Today: 16/08/2022 22:46:36 (GMT+7)

Industrial production value up 43.4 percent in 4 months

(BGO) – According to the Department of Industry and Trade, the actual industrial production value (IPV) hit about 26,446 billion VND (1.1 billion USD) in April, up 4.9 percent comparing to the figure last month. The figure in the first four months is estimated at 98.334 trillion VND (4.2 billion USD), increasing 43.4 percent against the same period in 2020.

The foreign invested sector enjoyed the highest year-on-year growth of 47.7 percent to 85.642 trillion VND (3.7 billion USD), while the non-state owned economic sector posted the industrial production value of about 10.577 trillion VND (460.7 million USD), up 24.5 percent, and the state-owned sector 2.115 trillion VND, up 2.6 percent.

Industrial production value, Bac Giang province, 4 months, foreign invest sector, highest growth,  ease commodity exchange

Illustrative image.

The high IPV, especially in the foreign invested sector, was attributed to the good control of Covid-19, which helped facilitate production, business activities and trade exchanges.

At the same time, the local authorities, departments and agencies issued many policies and solutions to support enterprises in dealing with difficulties to recover the production in the new normal.

Hoang Phuong

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Industrial production value, Bac Giang province, 4 months, foreign invest sector, highest growth, ease commodity exchange
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