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Vietnam's industrial production up 18.3 pct on-year in January

HANOI
2024-01-30 12:34

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HANOI, Jan. 30 (Xinhua) -- Vietnam's national index of industrial production advanced 18.3 percent year-on-year in January, the General Statistics Office has said.

However, the Southeast Asian country's industrial production in January declined 4.4 percent from the previous month, the office said.

The processing and manufacturing sector, the main driver behind the surge, went up 19.3 percent year-on-year in the first month of 2024.

The electricity production and distribution sector expanded 21.6 percent, and the water supply and waste management sector increased 5.7 percent.

The mineral exploitation sector reported a year-on-year increase of 7.3 percent this month.

The index of industrial production in January increased in 60 localities nationwide and dropped in three others, said the office.
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