The industrial production index in the first eight months of 2019 saw good growth of 9.5 percent year on year, according to figures released by the General Statistics Office (GSO).
Hanoi (VNA) – The industrial production indexin the first eight months of 2019 saw good growth of 9.5 percent year on year,according to figures released by the General Statistics Office (GSO).
The processing and manufacturing sector led the growthwith a 10.6 percent increase. However, this is lower than the growth rate of13.1 percent in the same period last year.
It was followed by the electricity generation anddistribution sector with a 10.2 percent rise, and the water supply and waste,waste water treatment with a 7.4 percent rise.
The mining industry also reported a 2.5 percentincrease in the period.
Major industrial products with high growth include crudeiron, steel (up 56.9 percent), petrol and oil (42.9 percent), television (23.1percent) and aquaculture feed (14.6 percent).
In August alone, the industrial production index pickedup 5.4 percent compared to last month and 10.5 percent from the same month lastyear, driving by strong increases of the mining industry (14.4 percent),processing and manufacturing (10.3 percent) and water supply and waste, wastewater treatment (7.6 percent). –VNA
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Illustrative photo (Source: VNA) 
