Industrial manufacturing index up in six months

Vietnam’s industrial manufacturing index increased by about 8.6 percent in June, the General Statistics Office (GSO) has announced.
Industrial manufacturing index up in six months ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Vietnam’s industrialmanufacturing index increased by about 8.6 percent in June, the GeneralStatistics Office (GSO) has announced. 

In the first six months, the index rose 6.2percent, lower than 7.2 percent in the same period last year but above the 5.8percent growth in the first five months.

Ha Quang Tuyen, head of the GSO’s NationalAccount Department, said 17 out of 21 sectors recorded higher growth quarter-on-quarter,including manufacturing and processing, up 10.5 percent, contributing 7.4percentage points to overall growth, electricity manufacturing and distribution(up 8 percent) and water supply and waste treatment (7.8 percent).

Only mining fell by 8.2 percent due to a 11.6percent decrease in exploitation of crude oil and natural gas.

In the six months, metal production rose33.8 percent, electronics, optical equipment and computers 15.3 percent andpaper and paper products 10.2 percent.

Several industrial products registeredhigher growth in the first half, including television (39.1 percent), rolledsteel (26.1 percent), steel and iron (25.6 percent), urea fertiliser (19.4percent), natural fiber fabric (17.5 percent) and powder milk (10.4 percent).

As of June 1, the inventory index inmanufacturing and processing sector soared 10.2 percent, including beverages(up 88.8 percent), metal production (52.4 percent) and electrical equipment(33.1 percent).

Tuyen said that several large-scale steel plants,which will become operational this year, will fuel the growth of themanufacturing and processing sector. -VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.