Nghe An industrial production index in August increased by more than 11%
In August 2024, the industrial production index of Nghe An maintained growth momentum compared to the previous month and the same period.
The industrial production index in August 2024 is estimated to increase by 11.14% over the same period. Of which: Mining industry increased by 37.64%; Production and distribution of electricity, gas, hot water, steam and air conditioning increased by 13.39%; Processing and manufacturing industry increased by 9.88% and Water supply, waste and wastewater management and treatment activities increased by 4.99%.
In August 2024, businesses have stepped up production, expanded business scale, many new projects have been deployed and put into operation, some new factories after the trial period have had stable commercial products that have contributed to the growth of the industry such as: Taical Additive Granules Factory, electronic components, auto spare parts, solar battery modules; leather shoes.
Some manufactured products grew quite well compared to the same period, such as: Beer can shells estimated at 551.4 tons, 2 times higher; Construction stone estimated at 499.9 thousand m3, up 95.48%; Headphones not connected to microphones are estimated at 6.9 million units, up 92.10%; Electric cable production services are estimated at 521.7 billion VND, up 49.0%; Processed stone is estimated at 99.8 thousand m3, up 37.71%; Charging docks are estimated at 1.6 million units, up 20.71%; Fresh milk is estimated at 19.9 million liters, up 15.60%; Electricity production in the month is estimated at 469.1 million KWh, up 14.74%; Cement clanke is estimated at 724.3 thousand tons, up 14.08%; Animal feed is estimated at 15.5 thousand tons, up 13.21%.
In addition to the advantages, the production situation of some enterprises still faces difficulties, exports decrease, orders cannot be found, input material prices increase, and labor recruitment is not as required. In addition, some products have slow market consumption, lack of input materials, and products are difficult to sell and reach low levels such as: BSE speakers are estimated at 3.5 million units, down 50.12%; Fish sauce is estimated at 28.0 million liters, down 22.51%; Wood shavings and chips are estimated at 23.3 thousand tons, down 17.98%; Cartons are estimated at 2.4 million units, down 17.06%; NPK chemical fertilizers are estimated at 2.5 thousand tons, down 16.67%; Paper packaging is estimated at 3.8 million units, down 15.59%; Bottled beer is estimated at 3.7 million liters, down 15.49%; Roofing sheets are estimated at 105.2 thousand tons, down 11.09%; Cement is estimated at 693.9 thousand tons, down 2.59%.
In the first 8 months of 2024, the industrial production index increased by 10.35% over the same period. Of which: Production and distribution of electricity, gas, hot water, steam and air conditioning increased by 15.75%; Processing and manufacturing industry increased by 10.01%; Water supply, waste and wastewater management and treatment activities increased by 7.38% and Mining industry increased by 5.32%.
The Industrial Production Index increased as businesses made efforts to return to production. Some factories signed new orders at the beginning of the year, increasing exports. Some products found markets, so production was more stable.
