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.
Ho Chi Minh City’s industrial production was forecast to maintain steady growth in 2018 with the industrial production index (IIP) to rise about 8-8.5 percent against last year.
Industrial production of Ho Chi Minh City is forecast to see stable growth in 2018, with the index of industrial production index (IIP) to expand by 8-8.5 percent year-on-year.
Vietnam’s industrial production index grew 9.4 percent in 2017, well above the growth of 7.4 percent in the previous year, driven by strong expansion in manufacturing-processing (14.5 percent).
The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 percent in the industrial production index (IPI) and 10 percent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.
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).
The industrial production index rose by 17 percent year-on-year in October, pushing the ten-month increase by 8.7 percent, higher than a 7.3 percent rise from the same period last year.
As many as 491 enterprises were established with total chapter capital of 4.8 trillion VND (211.2 million USD) in the central province of Thua Thien – Hue in the first nine months of the year.
Binh Duong enjoyed a month-on-month rise of 5.09 percent in index of industrial production (IIP) in September and a 9.48 percent year-on-year increase in the first nine months of this year.
Hanoi’s economy has expanded since the beginning of this year with steady growth recorded in all the key sectors of industry, trade, tourism and services and agriculture, reported the municipal People’s Committee.
The national index for industrial production (IIP) increased 6.7 percent year-on-year in the first eight months of this year, the General Statistics Office (GSO) reported.
The Industrial Production Index in July 2017 posted a rise from the same time last year. The seven-month index, however, was still lower than that of the same period last year.