Vietnam’s index of industrial production (IIP) was estimated to have risen by 10.4% in the first ten months of 2018, much higher than the 9.6% growth level of the same period last year, according to the General Statistics Office (GSO).
Vietnam’s IIP was estimated to
have risen by 10.4% in the first ten months of 2018. (Photo: VNA)
Accordingly, the manufacturing and processing industry saw a
high growth of 12.7%, contributing 9.8 percentage points to the overall IIP
growth.
In addition, the power production and
distribution sector surged by 9.6%, contributing 0.9 percentage points, while
the water supply and waste and wastewater treatment industry edged up 6.6% with
contribution of 0.1 percentage points.
Meanwhile, the mining industry decreased
by 2.6%, reducing the overall IIP by 0.4 percentage points.
The central province
of Ha Tinh recorded the highest growth
of industrial production at 105.6%, thanks to the contribution of Formosa’s steel factory, followed by the north
central province
of Thanh Hoa with 30.3%.
The southern coastal province of Ba Ria-Vung Tau
witnessed the lowest growth with 1.3% due to the decrease of crude oil
exploration.
The country’s IIP for October only was estimated
to see a year-on-year increase of 7.7%.
Source: NDO
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
