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Vietnam's industrial production up 10.2 pct in 2018

Source: Xinhua| 2018-12-28 11:40:08|Editor: Yang Yi
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HANOI, Dec. 28 (Xinhua) -- Vietnam's national index of industrial production advanced 10.2 percent on-year in 2018, according to the country's General Statistics Office on Friday.

Main driver of the surge, the processing and manufacturing sector, went up 12.3 percent, contributing 9.5 percentage points to the overall growth.

Electricity production and distribution sector grew 10 percent, contributing 0.9 percentage points, and water supply and waste management grew 6.3 percent, contributing 0.1 percentage points.

Production of oil and petrol witnessed the largest output expansion on-year at 51.2 percent, followed by raw steel and iron (up 43.8 percent), liquefied petroleum gas (29.8 percent) and television sets (up 24 percent).

Meanwhile, outputs of crude oil went down 11.3 percent and mobile phones down 1 percent.

Central Ha Tinh province posted the highest industrial production growth of 89 percent in 2018, tailed by northern Thanh Hoa province (34.9 percent), northern Hai Phong city (25.2 percent) and northern Vinh Phuc province (15.2 percent).

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