen in nearly all sectors; the processing-manufacturing and electricity generation-distribution sectors grew between 12-14 percent from the same period last year.
Notably, seafood processing recorded a production growth of almost 21 percent.
February alone saw a 7 percent increase in industrial production index, despite a nine-day Lunar New Year holiday.
As of February 1, inventory was also following the upward trend, with stored optical and paper products soaring by 122 and 57 percent, respectively.-VNA
Increased output was seen in nearly all sectors; the processing-manufacturing and electricity generation-distribution sectors grew between 12-14 percent from the same period last year.
Notably, seafood processing recorded a production growth of almost 21 percent.
February alone saw a 7 percent increase in industrial production index, despite a nine-day Lunar New Year holiday.
As of February 1, inventory was also following the upward trend, with stored optical and paper products soaring by 122 and 57 percent, respectively.-VNA
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