The ministry sets to raise the Industrial Production Index(IIP) by around 7 – 8 percent, contributing to boost the GDP growth to 6 – 6.5percent in 2022, according to Deputy Minister Tran QuocKhanh.
Last year, the industrial production maintained growth, though modest, despite impacts of COVID-19, the MoIT reported. The sector expanded 4.82percent from the previous year on the back of key areas such as electronics,textile and garment, footwear and wood manufacturing.
Among the 63 cities and provinces nationwide, Ninh Thuan saw thehighest growth in IIP, 24.6 percent. It was followed by Dak Lak (23.8 percent),Gia Lai (20.5 percent), Hai Phong (18.2 percent), and Binh Phuoc (17.8percent).
Ho Chi Minh City was among the worst-hit by COVID-19, withthe IIP plunging 14.3 percent year-on-year due to COVID-19 outbreaks atfactories and export processing zones causing production disruption./.