Economy

Industrial production value rises 12.3 percent

WEDNESDAY, 09/10/2019 08:10:11

Sectors that saw stable growth in the reviewed period are production of ignition kit and engine wire, footwear, electricity production, electronic integrated circuit...

The industrial production value of Hai Duong province hit 174.6 trillion VND (over 7.5 billion USD) in the first nine months of 2019, equivalent to 84.1 percent of the plan set for the year, and up 12.3 percent against that of the same period last year.

Sectors that saw stable growth in the reviewed period are production of ignition kit and engine wire (32.9 percent), footwear (20.3 percent), electricity production (20.2 percent), electronic integrated circuit (15.7 percent), and garment and textiles (13 percent).

With remarkable socio-economic achievements, Hai Duong province has become an economic spotlight in the Red River Delta and the northern key economic region.

In the first half of this year, the provincial economy grew about 7.2 percent. The industry and construction sector expanded 10.1 percent.

Besides, foreign investment attraction in Hai Duong province saw an increase.

Statistics from the Ministry of Planning and Investment’s Foreign Investment Agency show that the province lured 450 million USD in foreign direct investment (FDI) in the first half of this year, ranking 10th among the 46 localities that received capital of this kind in the period.

VNA

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