Industrial production in April was estimated to increase by 2% over the previous month and by 9.4% over the same period last year due to the control of the Covid-19 epidemic, businesses being more proactive in terms of labor and production plans, overcome difficulties to recover and expand production.
Industrial production in the first quarter of 2022 continued to prosper with the added value of the whole industry increasing by 7.07% over the same period last year, of which the processing and manufacturing industry increased by 7.79%; electricity production and distribution grew steadily; The positive growth in the mining industry was mainly due to increased coal and metal ore mining.
Industrial production in February 2022 is estimated to decrease by 12.4% compared to the previous month because the Lunar New Year holiday is mostly concentrated in February.
Industrial production index in January 2022 decreased by 3.1% compared to the previous month and increased by 2.4% over the same period last year, of which the processing and manufacturing industry increased by 2.8%.
Industrial production in the fourth quarter of 2021 prospered right with a value-added growth rate of 6.52% over the same period last year
Industrial production in November continued to prosper when localities across the country implemented the Government's Resolution No. 128/NQ-CP dated October 11, 2021 on safe adaptation, flexibility, effective control and safety Covid-19 epidemic results.
Industrial production in October prospered when the Covid-19 epidemic was gradually controlled, social distancing measures were eased, production and business activities were gradually restored to a new normal.
Industrial production in August was affected when the Covid-19 pandemic continued to develop complicatedly, many localities had to implement social distancing to prevent epidemics according to Directive No. 16/CT-TTg
The fourth Covid-19 pandemic with a new strain has been complicated, negatively affecting industrial production in July and seven months of this year.
Industrial production in the second quarter of 2021 grew quite well because business activities of enterprises were maintained and gradually recovered, the growth rate of added value reached 11.45% over the same period last year.
