Bắc giang
Industrial production value increases by 26%
BAC GIANG – Because the businesses in Bac Giang province have stably recovered and operated, the local industrial production value in May and the first 5 months of the year continued to highly increase compared to the same period last year, reported the Department of Industry and Trade
The industrial production value (actual price) is estimated to reach more than 60.7 trillion VND (2.6 billion USD) in May 2024 and more than 266 trillion VND in the first 5 months, increasing 26% over the same period last year and reaching 40.1% compared to the year plan.
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Of which, the state economic sector earns about 4,901 billion VND in the first 5 months while the non-state economic sector hits 26,969 billion VND. In particular, the economic sector with foreign investment is estimated to gain more than 235 trillion VND, an increase of 27.9%.
The above results showed that the province's industrial production continues to grow despite facing many challenges.
The highly increased industrial production value is mainly due to a number of large enterprises in the province expanding production and operating stably from the end of the third quarter of 2023 until now. Some typical businesses include Luxshare - ICT Vietnam Co., Ltd.; Hana Micron Vina Company Limited; enterprises belonging to FoxconnTechnology Group...
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