Industrial production up 10 percent Business

Industrial production up 10 percent

The country's industrial production sector posted a 10 percent growth rate in January, compared with the same period last year, the Ministry of Industry and Trade said.

Processing and manufacturing industry sees positive signs

By the end of the first quarter of 2014, the processing and manufacturing industry obtained relatively high growth, the Vietnam Economic News reported, adding that while the sector’s inventories decreased gradually the market for industrial products remained difficult.

Capital industrial production soars

Hanoi’s index of industrial production (IIP) this month increased 7.8 percent over last month, and rose 12.1 percent compared with the corresponding period last year, the General Statistics Office have announced.

Hai Phong getting picky over investment projects

The northern port city of Hai Phong will no longer accept investments for projects with capital of less than 1 million USD, or with technologies manufactured before 2000, according to a newly-issued decision by the Hai Phong People's Committee.

Dong Nai attracts investment

Dong Nai province is one of the top southern provinces attracting domestic and foreign investment in port and hotel projects and is becoming a major investment destination, according to the Ministry of Planning and Investment.