Industrial production shows positive recovery in H1
In the first six months of this year, industrial production nationwide continued its positive recovery trend, increasing by 7.7% compared to the same period last year.
The packaging production line at Chau Tuan Import-Export Co. Ltd in Nghe An province (Photo: VNA) Raw materials for textile, garment, leather, and footwear industries increased by 11.1% during the period. (Photo: VNA) The processing and manufacturing sector increased by 8.5% compared to the same period last year. (Photo: VNA)
Disbursement of foreign direct investment reached 10.8 billion USD in the first half, marking an 8.2% increase compared to the same period last year. (Photo: VNA)
The construction steel sector shows signs of recovery. (Photo: VNA) Products from Hoa Phat Steel Pipe Co. Ltd not only serve the domestic market but also meet the demands of challenging markets such as the EU, Canada, and Japan. (Photo: VNA)
The country's industrial production index (IIP) is continuing its positive growth pace with an increase of 3.9% over April and 8.9% compared to the same period last year, according to the General Statistics Office (GSO).
The index of industrial production (IIP) in January fell 4.4% month on month but still went up 18.3% year on year, reported the General Statistics Office (GSO).
Vietnam’s Index of Industrial Production (IIP) rose 5.7% year-on-year in the opening two months of 2024, according to the General Statistics Office of Vietnam.
Industrial production in Vietnam has shown signs of recovery and is believed to have a bright prospect in 2024 thanks to the global consumption rebound and support from the Government, ministries, and sectors.