Industrial production continues increasing

The General Statistics Office of Vietnam reported that industrial production index increased 9.7 percent for the last 11 months compared to the same period last year.
Mining was up 8.1 percent, processing and manufacturing 10.1 percent, electricity generation and distribution 11.5 percent, water supply and wastewater treatment 7.5 percent.
The highest increasing items were automobiles, TV, cell phones, leather footwear, rolled steel, formula milk, beer, clothes and processed seafood.

Inventory level in the manufacturing and processing field dropped 9.7 percent against the same period last year on November 1.
Fields with low inventory levels comprised textile, metal manufacturing, food production and processing, chemical production.

By D. Tuan – Translated by Hai Mien

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