The Covid-19 epidemic is well controlled domestically, industrial production in November 2020 continues to flourish, especially the processing and manufacturing industry with a high increase of 11.9% over the same period last year.
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| The Covid-19 epidemic is under good control in the country, industrial production in November 2020 continues to flourish |
Specifically, for the first 11 months of 2020, the index of industrial production (IIP) is estimated to increase 3.1% over the same period last year, lower than the 9.3% increase of the same period in 2019. In of which, the manufacturing increased by 4.7% (the same period in 2019 increased by 10.6%); electricity production and distribution rose 3.2%; water supply, waste and wastewater management and treatment by 4%. The mining industry alone decreased by 7.1%.
Among secondary industries, a number of key industries had a sharp decrease or a very low increase in the 11-month production index compared to the same period last year, such as mining and ore supporting services down 33.5% ; crude oil and natural gas exploitation decreased by 11.8%; motorbike and motorcycle production down 10.3%; production of other non-metal mineral products by 1.5%; electrical equipment manufacturing by 2.3% ...
In addition, a number of industries with 11-month production index increased significantly over the same period last year, such as: manufacturing of drugs, pharmaceutical chemistry and pharmaceuticals rose 29.2%; metal production by 13.6%; metal ore mining increased 13.4% ...
As for the situation of employees working in industrial enterprises as of November 1, 2020, an increase of 1.1% over the same period last month and a decrease of 2.4% from the same period last year.
In which, the number of employees in the State enterprise sector decreased by 1.8%; non-state enterprises decreased by 3.9%; enterprises with foreign investment decreased 1.8%.
Also at the same time, the number of employees working in mining enterprises decreased by 1.5% from the same period last year; processing and manufacturing decreased by 2.5%; electricity production and distribution decreased by 0.3%; water supply, waste and wastewater management and treatment decreased 0.6%.