28/11/2014
Industrial output rises 5.3% in November
Vietnam’s industrial production rose by an estimated 5.3% in November compared to that in October and posted an annual increase of 11.1% – the biggest year-on-year rise over the past nine months – the General Statistics Office (GSO) said.
Industrial output rises 5.3% in
November
Vietnam’s industrial production rose by an estimated
5.3% in November compared to that in October and posted an annual increase of
11.1% – the biggest year-on-year rise over the past nine months – the General
Statistics Office (GSO) said.
Referring
to the production status of each industry, both manufacturing and mining
outputs increased 11%, electricity production and supply increased 12.6%, and
water supply and waste treatment increased 7.6%.
The
nation’s industrial production index (IPI) in the January-November period was
estimated at 7.5% above its level a year earlier, with factory output rising
8.6% and electricity production and supply up 11.7%.
Some
sectors posted 11-month indices much higher than 2013 including the production
of electronic products, computer and optical products (up 34.9%), and the
production of motor vehicles (up 21.8%).
Several
industrial products recording high year-on-year growth rates in the period
included mobile phones (up 59.3%), automobiles (28.3%), fresh milk (20.4%) and
footwear (20%). Other products saw lower growth rates such as shampoos (down
0.2%), powder milk (down 7.2%), liquefied petroleum gas (down 7.6%),
motorcycles (down 10%) and cigarettes (down 13.1%).
The
GSO report also revealed that the inventory index of the manufacturing sector
as of November 1 dropped by 0.3% against the previous month, but still rose by
10.2% compared to the same period in 2013.
(nhandan.org.vn)