In August 2020, the industrial production index increased by 9.53 percent over the previous month
Accordingly, in August 2020, the industrial production index increased by 9.53 over the previous month, increased by 20.83 percent over the same period in 2019. Accumulating 8 months of 2020, the industrial production index increased by 6,7 percent over the same period (same period increased 15.16 percent). In which, processing and manufacturing increased by 6.59 percent; electricity production and distribution rose 8.85 percent; water supply, waste and waste water management and treatment rose 11.88 percent over the same period.
If in July, there were 45 out of 75 groups of industrial products with growth rates, by August, the number of industrial products groups increased to 51 out of 75 groups. The number of declining sectors has decreased to 24 out of 75.
The industries with increased products such as: T-shirts for adults, pharmaceutical manufacturing, carton production, cardboard boxes, fertilizer production, aquatic food, dried cashew nuts, milled rice, woven fabrics artificial fibers, paint production ...
The industries that decreased mainly focused on the production of bags, production of cement components, footwear, sports shoes, bottled beer production, wood plywood production, and fiber production from artificial cotton. Production of iron and steel semi-finished products, production of mineral water ...
Although the index of industrial production showed signs of recovery, epidemics in other countries were still complicated and reappeared in the country. Therefore, the business continues to be affected, orders have not been fully recovered./.
Reported by Mai Huong
Translated by NT