Vietnam's industrial production up slightly in 5 months

Time:2020-06-02 14:19:14      Source:Xinhuanet.com
Vietnam's national index of industrial production advanced 1 percent year-on-year between January and May, the lowest level in the past several years, according to the country's General Statistics Office on Monday.
 
The rise is much lower than the 9.5-percent growth reported in the same period last year, the office said.
 
The main driver of the rise, the processing and manufacturing sector, went up 2.2 percent, while electricity production and distribution sector grew 2.6 percent, and water supply and waste management grew 2.9 percent.
 
Complex developments of the COVID-19 outbreak in the world have interrupted the input supply chain, which seriously impacted industrial activities, said the office.
 
Notably, the production of automobiles witnessed the largest output reduction year-on-year of 26.9 percent, followed by refined sugar (down 25.4 percent), beer (down 24.5 percent) and motorbikes (down 15.6 percent).
 
Meanwhile, outputs of phone components went up 18.1 percent, monosodium glutamate up 13.1 percent, and petroleum and oil up 10.7 percent.
 
As of May 1, the total number of employees in the industrial sector rose by 0.9 percent on-year. Employment in the processing and manufacturing businesses declined 1.8 percent, while that of mining ones went down 0.6 percent, said the office.
Index RMB/t DoD Basis Date
Datong 5500 ex-mine 07-01
Shuozhou 5200 FOR 07-01
Ordos 5500 ex-mine 07-01
Yulin 6200 ex-mine 07-01
Liulin Low-sulphur ex-mine 07-01
Gujiao Low-sulphur FOR 07-01
Xingtai Low-sulphur ex-Factory 07-01
Yangquan PCI FOR 07-01
Index RMB/t WoW WoW% Date
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