Vietnam’s industrial production index (IPI) in May increased by 5.9percent against the same period last year, the Government news portalreported, citing figures released by the General Statistics Office(GSO).
In the January-May period, industrial output saw a year-on-year increase of 5.6 percent.
Theprocessing and manufacturing sector reported year-on-year growth of 7.5percent, contributing 5.3 percent of the general growth. Theproduction and distribution of the electricity sector jumped by 10.6percent, while the water supply, sewage and waste management sector roseby 6.1 percent.
However, the mining sector's growth fell by 2.1 percent year on year.
TheGSO also reported that Hai Phong took the lead with 11.7 percent growthrate in the first five months, followed by Quang Ngai (11.6 percent),Quang Nam (11.2 percent), and Da Nang (10.1 percent).
In the two biggest cities Ho Chi Minh City and Hanoi, IPI increased by 5.2 percent and 3.8 percent, respectively.
InApril, the sale of the processing and manufacturing sector picked up3.7 percent against the previous month and posted a year-on-yearincrease of 16.3 percent.
As of May 1, 2014, inventory level ofthe processing and manufacturing went up 12.6 percent against the sameperiod last year. Meanwhile, the level of garments and textiles fell by1.4 percent.-VNA
In the January-May period, industrial output saw a year-on-year increase of 5.6 percent.
Theprocessing and manufacturing sector reported year-on-year growth of 7.5percent, contributing 5.3 percent of the general growth. Theproduction and distribution of the electricity sector jumped by 10.6percent, while the water supply, sewage and waste management sector roseby 6.1 percent.
However, the mining sector's growth fell by 2.1 percent year on year.
TheGSO also reported that Hai Phong took the lead with 11.7 percent growthrate in the first five months, followed by Quang Ngai (11.6 percent),Quang Nam (11.2 percent), and Da Nang (10.1 percent).
In the two biggest cities Ho Chi Minh City and Hanoi, IPI increased by 5.2 percent and 3.8 percent, respectively.
InApril, the sale of the processing and manufacturing sector picked up3.7 percent against the previous month and posted a year-on-yearincrease of 16.3 percent.
As of May 1, 2014, inventory level ofthe processing and manufacturing went up 12.6 percent against the sameperiod last year. Meanwhile, the level of garments and textiles fell by1.4 percent.-VNA
