Vietnam’s industrial production up 9 pct in 10 months

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Vietnam’s national index of industrial production advanced 9pc year on year in the first 10 months of this year, according to the country’s General Statistics Office.

The processing and manufacturing sector, the main driver behind the surge, went up by 9.6 percent. The electricity production and distribution sector expanded by 7.8 percent, and the water supply and waste management sector increased by 6.6 percent, said the office. In October alone, the industrial production index rose 3 percent against Sept and 6.3pc year on year.

Production activities during the month continued to expand as businesses proactively overcame difficulties to recover and expand the production plan, the office noted.—APP

 

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