Vietnam’s industrial production in November up 9.2% year on year

Update: 09:34 | 08/12/2020

The index of industrial production (IIP) in November rose 0.5% against the previous month and 9.2% compared with the same month in 2019, according to the Ministry of Planning and Investment.

The manufacturing sector recorded the largest gain at 11.9%, followed by water supply and waste treatment at 5.3% and power generation and distribution at 4%, while mining and quarrying declined by 6.2%.

Vietnam, industrial production, November, Manufacturing activity, electricity generation and distribution,  optical devices, chemicals and papers

The IIP in the manufacturing sector rises by 11.9% in November.

Aggregate data for the January-November period shows the IIP increased by 3.1% compared with the same period in 2019, much lower than the 9.3% recorded last year.

Manufacturing activity rose by 4.7% while mining and quarrying fell by a sharp 7.1% during the first 11 months of the year.

The period saw electricity generation and distribution up 3.2% and water supply and waste treatment up 4%.

Some manufacturing sectors with decent growth in the first 11 months of 2020 include drugs, pharmaceutical chemicals and medicinal materials; electronics, computers and optical devices; and chemicals and papers.

As of November 1, the number of workers at industrial enterprises rose by 1.1% from the previous month and fell 2.4% as against the same month in 2019.

Bac Giang speeds up site work at Hoa Phu industrial park
(BGO) – The Vice Chairman of Bac Giang provincial People’s Committee Phan The Tuan on November 5 held a meeting to review the implementation progress of site work and investment to the infrastructure of Hoa Phu Industrial Park (IP) in Hiep Hoa district, Bac Giang province. 
Bac Giang provincial leader urges to focus on industrial development to drive the economic growth
(BGO) - The Secretary of Bac Giang provincial Party Committee (PPC), Chairman of the provincial People’s  Committee Duong Van Thai on November 4 worked with the Management Board of provincial Industrial Parks (MBIP) about the implementation results of the tasks in 10 months as well as the tasks and solution for the upcoming time.
Bac Giang strives to become an industrial center
(BGO)- The Standing Board of the provincial Party Committee of Bac Giang province has issued the Industrial Development Plan in the province until 2030 with a vision to 2035. Bac Giang is targeted to become one of the industrial centers in the region by 2030.
Three new industrial clusters established in Bac Giang province
(BGO) - The People’s Committee in Bac Giang province has decided to established 3 new industrial clusters, inlcluding Lan Son No 2 (Luc Nam district), Jutech (Hiep Hoa district) and Trung Son - Ninh Son (Viet Yen district), each covers 75 ha to increase the total industrial clusters in the province up to 43.

Source: NDO

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