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Industrial production value estimated at more than 562.6 trillion VND.

Updated: 13:59, 29/10/2024

BAC GIANG - The industrial production value (actual price) in 10 months reached more than 562.6 trillion VND (nearly 24 billion USD) in Bac Giang province, increasing 28.1% over the same period last year and reaching 84.5% of the yearly plan, confirmed the Department of Industry and Trade.

Of which, the industrial production value in October is estimated at nearly VND81 trillion, up 7.9% over the previous month and 23.7% over the same period.

Illustrative image.

The state economic sector gains about VND881 billion, up 4.4% over the previous month and 6.5% over the same period; the non-state economic sector is estimated at VND6,593 billion, up 3.5% over the previous month and 9.2% over the same period.

The foreign-invested sector continues to reach high levels with VND73,454 billion, up 8.3% over the previous month and 25.4% over the same period.

Thus, the foreign-invested economic sector continues to make a large contribution, accounting for about 90% of the province's industrial production value in October.

This result was achieved thanks to the recovery of foreign-invested enterprises, expansion of scale, new orders and increased output.

With the current growth momentum, the province's industrial production value in 2024 is expected to reach more than 600 trillion VND.

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