Vietnam’s Index of Industrial Production (IIP) in March increased by 4.7 percent against the same month last year.

According to the General Statistics Office, in the first three months of 2014, the IIP has recorded a year-on-year rise of 5.2 percent, higher than the rate of 5 percent in the corresponding period of 2013.

Several industries have seen high growth in the reviewed period, such as textile (20.2 percent), leather and leather products (19.4 percent) and ready-made clothes (14 percent).

The northern port city of Hai Phong and the central city of Da Nang are among the localities seeing the highest IIP increase rates, with 11.3 percent and 10.5 percent respectively.

They are followed by Quang Nam province (8.9 percent, Dong Nai province (7.1 percent) and Binh Duong province (6.5 percent).

Meanwhile, decline in industrial production has been seen in Quang Ninh province (3.5 percent) and Ba Ria-Vung Tau province (1.7 percent).-VNA