The manufacturing sector continued to be the main driver of growth, with its IIP rising by 11.6%.

In other industrial sectors, power generation and distribution increased 8.6% while water supply and waste treatment went up 6.8%.

The manufacturing sector continued to be the main driver of growth, with its IIP rising by 11.6%.

The mining and quarrying sector declined by 6%, driven by a 10.1% decrease in crude oil and natural gas production, and a 4.4% fall in the mining of hard and brown coal.

Data released by the MOIT showed strong growth in some sectors such as metal production (up 37%), motor vehicle manufacturing (up 33.1%), manufacturing of equipment and machinery (up 17.2%), and leather production (up 12.9%).

Other notable sectors with solid increases in their IIP included computers, electronic and optical devices, and paper and electric devices.

In June alone, industrial production climbed by 0.5% as against the previous month and 6.8% compared to the same month in 2020.

Industrial park closures cost epicenter Bac Giang $86 million a day

The latest Covid-19 outbreak is inflicting a daily loss of VND2 trillion (over $86 mln) in industrial production and causing 140,000 employees to miss work in Covid-19 hotspot Bac Giang.

9 businesses in Bac Giang’s industrial parks resume operation

(BGO) -  The Industrial Park Management Board (IPMB) in Bac Giang province on May 28 and 29 issued document to agree with the policy to allow 9 businesses in the industrial parks (IP) in Viet Yen district to resume operation in line with the provincial People’s Committee’s Plan No.213 after the suspension period for Covid-19 prevention and control. 

Vietnam's industrial production grows despite pandemic

The production of key industrial products, except mining activities, have continued to maintain good growth momentum in the first five months of this year despite the Covid-19 pandemic’s hit to industrial parks in the provinces of Bac Giang and Bac Ninh.

First day of temporary closure of four industrial parks: Enterprises strictly comply with the regulation

(BGO) – On May 18, the first day of temporary closure of four industrial parks (IP) of Van Trung, Quang Chau, Dinh Tram and Song Khe – Noi Hoang as wel as social isolation at Viet Yen district and three communes of Yen Dung district, the relevant sectors and local authority focused on instructing and requesting the investors to IPs and enterprises to seriously follow the regulation. 

Guard rails installed at Expressway passing Van Trung and Quang Chau industrial parks

(BGO) – To prevent the workers and pedestrians from crossing over Hanoi – Bac Giang Expressway, BOT Hanoi – Bac Giang Investment Joint Stock Company has installed steel grid guard rails at both sides and in the middle of median strip at the section from Quang Chau industrial park to Van Trung industrial park (Viet Yen district). 

Source: NDO