HANOI (Vietnam News/ANN): The index of industrial production (IIP) grew by 9.9 per cent 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 per cent; the electricity production and distribution industry increased by 8.3 per cent; water supply, drainage and waste treatment 7.5 per cent; while the mining industry fell by 7 per cent. Metal production grew by 38 per cent; motor vehicle production 35 per cent; production of beds, wardrobes, tables and chairs 18.3 per cent; and production of electronic products, computers and optical products 15.5 per cent. Crude oil and natural gas exploitation dropped by 11.5 per cent; print, copy records of all kinds 5.1 per cent; hard coal and lignite mining 3.8 per cent; drainage and waste treatment 1.6 per cent; production of coke and refined petroleum products 0.4 per cent. Electricity production and distribution increased by 12 per cent year-on-year; and water supply, drainage and waste treatment increased by 6.8 per cent.

Source: The Star June 02, 2021 03:00 UTC