Industrial production expands 8.4 percent in January-November
VGP - Viet Nam's industrial production saw a year-on-year increase of 8.4 percent in the first 11 months this year, according to the General Statistics Office (GSO).
![Industrial production expands 8.4 percent in January-November - Ảnh 1. Industrial production expands 8.4 percent in January-November - Ảnh 1.](https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2024/12/9/cn-17337355403231201953902.jpg)
In November, industrial production grew 2.3 percent from October and 8.9 percent against the same period last year.
The manufacturing and processing sector reported a growth rate of 9.7 percent, contributing 8.5 percentage points to the overall industrial production expansion.
Electricity production and distribution industry recorded a rise of 10.2 percent, contributing 0.9 percentage point to industrial production growth.
The GSO said 60 out of 63 provinces and centrally-run cities experienced industrial production growth.
Fastest-growing Industries included automobiles (up 22.4 percent), steel bars and angles (21.7 percent), fiber textiles (16 percent), and oil and gas (15.9 percent)./.