The index of industrial production (IIP) in July rose 0.7% over the previous month and 11.2% year on year, pushing the increase in the first seven months to 8.5% compared to the same time last year, according to the General Statistics Office (GSO).
Vietnam's industrial sector marked a remarkable growth in 2024 with the industrial production index (IIP) surging by 8.4% year-on-year, a record high over the past four years, the General Statistics Office (GSO) has said.
Vietnam’s industrial production has continued its rosy signs since late 2023, promising a bright prospect for the country in the time ahead, Deputy Minister of Industry and Trade Phan Thi Thang said at the Government’s regular press conference in Hanoi on August 5.
Hanoi is working to boost industrial production, raise production efficiency and capacity of businesses in industrial parks and clusters, and lure big projects to this field, Chairman of the People’s Committee Tran Sy Thanh has said.
Ho Chi Minh City's economic indicators showed decent growth in the first four months, although the disbursement rate of public investment remained low, participants heard at a socio-economic review meeting held by the municipal People's Committee on May 3.
The northern province of Bac Giang continued to lead the nation in economic growth in the first quarter, with an estimated expansion of 14.18%, reported Vice Chairman of the provincial People’s Committee Mai Son.
Hanoi’s Industrial Production Index (IIP) in September rose by 0.7% from the previous month and 3.5% year-on-year, the Hanoi Statistical Office reported.
In order to achieve the target of industrial growth of 7-7.5% this year, Hanoi has been implementing a series of solutions to support industrial enterprises in the capital city.
Economists expect year-on-year gross domestic product (GDP) growth of Malaysia would be moderate, at between 5.2% - 5.7% in the first quarter of 2023, against 7% in the last quarter of 2022, on the absence of the base effect.
Experts advised the Ho Chi Minh City’s food processing sector to diversify products, adopt automated technology, quality control system and improve workforce quality during a recent seminar on its development orientations till 2030 with a vision to 2050.
Malaysia's industrial production index (IPI) rose 4.6% in October, after registering double-digit growth for four consecutive months, according to the Department of Statistics Malaysia (DOSM).
Hanoi is looking to drive the sustainable development of the capital’s economy by taking a series of measures that include developing its industrial sector and product competitiveness in order to play an ever evolving role as it integrates with the global supply chain.
The industrial production index posted a year-on-year rise of 8.3 percent in the first five months of 2022. Manufacturing and processing expanded 9.2 percent and phone components, which are the major industrial products in the reviewed period, surged 21.6 percent against the same period last year.
Cooperation opportunities between Hanoi’s businesses that offer main industrial products and Italian enterprises were highlighted at a conference in the capital city on June 7.
The Index of Industrial Production (IIP) in the southern province of Binh Phuoc rose nearly 21 percent year-on-year in the first two months of 2022, according to the provincial Department of Statistics.
Ho Chi Minh City’s Industrial Production Index (IIP) in 2021 declined 14.3 percent though the figure rebound to grow 13.5 percent month-on-month in December, according to the municipal Department of Statistics.