Vietnam's industrial production up in Q1

Source: Xinhua| 2020-04-03 12:42:13|Editor: huaxia

HANOI, April 3 (Xinhua) -- Vietnam's national index of industrial production advanced 5.28 percent year-on-year in the first quarter of this year, the country's General Statistics Office announced on Friday.

The main driver of the surge, the processing and manufacturing sector, went up 7.12 percent from the same period of last year, contributing 1.64 percentage points to the overall growth.

Electricity production and distribution sector grew 7.46 percent, contributing 0.41 percentage points, and water supply and waste management grew 6.67 percent, contributing 0.05 percentage points.

Production of phone components witnessed the largest output expansion year-on-year of 34.7 percent, followed by petroleum and oil, monosodium glutamate and fabrics, which increased by 17.4 percent, 12.3 percent and 11.3 percent respectively.

Meanwhile, outputs of beer went down 18.9 percent and refined sugar down 17 percent.

As of March 1, the total number of employees in the industrial sector rose 1.4 percent on-year. Employment in the processing and manufacturing businesses and electricity production and distribution ones went up 1.6 percent and 0.1 percent respectively, said the office.