HAIPHONG’S IIP INCREASES OVER 2019

And following will be information of economy and consumption. In the past 5 months of 2020, in spite of impacts from Covid-10, the IIP o Haiphong still eyed an increase of 13% over the same period of 2019.

However, this is the lowest growth within 5 months recorded in the past 3 years. For the level-1 industrial sectors, the processing and manufacturing sector rose by 13.42%; electric generation and distribution jumped by 12.83%. Several industrial products witnessed the rising IIP in the previous 5 months. These are electric motor bikes, up 141.5%; food for poultry up by 50.51%; electric battery of all kinds went up 41.77%; iron and steel of different types up 1.2%./.