July production shows 7% rise
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Vietnam's index of industrial production (IIP) for July rose by 7 per cent year on year, according to the country's General Statistics Office (GSO).
In July, mining and manufacturing production increased by 6.8 per cent, while the power sector grew 9.2 per cent compared to the previous year. Water supply and waste treatment saw a smaller rise of 1.6 per cent.
Based on July’s figures, total industrial output in the first seven months of 2013 climbed by 5.2 per cent over the same period last year, the GSO reported.
During the January-July period, leather products made the biggest annual gain, jumping by 17.3 per cent, followed by motor vehicles and paper, which grew 14.3 per cent and 11.6 per cent, respectively.
The IIP for most cities and provinces nationwide increased during this period, of which the northern province of Vinh Phuc recorded the highest growth of 24.4 per cent, followed by the central city of Da Nang at 10.5 per cent. Ho Chi Minh City rose by 4.2 per cent and Hanoi by 5.3 per cent.
