Several products saw higher growth than the same period last year, including televisions (42 %), automobiles (28.6 %), and cattle feed (17.5% while others edged down, for example, motorbikes (2.3%), footwear (2.9%), sugar (3.4%) and crude oil (4.5%). The two major economic hubs – Hanoi and Ho Chi Minh City – saw increases of 7.4% and 6.4%, respectively.
As of May 1, the inventory level of manufacturing and processing industry rose by 8.7% year on year, lower than last year’s figure of 11.5%, the GSO said. Sharp rises were witnessed in computers, electronic and optical products (104.9%), vehicles (65.5%), and paper products (36.1%). The number of workers in industry increased 6.1% year-on-year.
Thai Nguyen province registered the largest IIP expansion of 39.9%. Quang Nam Province came second with 37.9%, followed by Hai Phong, Bac Ninh, Da Nang, Hai Duong, Dong Nai, Binh Duong, Hanoi, Ho Chi Minh City, etc.
