Binh Duong: industrial production index surges by 24.1 percent
The southern province of Binh Duong’s index of industrial production (IIP) rose 24.1 percent year-on-year in January, said Nguyen Van Danh, Director of the provincial Department of Industry and Trade.
Binh Duong's industrial production index surges by 24.1 percent
Binh Duong (VNA) - The southern province of Binh Duong’s index of industrial production (IIP) rose 24.1 percent year-on-year in January, said Nguyen Van Danh, Director of the provincial Department of Industry and Trade.
Danh attributed the surge to a favourable investment climate and improvedcompetitiveness and administrative reform, which have helped lure investors.
According to theagency, the highest increases were seen in the mining industry at 39.4 percent;processing, 24.3 percent; clothing, 22.3 percent; medicine, pharmaceuticalchemistry and herbal materials, 22.2 percent; rubber and plastic products, 41.4percent; metal production, 27.2 percent; and electronic products, computers andoptical devices, 13.1 percent.
Nguyen Thanh Lam,Director of the Nha Thy Company in Thu Dau Mot district said the company’semployees worked extra shifts to make time up for the upcoming Lunar New Year(Tet) holiday, ensuring its production schedule in the first quarter, whileincreasing their incomes.
The employment index inthe province also grew by 6.8 percent in January, according to the department.-VNA
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Binh Duong's industrial production index surges by 24.1 percent 
