INDEX OF INDUSTRIAL PRODUCTION MAINTAINS A SHARP INCREASE

According to Hai Phong Statistics Office, the city’s industrial production index in the first 8 months of 2019 has maintained a high growth rate, which is at 23.77% compared to the same period last year.

In particular, processing and manufacturing continued to be the main driving force of Hai Phong industry with an increase of 25.23%. Meanwhile, electricity production and distribution increased by nearly 11% . Water supply and mining increased by 9.55% and 4.97%, respectively. Besides, 33 out of 51 industries of level 4 achieved growth in the index of industrial production. The production of motors and generators reached the highest increase of 238.85%. Next are the communication equipment manufacturing and wood product manufacturing industries, which increased by 95.74% and 79.47%, respectively.