HANOI (XINHUA) – Vietnam’s national index of industrial production in 2024 expanded 8.4 per cent year-on-year, the highest growth since 2020, local media Vneconomy reported yesterday, citing the country’s General Statistics Office.
The processing and manufacturing sector went up by 9.6 per cent while the electricity production and distribution sector expanded by 9.5 per cent.
The water supply and waste management sector increased by 10.7 per cent.
The mineral exploitation sector reported a year-on-year decline of 6.5 per cent.
Key industrial products reported significant growth in 2024 including automobiles, up 27 per cent, steel production, up 18.7 per cent, and televisions, up 18.6 per cent.
