The GSO said that the IIP in the second quarter also saw a positive increase of 9.87% year-on-year as many industrial firms have resumed and gradually recovered their business activities.

Passenger cars are being manufactured at the Ford Hai Duong factory.

During the six months, the processing and manufacturing industry posted the highest industrial output growth of 9.66%. It was followed by electricity generation and distribution (6.51%), electricity production and distribution (6.1%) and the mining industry (2.28%).

Key industries that recorded high increases in H1 include clothing, up 23%; electrical equipment (22%); pharmaceutical and medical materials (17.5%); leather (13%); and electronics, computers and optical products (11%).

On the contrary, several industries saw a decline in industrial production, such as repair, maintenance and installation of machinery and equipment, down 11%; rubber and plastic products (8.5%); coke and refined petroleum products (1.4%) and crude oil and natural gas (1.2%).

Several key industries recorded high growth in the period, including clothes (up 22%); electricity equipment (20.4%); leather and leather products (13.5%); electronics, computers and optical devices (11.6%); and metal production (11.5%).

The GSO also named key industrial products with strong IIP increases, including telephone components with 22%; beer (14%); urea fertiliser (13.5%); processed seafood and automobiles (12%) and clean coal (10%).

Some products decreased compared to the previous year, such as televisions (18%); aquatic feed (7%); mobile phones (4.3%); NPK fertiliser (4%) and motorbikes (3.5%).

From January to June, the IIP rose in 61 out of 63 provinces and cities, with significant growth seen in several localities, which experienced a strong recovery in the manufacturing and processing industry thanks to the successful containment of Covid-19 such as Bac Giang (46%); Lai Chau (45%); Quang Nam (25%) and Ha Giang (24%).

According to the GSO, the consumption index of the processing and manufacturing industry in H1 rose 9.4% compared to last year's corresponding period. In June, the index dropped 1% month-on-month and advanced 9.4% year-on-year.

The average inventory rate of the processing and manufacturing industry in the six months was 78%, much lower than the 92% recorded in the same period last year, the GSO noted.

As of June 1, the number of employees working in industrial enterprises rose 1.3% over the previous month and 5.8 % compared to the same month last year.

The number of employees in State-owned enterprises decreased 4.8% year-on-year, while those in non-State firms slumped 0.3%, and those in foreign-invested businesses increased by 7%.

Bac Giang industrial production value exceeds 8.6 billion USD

(BGO) - For the first half of 2022, the industrial production value (IPV) in the northern province of Bac Giang has hit nearly 200 trillion VND or over 8.6 billion USD, increasing 55.5 percent year on year and representing 54.5 percent of annual plan.

Industrial production index up 8.3% in first 5 months of 2022

The industrial production index posted a year-on-year rise of 8.3 percent in the first five months of 2022. Manufacturing and processing expanded 9.2 percent and phone components, which are the major industrial products in the reviewed period, surged 21.6 percent against the same period last year.

Bac Giang approves for detail Planning to build Phuc Son industrial park in Tan Yen

(BGO) - The People’s Committee in Bac Giang province has issued Decision to approve for the detail Planning to build Phuc Son industrial park in Tan Yen district (ratio 1/500).

Infrastructure projects at industrial parks and clusters in Yen Dung district accelerated

(BGO) - The Vice Chairman of Bac Giang provincial People’s Committee (PPC) Phan The Tuan on June 7 worked with Yen Dung district about the project progress to construct urban area, industrial parks and clusters and social welfare apartment.

Bac Giang enhances state management over industrial clusters

(BGO) - The supervisor delegation of the People’s Council in Bac Giang province led by Lam Thi Huong Thanh, Permanent Vice Chairwoman of provincial People’s Council (PPC) on May 30 supervised the law observance in investment attraction to industrial parks and clusters in the province in the period 2018 - 2022 at the Department of Industry and Trade.

Source: VNA