Prime Minister Nguyen Xuan Phuc has suggested the northern port city of Hai Phong invest in technology and digital economy, and attract high-tech businesses to gain higher added values.
Ho Chi Minh City witnessed expansion of industrial activities in the first quarter of this year, recording a 6.24 percent rise in the Index of Industrial Production (IIP), the highest level in the past five years.
The nine-day Lunar New Year holiday made February’s index of industrial production (IIP) down 16.8 percent against the previous month, according to the General Statistics Office (GSO).
Ho Chi Minh City has sustained expansion in industrial activities in 2018, thus recording an estimated 8.15-percent rise in the Index of Industrial Production (IIP) from last year.
Ho Chi Minh City’s Index of Industrial Production (IIP) enjoyed a year-on-year rise of 7.89 percent in the first nine months of 2018, according to the municipal Statistics Office.
The index of industrial production (IIP) in the central province of Nghe An in the first three months of 2018 is forecast to rise 15.21 percent against the same time last year, according to the provincial Department of Industry and Trade.
The index of industrial production (IIP) in January surged 20.9 percent against the same month last year, partly due to the long Lunar New Year holiday falling in February this year.
The Index of Industrial Production (IIP) in January surged 20.9 percent from the same period of 2017, boosted by the Lunar New Year festival (Tet) not coinciding with the month and businesses’ production enhancement to serve soaring pre-Tet demand.
The significant socio-economic-cultural accomplishments that the southern economic hub of Ho Chi Minh City gained in 2017 will create a firm foundation for its stronger development in 2018 and the following years.
Vietnam’s index of industrial production (IIP) in November rose by 17.2 percent against the same month last year, according to the General Statistics Office (GSO).
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