Haiphong’s industrial production maintains high growth tempo

The industrial production in the city area continues the increasing growth, according to the latest information of the Department of Industry and Trade. 33 out of 51 economic sectors eye the higher IIP over the same period last year.

Illustrative image (Source: haiphong.gov.vn)

The highest growth is recorded in the production of motors and generators with the increase of more than 14.2%. The communication device production sector continues gaining high growth over the same period last year, more than 124% in the first 2 months of the year. This is the ever-highest growth in the recent 3 years with the contribution of LG’s affiliates as LG Display, LG Electronic, LG Innotech. Industrial production of concrete and gypsum production remains high growth of 32% with higher orders./.

Vu Hoa, Viet Nam