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.
Vietnam’s Index of Industrial Production (IIP) expanded 10.1 percent year-on-year in the first 11 months of 2018, according to the General Statistics Office (GSO).
Vietnam’s Index of Industrial Production (IIP) scored growth of 10.4 percent in the first ten months of 2018, compared to the growth of 9.6 percent in the same period 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 central province of Thua Thien-Hue earned 667.8 million USD in export turnover in the first nine months of 2018, rising by 11.8 percent year on year and fulfilling about 73 percent of the yearly target.
The Index of Industrial Production (IIP) of Ho Chi Minh City sustained its growth during the last eight months, gaining 0.24 percentage points month on month and predicted to rise 8.1 percent this year – higher than the 7.9 percent in 2017.
Vietnam’s socio-economic performance in July continued to see positive developments with equal growth in all the three sectors, namely macro economy, industrial production and services.
Some key industries of Hanoi have posted good economic growth since the beginning of 2018, contributing to a year-on-year rise of 7.8 percent in the local index of industrial production (IIP) between January and May.
Vietnam’s index of industrial production (IIP) in the first quarter of this year gained the highest year-on-year growth rate of 11.6 percent in the past three years.
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 southern province of Binh Duong’s index of industrial production (IIP) rose 24.1 percent year-on-year in January, said Nguyen Van Danh, Director of 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.
New Year 2018 had a better beginning than the same period in 2017, regarding some indicators, Prime Minister Nguyen Xuan Phuc has said at the Government meeting for January.
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.
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