HÀ NỘI — The index of industrial production (IIP) grew by 9.9

percent in the first five months of this year over the same period

last year.

 

By sector the processing and manufacturing industry increased

by 12.6 percent; the electricity production and distribution

industry increased by 8.3 percent; water supply, drainage and

waste treatment 7.5 percent; while the mining industry fell by 7 percent.

 

Among the secondary industries, a number of key industries had

a high production index in the five months compared to the same

period last year.

 

Metal production grew by 38 percent; motor vehicle production

35 percent; production of beds, wardrobes, tables and chairs

18.3 percent; and production of electronic products, computers

and optical products 15.5 percent.

 

In the opposite direction, a number of industries saw a decrease.

Crude oil and natural gas exploitation dropped by 11.5 percent;

print, copy records of all kinds 5.1 percent; hard coal and lignite

mining 3.8 percent; drainage and waste treatment 1.6 percent;

production of coke and refined petroleum products 0.4 percent.

 

The number of employees working in industrial enterprises as of

May 1 rose by 1.2 percent compared to the same period last

month and by 2.2 percent over the same period last year.

 

Industrial production last month was estimated to grow by 1.6

percent over the previous month and 11.6 percent over the

same period last yeardespite the complicated developments of

the COVID-19 pandemic from the end of April, which directly

affected a number of industrial zones in the two provinces of Bắc Giang and Bắc Ninh.

 

Of which, the mining industry dropped by 6.4 percent month-on-month

and by 9.8 percent year-on-year; processing and manufacturing rose

by 2.6 percent and 14.6 percent respectively.

 

Electricity production and distribution increased by 12 percent year-on-year;

and water supply, drainage and waste treatment

increased by 6.8 percent. — VNS