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Apr 02, 2014 / 15:41

Industrial production edges 4.7% in March

Viet Nam’s Index of Industrial Production (IIP) for March edged up 4.7% on the same month last year.

In the first three months of 2014, the IIP recorded a year-on-year rise of 5.2%, higher than the rate of 5% in 2013.

Several industries posted increases such as textile (20.2%), leather and leather products (19.4%) and ready-made clothes (14%).
 
The northern port city of Hai Phong and the central city of Da Nang were among the localities seeing the highest IIP increase rates, with11.3% and 10.5% respectively. They were followed by Quang Nam province (8.9%), Dong Nai province (7.1%), Binh Duong province (6.5%), Ha Noi (3.9%), Bac Ninh (4.8%), Vinh Phuc (0.2%), Can Tho (5%), Hai Duong (6.4%) and  Da Nang (10.5%).

Meanwhile, decline in industrial production was seen in Quang Ninh province (3.5%), Ba Ria-Vung Tau province (1.7%), and Quang Ngai (1.9%).

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