Industrial production in October continued to follow a positive growth trend. The industrial production index (IIP) in the month is estimated to have increased by 2.3% compared to the previous month and up 15.0% compared to the same period last year. The industrial production index for the manufacturing and processing sector in October rose 15.7% year-on-year; the water supply and waste and wastewater management sector increased by 7.8%; electricity production and distribution rose 15.7%; and the mining sector went up 4.9%.
[1] The rate of change in the IIP in October compared to the previous month in some industrially large localities: Quang Ngai up 6.5%; Quang Ninh up 5.9%; Ho Chi Minh City up 4.9%; Hai Phong up 4.2%; Can Tho up 3.7%; Bac Ninh up 3.4%; Dong Nai up 2.4%; Vinh Long down 2.3%; Da Nang down 3.6%. Industrial production in October continued to maintain a positive growth trend. The industrial production index (IIP) in the month is estimated to have increased by 2.3% compared to the previous month and by 15.0% compared to the same period last year.
[2]The month-over-month change in the IIP for October in some major industrial localities: Quang Ngai up 6.5%; Quang Ninh up 5.9%; Ho Chi Minh City up 4.9%; Hai Phong up 4.2%; Can Tho up 3.7%; Bac Ninh up 3.4%; Dong Nai up 2.4%; Vinh Long down 2.3%; Da Nang down 3.6%.
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