Industry News » Hanoi's industrial production up 7.7% in Jan-Aug

For the eight-month period, the mining industry declined by 28.6% year-on-year while manufacturing and processing was up 7.8%, production and distribution of electricity up 8.1%, and water supply, sewage water collection and treatment up 7.8%.


Hanoi's Index of Industrial Production (IIP) in August expanded 3.8% month-on-month and 8.9% year-on-year, leading to an inter-annual increase of 7.7% for the January – August period, according to the municipal Statistics Office.


In August, the mining industry's index saw an increase of 1.5% month-on-month but down 27.9% year-on-year, while the manufacturing and processing industry tacked on 3.9% and 9%, respectively.


The production and distribution of electricity rose 2.2% and 8.2%, while water supply, sewage water collection and treatment increased by 2.2% and 10.7% on a monthly and annual basis, respectively.


For the eight-month period, the mining industry declined by 28.6% year-on-year while manufacturing and processing was up 7.8%, production and distribution of electricity up 8.1%, and water supply, sewage water treatment and collection up 7.8%.


Some of the industrial subsectors that registered remarkable growth during the January - August period are food processing, wood processing, rubber products, electronic devices, computers, prefabricated metal products, beds and wardrobes.

 

The employment rate of industrial companies in August expanded 0.7% month-on-month and was down 2.3% year-on-year, of which employment in the FDI sector was up 1.2% and down 1.9%, in the state sector down 0.1% and 6%, and the private sector up 0.3% and down 1.3%, respectively.


Meanwhile, the number of workforce in the mining industry saw a decline of 50.1% year-on-year, in manufacturing and processing down 2.2%, production and distribution of electricity up 0.9%, water supply and waste treatment up 3.2%.


During the January – August period, the employment rate of industrial companies was 0.1% higher year-on-year. In the state sector, the rate saw a decline of 2.7% year-on-year, private sector employment down 0.2% and the FDI sector up 1.1%.


In terms of economic groups, the rate of employment in the mining industry decreased 16.3% year-on-year, manufacturing and processing up 0.1%, production and distribution of electricity down 0.3%, water supply and waste treatment up 3.9%. (Ha Noi Times – September 3)


Vietnam will likely need $8.3 billion to provide drainage services to 36 million residents in urban areas in 2025, the World Bank (WB) projected.


The WB estimated that only 10% of domestic wastewater in Vietnam is treated while the payback rate of investors in the field remains low.


According to the Department of Science-Technology and Environment, under the Ministry of Construction, only 13% of wastewater in Vietnam’s urban areas is treated. The department attributed such rate to the lack of infrastructure for waste treatment and unsuitable technologies.


In Hanoi, wastewater treatment plants have met only 22% of the demand and the rate in Ho Chi Minh City is 21.2%, the agency noted.


Currently, Vietnam has 43 operating concentrated urban wastewater treatment plants, with a combined capacity of treating 926,000 cubic meters per day.


    
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