Hanoi industrial production expands 7.5% in Jan-Feb
Manufacturing and processing, which accounts for 96.5% of total production value in the industry sector, expanded 7.8% year-on-year between January and February.
Manufacturing and processing, which accounts for 96.5% of total production value in the industry sector, expanded 7.8% year-on-year between January and February.
The health of the sector has now strengthened in three successive months.
The move aims to ensure teaching and learning quality, as well as completing the schools’ plan and schedule amidst the new Covid-19 outbreak in Hanoi.
The improvement in disbursement rate in the first two months of 2020 was partly thanks to the effectiveness of the revised Public Investment Law since early 2020.
The FDI sector posted exports of US$26.2 billion in the January – February period, up 5% year-on-year and accounting for 67% of Vietnam’s exports.
Vietnam's trade turnover is expected to reach US$74 billion in the January – February period, up 2.4% year-on-year.
Total capital added to the economy by companies between January and February was VND641 trillion (US$27.75 billion).
FDI commitments in the January – February period totaled US$6.47 billion, down 23.6% year-on-year.