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Industrial production index rises over 11% in July

According to the General Statistics Office, the industrial production index in July grew by 11.3% over the same period last year.

In the first seven months of this year, the industrial production index increased by nearly 10% over the same period last year.
During the period, some products saw higher production index, including: Automotive rose nearly 58%, mobile phone nearly 57%, shoes, leather sandals and rolled steel increased by 19%, feed for aquaculture increased over 17%, nearly 16 % of fresh milk.
The northern province of Thai Nguyen took the lead with registered growth of nearly 218%, followed by the central province of Quang Nam (31.2%) and the northern port city of Hai Phong (15.8%). 

 
Photo for illustration
Photo for illustration

In the two biggest cities of Hanoi and HCM City, the industrial production index rose by 7.1% and 6.5% respectively. 
During the period, the country counted over 52,000 new start-up businesses registering 321.3 trillion VND in capital, a year-on-year rise of 22.7% and 22.4% respectively. 
Businesses committed 686.5 trillion VND in total newly registered and supplemented capital to the local economy over the past seven months. 
Start-up companies generated jobs for over 743,000 workers in January-July, increasing by 18.2% over the same period last year.
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