The main cause of the decrease in the IIP in January was due to coinciding with the long Lunar New Year holiday, the number of working and production days less, so enterprises reduced the amount of production.
Accordingly, in January, the processing and manufacturing industry increased by 4.8%; the electricity production and distribution increased by 13.5%; the water supply, waste management and treatment industry increased by 9.2% over the same period.
The number of industrial product groups in January was 75 groups, in which 33/75 groups increased over the same period and 42/75 groups decreased over the same period.
Some major industrial products increased as follows: Construction bricks, plastic products, mineral and chemical fertilizers, wooden products, commercial electricity, wall paints, finished fabrics, pharmaceuticals, all kinds of thread, mineral water, finished iron and steel, animal feed, etc. Products decreased such as: footwear, garments, cashew kernels, backpacks, bags, rice milling./.
Reported by Mai Huong
Translated by Lan Vy
