According to the report on the socio-economic situation in the first four months of 2018 of the General Statistics Office, the industrial production index in April 2018 made a strong breakthrough with an estimated growth rate of 9.4% over the same period. last year.

Having that growth is thanks to the contributions of many key economic sectors. In which, the manufacturing increased by 12.3%; electricity production and distribution rose 9.6%; water supply and waste and wastewater treatment rose 2.6%; mining decreased by 5%.

Generally, in the first four months of 2018, the industrial production index increased by 11.4% over the same period last year, higher than the 6.6% increase of the same period in 2017.

In which, processing and manufacturing continued to grow at 14%, contributing 10.6 percentage points to the general growth; electricity production and distribution increased by 9.7%, contributing 0.9 percentage points; water supply and waste treatment, wastewater increased 5.5%, contributing 0.1 percentage point; the mining industry decreased by 1.2%, decreasing by 0.2 percentage points of the overall growth rate.

Some major industrial products in the first four months of the year increased highly against the same period last year such as crude steel, up 38.2%; fabrics made of synthetic fibers or man-made fibers, up 26.2%; powdered milk increased by 20.7%; aquatic food by 19%; television by 17.5%; processed seafood increased 11.8%.

In addition, a number of products with low growth or decrease are natural gas gas, up 3.1%; MSG increased 2.9%; shampoo and conditioner rose 2.8%; mobile phone by 2.6%; Fresh milk decreased by 0.5% …

The General Statistics Office also said that the index of industrial production in the first four months of 2018 of 63 provinces and centrally-run cities all increased over the same period last year. As a result, the number of employees working in industrial enterprises as of April 1, 2018, increased by 39% over the same period last year.

However, while the employment of the non-state enterprise sector increased 4.3% and the FDI enterprise increased 4.5%, the State owned enterprise sector decreased by 1.1%.

Generally assessing the industrial production situation in the first four months of 2018, some experts said that, despite achieving positive results, the industry will still face some difficulties from the pressure of countries. take measures to protect trade, protect domestic production of countries, which can negatively affect the consumer market of products.

According to Dao Vu
VnEconomy