Specifically, industrial production value (actual price) in January is estimated at more than 58.1 trillion VND (2.48 billion USD), an increase of 21.5 trillion VND (up 58.7 percent) over the same period, including 1,061 billion VND from the state-owned enterprise sector (up 19.68 percent); 11,902 billion VND from non-state enterprise sector (increase of 67.9 percent); 45,170 billion VND from the foreign invested enterprise sector (an increase of 57.7 percent).

Production line of Celink Vietnam Co., Ltd in Van Trung Industrial Park.

The increase in industrial production value is mainly due to the 2024 Lunar New Year holiday in mid-February, so in January, businesses still operate more stably than in 2023 (2023 Lunar New Year holiday was in January).

The Bac Giang province always pays due attention to industrial production sector. The local authority has directed departments, branches and localities to grasp the production and business situation of enterprises; proactively coordinate and support them to resolve difficulties and problems.

Key industries are stepped up to meet export and consumption orders during the Lunar New Year.

Besides, since early new year, the production atmosphere at industrial enterprises is bustling, which is expected to create high growth momentum for 2024, notably in the computer manufacturing industry, electronic products, optics such as: Luxshare ICT Vietnam Co., Ltd., Hana Micron Vina Co., Ltd.; JA Solar Vietnam Co., Ltd....

Particularly, Luxshare ICT-Van Trung Co., Ltd. expanded its production scale with additional capital of 130 million USD right at the beginning of the year.

At the same time, beverage production industries; battery and accumulator production... also are prosperous with a good growth in the coming time.

Vietnam promotes green industrial park development

Many localities in Vietnam have promoted converting traditional industrial parks to eco-industrial parks and also developed new green industrial parks.

Outstanding industrial products in rural areas honoured

As many as 173 products were recognised as national outstanding rural industrial goods in 2023 at a ceremony held by the Ministry of Industry and Trade in Hanoi on December 15.

Bac Giang develops industrial parks, creates motivation to attract investment

BAC GIANG – The Northern province of Bac Giang identified industrial development as one of the three pillars for comprehensive development of economic sectors. For recent years, the province has promoted the development of industrial parks (IPs) to create advantages in attracting investment and developing industry in a modern and sustainable direction. Dao Xuan Cuong - Head of the Industrial Park Management Board (IPMB) in Bac Giang province grant an interview around this issue.

Bac Ninh hosts Vietnam industrial and manufacturing fair

The Vietnam Industrial and Manufacturing Fair (VIMF) 2023 opened on November 8 at the Kinh Bac Cultural Centre in the northern province of Bac Ninh.

October industrial production reaches seven-month high

Vietnam’s index of industrial production (IIP) in October hit the highest level over the past seven months, expanding by 5.5% compared to September and by 4.1% against the same period in 2022.