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The index of industrial production in June was 99.5%, decreased slightly compared to May’14. The industries that had the highest growth rate were tabacco (+18.6%), and mining (+14.0%).Some industries’ growth rates declined compared to last month, in which the most decreases came from other transportation means (-22.0%), and metal industry (-19.5%).
Generally, in the first 6 months of 2014, index of industrial production went up by 5.6% compared to the same period of 2013. In there, mining industrywent down by 0.4%; processing industry increased by 5.6%; production and distribution of electricity rised by 5.7%; water supply and waste disposal increased by 7.2%.
Four key industries are food processing industry, rubber production, electronics, and mechanical. Production results of these 4 industries in June declined by 2.1% compared to May (mainly because of the huge decrease of electronics industry which was 14.3%); but rised 8.5% compared to the same period of 2013.
Source: HCMC Statistics Office
Data consolidated by B&Company Vietnam
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