Economy

Nghe An's industrial production index in October increased by nearly 12%

Thu Huyen DNUM_ADZBBZCACE 06:06

In October 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 October 2024 is estimated to increase by 11.85% over the same period. Of which: Production and distribution of electricity, gas, hot water, steam and air conditioning increased by 20.69%; Mining industry increased by 20.31%; Processing and manufacturing industry increased by 9.99% and Water supply, waste and wastewater management and treatment activities increased by 6.22%.

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Graphics: Huu Quan

In October 2024, businesses have stepped up production and expanded their business scale. After a trial period, some new factories have had stable commercial products, contributing to the overall growth of the industry such as: Taical Additive Granules Factory, electronic components, auto parts, solar battery modules; leather shoes.

Dây chuyền sản xuất tự động tại Khu liên hợp Nghi Văn. Ảnh: Nguyễn Hải
Automatic brick production line of Trung Do Joint Stock Company at Nghi Van Complex. Photo: Nguyen Hai

Some manufactured products grew quite well compared to the same period: Microphones are estimated at 19.9 million units, 7.0 times higher; Headphones not connected to microphones are estimated at 5.8 million units, up 95.64%; Construction stone is estimated at 359.1 thousand m3, up 68.53%; Wood shavings and chips are estimated at 23.9 thousand tons, up 53.43%; Processed stone is estimated at 89.5 thousand m3.3, up 40.97%; Bottled beer is estimated at 2.9 million liters, up 38.22%; Tien Phong plastic pipes are estimated at 1.5 thousand tons, up 30.63%; Electric cable production services are estimated at 681.4 billion VND, up 28.18%; Electricity products produced in the month are estimated at 635.5 million kWh, up 24.41%; Fresh milk is estimated at 26.5 million liters, up 20.86%; Fish sauce is estimated at 33.5 million liters, up 14.07%...

The increase in the industrial production index demonstrates the determination and timely direction of State management agencies, along with the efforts of the business community and production and business households to overcome difficulties, in the context of complicated and unstable developments in the world economy, pressure on inflation, exchange rates, interest rates, especially the scarcity of input materials.

Sản xuất tại Công ty TNHH dệt may Sangwoo ở Khu Công nghiệp VSIP, Hưng Nguyên, Nghệ An. Ảnh Thu Huyền
Production at Sangwoo Textile Co., Ltd. in VSIP Industrial Park, Hung Nguyen, Nghe An. Photo: Thu Huyen

In addition to the advantages, the production situation of some enterprises is still facing difficulties, unable to find orders, high input material prices, decreased exports, unable to recruit workers as required, products produced are difficult to consume and reach low levels. For example: BSE speakers are estimated to reach 5 million units, down 43.44%; Beer can shells are estimated to reach 406 tons, down 40.16%; Fibers are estimated to reach 700 tons, down 35.13%; Ready-mixed concrete is estimated to reach 25.4 thousand m3, down 16.17%...

In the first 10 months of 2024, the industrial production index increased by 10.81% over the same period. Of which: Production and distribution of electricity, gas, hot water, steam and air conditioning increased by 22%; Processing and manufacturing industry increased by 9.67%; Water supply, waste and wastewater management and treatment activities increased by 7.12% and Mining industry increased by 6.34%.

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Nghe An's industrial production index in October increased by nearly 12%
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