Ha Noi industrial index rises 5.1% in 11 months
Ha Noi industrial index rises 5.1% in 11 months
The industrial production index of Ha Noi saw a year-on-year increase of 5.1 per cent for the first 11 months of this year, according to the Ha Noi Statistic Office. In November alone, the index had a month-on-month surge of 1.4 per cent.
During the first 11 months, industrial production increased 4.7 per cent for processing, 11.3 per cent for electricity and fuel and 16 per cent for water supply and waste water treatment. Meanwhile, other industries saw reductions in production such as food processing (2.7 per cent), textiles (17.9 per cent) and paper (3.8 per cent).
At present, industrial production in Ha Noi is still experiencing difficulties mainly due to high inventory but producers have started to resume stable operations and plan to have enough goods on hand for the holidays at the end of the year and lunar new year.
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