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In the first 5 months: The industrial production index increased over 11%

Wednesday, 30/05/2018

The mechanisms and policies of the province create favorable conditions for enterprises on innovating technology, diversifying and improving the quality and competitiveness of products, the industry in the province has the growth with the industrial production index in May increasing nearly 2.3% compared to the previous month and increasing over 8% compared to the last same period.

Nissin Vietnam Brake Manufacturing Company (Khai Quang IP) achieved the good growth in the first 5 months of 2018.

In the first 5 months, the industrial production index of the province increased more than 11% over the last same period. In which, 3 key industrial sectors of the province continued increasing well compared to the same period: The motor vehicle production sector up over 20% due to people's increasing demand on vehicles, while imported vehicles were limited and manufacturers constantly offered many models with the various design, reasonable price, high output compared to the same period.

The electronic products increased 15% compared to the same period of the previous year due to the production mainly under the orders of some big companies such as Samsung, Apple. The production field of means of transportation increased nearly 9% compared to the same period due to the expansion of the market, the variety of vehicles and good consumption.

Also in the first 5 months of the year, industrial enterprises in the province produced nearly 100,000 tons of animal feed, over 30 million all kinds of clothes, nearly 26,000 cars and nearly 800,000 all kinds of motorcycles.

Vinh Phuc News


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