Hanoi’s industrial production up 7 percent in 7 months

                         A workshop at Hanoi Battery Joint Stock Company (Photo: VNA)

Hanoi’s index of industrial production (IIP) in the first seven months of this year grew robustly, surging by 7 percent year-on-year.

From January to July, the processing and manufacturing industry posted a yearly rise of 7.3 percent while electricity production and distribution grew 7.8 percent. Water supply and waste and sewage management and treatment increase by only 0.6 percent.

Industrial products that posted high growth included food (21 percent), clothing (31.9 percent), medicine (25.4 percent), steel and iron (20.7 percent) and furniture (107.2 percent).

The IIP, however, declined for several products such as mining (36 percent), wood and wood-based products (35 percent), beverage (9.3 percent), textiles (4.4 percent) and chemicals (6.5 percent).

The outlook for the city’s industrial production in the second half of the year is bright thanks to the expansion of processing and manufacturing and the development of support industries./.

Source: VNA