A breakdown of sub-sectors shows manufacturing recorded the largest increase at 10.6%, followed by 10.2% in electricity generation and transmission.

The IIP for water supply and waste treatment went up 7.4% while the mining sector climbed 2.5%.

Manufacturing recorded the largest IIP increase at 10.6%.

Several of sectors with a high IIP in the eight months of 2019 were coke and refined petroleum products at 40.9%, metal production at 40.2% and metal ore mining at 19.3%.

In the meantime, the production of electronics, computers and optical products increased by a meagre 3.8% compared with 17% recorded during the same period of 2018.As of August 1, the number of workers in industrial enterprises rose 1.7% against the previous month and 1.5% year on year.

Job numbers in the state sector declined by 1.9% while those at domestic private companies and foreign-invested firms edged up by 0.5% and 2.5% respectively.

Vietnam up three spots in global innovation index

Vietnam has jumped three spots to the 42nd position out of 129 world economies in the Global Innovation Index (GII) as announced by the World Intellectual Property Organisation (WIPO) in New Delhi, India on July 24. 

Vietnam up three places on Sustainable Development Goal Index

 

Vietnam consumer confidence index rises to record high

Vietnam surpassed Indonesia to rank third in consumer confidence in the first quarter behind only the Philippines and India, according to the latest Conference Board Global Consumer Confidence Survey conducted in collaboration with global measurement company Nielsen.

Five-month index of industrial production up 9.4%

 

Quang Ninh, central bank lead 2018 administrative reform index

The northern province of Quang Ninh and the State Bank of Vietnam (SBV) have led the Public Administration Reform Index 2018 (PAR INDEX) announced by the Government Steering Committee for Administrative Reform during a conference in Hanoi on May 24.

Source: NDO