Nation’s industrial production surges 9.2 percent in Q1

The national industrial production index (IIP) saw a year-on-year increase of 9.2 percent in the first quarter of this year, according to the General Statistics Office (GSO).
Nation’s industrial production surges 9.2 percent in Q1 ảnh 1Coke is loaded onto a truck to be transported to factories in the northern province of Quang Ninh (Photo: vietphatjsc.com.vn)
Hanoi (VNS/VNA) - The national industrial production index (IIP) saw ayear-on-year increase of 9.2 percent in the first quarter of this year,according to the General Statistics Office (GSO).

The positive growth was fuelled by the processing and manufacturing industrywhich increased remarkably by 11 percent compared to the same period last year,head of the GSO Nguyen Bich Lam told a recent conference in Hanoi.

He added the index rose 9.4 percent year-on-year for electricity production anddistribution and 8.5 percent for water supply and waste treatment.

Meanwhile, the mining industry fell 2.1 percent in the three-month period.

Several sectors recorded IIP surges such as coke production (96 percent); metalmanufacturing (37 percent); motor vehicles (21 percent); rubber and plastics(13 percent) and beverages (11 percent).

Other products that recorded a high production index compared with the sameperiod last year included refined petroleum products (up 73.2 percent), ironand steel (65 percent), television sets (50 percent) and liquefied petroleumgas (38 percent). Others included urea fertiliser (up 13 percent), footwear (12percent) and fish feed (11 percent). 

From January to March, the IIP of 59 out of 63 provinces and centrally-runcities increased over the same period last year. The central province of Thanh Hoarecorded the highest IIP growth rate at 51.2 percent thanks to the Nghi Sơn oilrefinery and petrochemical plant in the locality officially began commercialoperations in December.

The southern province of Tra Vinh came next with growth of 41 percent becauseof the Duyen Hai thermal power plant’s production expansion. It was followed bythe central province of Ha Tinh (34 percent) and the northern port city of HaiPhong (20 percent). The northern provinces of Vinh Phuc, Quang Ninh and HaiDuong recorded 12 percent, 10 percent and 9.5 percent, respectively.

Meanwhile, the country’s economic hubs of Ho Chi Minh City and Hanoi laggedbehind with respective IIP increases of 7 percent and 7.2 percent, the GSOnoted.  

According to the office, the number of employees working at industrialcompanies as of March 1 had risen by 2.3 compared to a year ago. — VNS/VNA
VNA

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