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Bac Giang’s industrial production value increases 37.8 percent in 2 months

Updated: 10:53, 23/02/2021
(BGO) – Bac Giang province’s industrial production value (real value) in February hit more than 19.8 trillion VND (862.35 million USD), equivalent to 79.8 percent of the figure in the previous month.

The foreign invested sector enjoyed the highest industrial production value of more than 16.9 trillion VND, followed by the non-State economic sector with over 2.3 trillion VND and the State-owned economic sector 543 billion VND.

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Illustrative photo.

In the first two months of the year, the province’s industrial production value was estimated at over 44.6 trillion VND (1.94 billion USD), up 37.8 percent over the same period in 2020.

In general, Bac Giang’s industrial production in February and the first two months of 2021 saw a good year-on-year expansion thanks to competent agencies and businesses’ efforts in controlling the Covid-19 pandemic, creating a favorable environment for promoting production and business activities.

In the coming time, in order to maintain the industrial production growth rate, the Department of Industry and Trade will closely follow the guidelines and directions of the provincial Party Committee and People's Committee to implement the tasks and plans. It will focus on improving infrastructure of industrial zones and clusters, stepping up the reform of administrative procedures, and improving the business investment environment, thus facilitating enterprises’ effective production.

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