Vietnam's industrial production up slightly in 7 months

Time:2020-07-31 10:31:15      Source:Xinhuanet.com

Vietnam's national index of industrial production advanced 2.6 percent year-on-year in the first seven months of this year, according to the General Statistics Office on Thursday.

The main driver of the rise, the processing and manufacturing sector, went up 4.2 percent, contributing 3.5 percentage points to the overall growth.

Electricity production and distribution sector grew 2.1 percent, contributing 0.2 percentage points, and water supply and waste management grew 3.3 percent, contributing 0.1 percentage points.

Complex developments of the COVID-19 pandemic globally have disrupted the supply chain, causing difficulties for industrial production, the office noted.

Production of refined sugar witnessed the largest output reduction year-on-year, at 23.1 percent, followed by automobiles (down 22.3 percent), beer (down 14.9 percent) and crude oil (down 14.1 percent).

Outputs of petroleum and oil went up 18.6 percent, TV sets up 12.4 percent, phone components up 11.4 percent and monosodium glutamate up 10.5 percent.

As of July 1, the total number of employees in the industrial sector declined 1.8 percent year-on-year. Employment in the processing and manufacturing businesses dropped 1.9 percent, while that of mining ones went up 0.4 percent, said the office.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-19
Shuozhou 5200 435 0 FOR 06-19
Ordos 5500 415 0 ex-mine 06-19
Yulin 6200 535 0 ex-mine 06-19
Liulin Low-sulphur 560 0 ex-mine 06-19
Gujiao Low-sulphur 1095 0 FOR 06-19
Xingtai Low-sulphur 1210 0 ex-Factory 06-19
Yangquan PCI 770 0 FOR 06-19
Index RMB/t WoW WoW% Date
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