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Thứ 5, Ngày 04/06/2020, 08:00
Long An: Industrial production index in May 2020 is estimated to increase by 3.31 percent
According to a report of the Long An Department of Industry and Trade, the industrial production index in May 2020 is estimated to increase by 3.31 percent over the previous month, up 1.35 percent over the same period last year. The accumulation of the first 5 months of 2020 increased by 1.93 percent over the same period (the same period increased by 16.11 percent). In which, processing and manufacturing industry increased by 1.66 percent; electricity production and distribution increased by 8.6 percent; water supply, waste management and waste treatment industry increased by 8.95 percent over the same period.

The number of industrial product groups in May 2020 was 75 groups, of which 44 out of 75 groups increased over the same period and 31 out of 75 groups decreased compared to the same period. The sectors with increased products such as: Milled rice increased by 7.33 percent; Aquatic feed increased by 6.58 percent; Mineral water increased by 2.68 percent; Production of cardboard boxes and boxes increased by 7.43 percent; Paint and varnish production increased by 10.73 percent ... The main reduction sectors are: Animal feed, Bottled beer, Artificial staple fiber, Bags, Shoes, Sports footwear, ...

Total retailed sales of goods and services in May 2020 were estimated at 6,786.2 billion VND, up 16.4 percent over the previous month, down 8.4 percent over the same period. Accumulated 5 months of 2020 is estimated at 36,048.6 billion VND, reaching 35.1 percent of the plan, down 2.7 percent over the same period (the same period increased by 16.7 percent).

In general, in May 2020, industries continued to suffer losses, the level of damage was higher than that in the first quarter of 2020, but the level of damage tended to decrease compared to April 2020. The cause of continued damage due to the trade with European countries and the US is still complicated, so the orders have not been recovered, still canceled orders, purchasing power still decreased. Particularly, businesses catering services and services in the province began to operate again, are gradually recovering, up from the previous month (food sales increased 26 percent compared to April 2020); Other services increased about 2,900 times compared to the previous month (of which, due to the construction of lottery service was restored in May 2020). However, the total retail sales still decreased compared to the same period last year due to the impact of the Covid epidemic.

Reported by TH

Translated by NT

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Content Type: Tin Tức Mở Rộng
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Line Agency: People's Committee of Long An Province
Standing agency: The People's Committee Office​
Direct instruction: Chief of Staff of the People's Committee​​
Address: 61 Nguyen Hue, Ward 1, Tan An City, Long An Province
Phone: (0272). 3552489​
License No. 01 / GP-TTDT-STTTT dated March 3, 2015 - Department of Information and Communications