Vietnam's industrial production up 9.3 pct in 11 months

2019-12-02 14:49

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HANOI, Dec. 2 (Xinhua) -- Vietnam's national index of industrial production rose 9.3 percent on-year in the first 11 months of this year, the country's General Statistics Office announced on Monday.

Main driver of the surge, the processing and manufacturing sector, went up 10.6 percent, contributing 8.2 percentage points to the overall growth.

Electricity production and distribution sector grew 9.5 percent, contributing 0.9 percentage points, and water supply and waste management grew 6.7 percent, contributing 0.1 percentage points.

Between January and November, production of raw steel and iron witnessed the largest output expansion on-year, at 37.5 percent, followed by oil and petrol (up 23.9 percent), television set (up 14.6 percent), and mobile phones (up 12.3 percent).

Industrial products with significant output reductions included animal feed (1.2 percent), crude oil (7.2 percent), motorbikes (8.7 percent), refined sugar (11.9 percent) and phone components (12.9 percent).

As of November 1, the total number of employees in the industrial sector rose 2.7 percent on-year. Employment in the processing and manufacturing businesses and electricity production and distribution ones went up 2.9 percent and 3.4 percent, respectively, said the office.
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