Manufacturing, processing inventory increases 12.5 percent

The inventory index of the processing and manufacturing field was up 12.5 percent in March compared to the same period last year, reported the Ministry of Industry and Trade.

Workers making wooden products for export at Satimex Company (Illustrative photo: SGGP)

Some industries seeing inventory rates higher than the common level comprise motor vehicle making with 89 percent; electronic, computer and optic products with 79.6 percent.

The rate of paper and paper products in stock hit 51.5 percent, beverage 50.8 percent, nonmetallic mineral products 35.2 percent, furniture 29.3 percent, rubber and plastic items 28.1 percent.

During the first two months this year, the manufacturing and processing field posted the inventory rate of 74.3 percent.

Industries having high inventory levels include medicines with 113.4 percent, precast metal products except machines and equipment 111.5 percent and chemical and chemical products 102.8 percent.

By H. My – Translated by Hai Mien

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