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.
The figures released by the office show that most
industrial sectors saw IIP increase on the previous month. The
exceptions were the weaving sector, which dropped 12.6 percent, and the
pharmaceutical chemistry industry, which saw its figure fall 0.2
percent.
The mineral industrial rose 21.5 percent, processing
and manufacturing increased by 7.8 percent and electricity production
recorded a 1.3 percent hike.
The IIP in the first four months
of the year increased 4.9 percent over the same period last year. Key
sectors are performing well, with weaving up 44.5 percent chemical
production up 52.1 percent and metal production up 12.1 percent.
The office said that while the IIP is not the same as high growth
rate, its rise indicates industry is remaining stable and sustainable
throughout the economic difficulties.
Industrial businesses
have striven to save costs by improving production technology and
seeking new markets to retain their growth rate.-VNA