Industry production index up 5.8 percent in April

Industrial production index in April increased by 5.8 percent over the same period last year, contributing to a year on year increase of five percent in the first four months of this year, the General Statistics Office (GSO) reported.
Industrial production index in April increased by 5.8 percent over thesame period last year, contributing to a year on year increase of fivepercent in the first four months of this year, the General StatisticsOffice (GSO) reported.

Accordingly, in April the mining industrysaw a rise of one percent; manufacturing and processing industry - 6.9percent; electric production and distribution - 9.2 percent; and watersupply, waste and waste water treatment - 9.7 percent.

Theindustrial production index of Ho Chi Minh City recorded a 3.9 percentrise in April compared to one year ago while Hanoi ’s increased by4.7 percent. The northern province of Vinh Phuc’s index was up 15.1percent and central Da Nang city saw a 10.7 percent increase.

However, the inventory index of the processing and manufacturingindustry by April 1 saw a 13.1 percent year on year rise. The index isparticularly high in beverage production, motor vehicle manufacturing,furniture, chemicals, electrical equipment and pharmaceuticalproduction.-VNA

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