Industrial production in May 2021 was estimated to increase by 1.6% over the previous month and 11.6% over the same period last year[1] in the context of the complicated Covid-19 pandemic from the end of April and affecting directly some industrial zone in Bac Giang, Bac Ninh, however quickly zoned and controlled. Generally, for the first 5 months of 2021, the index of industrial production increased by 9.9% over the same period last year, of which the manufacturing industry increased by 12.6%.
The index of industrial production (IIP) in May 2021 was estimated to grow by 1.6% from the previous month and to rise by 11.6% from the same period last year, of which the mining industry both went down by 6.4% and by 9.8%; manufacturing increased by 2.6% and rose by 14.6%; electricity production and distribution went up by 2.2% and peaked up by 12%[2]; water supply, waste and wastewater management, and treatment all down by 3.1% and up by 6.8%.
Overall, for the first five months of 2021, the IIP was estimated to increase by 9.9% over the same period last year. Of which, the manufacturing rose by 12.6% (increased by 3.2% in the same period last year), contributing 10.2 percentage points to the general growth; electricity production and distribution went up by 8.3% (the same period last year up by 2.1%), contributed 0.7 percentage points; water supply, waste and wastewater management, and treatment peaked up by 7.5% (increased by 2.9% in the same period last year), contributing 0.1 percentage points; the mining industry alone shrank by 7% (decreased by 7.7% in the same period last year), down by 1.1 percentage points in the general growth rate.
In 2-digit industrial activities, the index of production in 5 months 2021 of some key activities significantly increased compared to the same period last year: Manufacture of basic metal (38%); Manufacture of motor vehicles; trailers and semi-trailers (35%); Manufacture of furniture (18.3%); Manufacture of machinery and equipment n.e.c (15.6%); Manufacture of computer, electronic and optical products (15.5%); Mining support service activities (14.6%); Waste collection, treatment and disposal activities; materials recovery (14.4%); Manufacture of other transport equipment (13.6%); Manufacture of beverages (12.8%). On the other side, some industries saw a decrease: Extraction of crude petroleum and natural gas (11.5%); Printing and reproduction of recorded media (5.1%); Mining of coal and lignite (3.8%); Sewerage and sewer treatment activities (1.6%); Manufacture of coke and refined petroleum products (0.4%).
Some major industrial products in the first 5 months of 2021 increased sharply over the same period last year: Laminated steel (60%); Automobile (56%); Phone accessories (36.4%); mobile phone (22.2%); Crude steel, iron (18.4%); motorbike (15.3%); chemical paint (14.6%); N.P.K mixed fertilizer (13.5%); television (13.2%); Powder milk and Leather footwear (both 12.6%); beers of all kinds (11.7%). Some products decreased compared to the same period last year: Natural gas (in the form of air) (13.1%); urea fertilizer (10.8%); Extracted crude oil (9.5%); Petroleum (9.3%); Monosodium glutamate (8.6%); Refined sugar (4.9%); coal (pure) (3.7%).
The number of employees working in industrial enterprises as of 1/5/2021 increased by 1.2% over the same period last month and rose by 2.2% over the same period last year, of which the number of working employees in the state-owned enterprise sector went up by 0.2% and decreased by 2%; non-state enterprises increased by 1% and grew by 1.5%; enterprises of foreign direct investment rose by 1.5% and went up by 3.2%. By industry, the number of employees working in mining and quarrying peaked up by 0.3% over the same period last month and fell by 0.9% against the same period last year; manufacturing went up by 1.3% and rose by 2.4%; the production and distribution of electricity remained unchanged and rose by 0.4%; the water supply, sewerage, waste management, and remediation activities increased by 0.1% and rose by 0.2%.
[1] Industrial production in May 2020 decreased by 4.6% over the same period last year.
[2] In the first 5 months of 2020, IIP of electricity production and distribution of May 2020 decreased by 1% over May 2019 due to the Covid-19’s effects.