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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).

December 09, 2024 11:13 AM GMT+7
Industrial production expands 8.4 percent in January-November - Ảnh 1.

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)./.