Hanoi’s industrial production increases 7.7% in first half

Monday, 2016-06-27 11:42:19
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Hanoi’s IIP in the first half of 2016 rose by 7.7% against the same period last year.
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NDO/VNA – The Index of Industrial Production (IIP) in Hanoi throughout the first half of 2016 rose by 7.7% against the same period last year, with June’s figure increasing by 8% year on year.

Several industries posted growth during the period, including manufacturing and processing (8.1%), electricity production and distribution (6.2%) and water supply and waste water treatment (0.9%).

The three sectors also experienced a respective increase of 8.4%, 8.7%, and 6.7% in June while the biggest gain last month (38%) was recorded by the mining industry.

The manufacturing and processing industry saw significant growth in such products as food (22.6%), clothing (38.9%), pharmaceuticals and medicine materials (24.1%), metal products (21.2%) and furniture (20%).

The IIP of the capital city expanded 7.4% year-on-year during the first five months of this year.