In March, Nghe An's industrial production index increased by 9.17%.

According to the Department of Industry and Trade, the Industrial Production Index (IIP) for March 2024 is estimated to have increased by 9.17% compared to the same period last year. Specifically: Electricity, gas, hot water, steam and air conditioning production and distribution increased by 11.53%; manufacturing increased by 9.12%; mining increased by 8.99%; while water supply, waste management and wastewater treatment decreased by 1.67%.

In March 2024, taking advantage of favorable conditions both domestically and within the province, businesses accelerated production, expanded their business scale, and new factories and projects were implemented and put into stable operation, contributing to the province's economic growth, such as: biomass pellets, Taical additive granules from Mega factories, electronic components, and automotive spare parts.

Some manufactured products showed significant growth compared to the same period last year, such as: wood shavings and chips, estimated at 22.0 thousand tons, an increase of 90.87%; and processed stone, estimated at 106.5 thousand cubic meters.³, an increase of 80.77%; cable manufacturing services are estimated to reach 573.4 billion VND, an increase of 79.80%; ready-mix concrete is estimated to reach 30.2 thousand m³.³Production of cardboard boxes increased by 42.82%, reaching an estimated 1.8 million units, up 32.45%; headphones without microphones reached an estimated 3.5 million units, up 31.33%; paper packaging reached an estimated 4.8 million units, up 25.42%; fresh milk reached an estimated 28.0 million liters, up 19.47%; sugar reached an estimated 31.5 thousand tons, up 13.02%; electricity production in the month reached an estimated 190 million kWh, up 11.93%; cement clinker reached an estimated 686.7 thousand tons, up 10.56%.

Besides the advantages, some businesses are facing difficulties in production, including decreased exports, difficulty securing orders, high input material prices, some factories unable to recruit the required workforce, slow consumer markets, and difficulties in selling manufactured products. As a result, production did not meet planned targets, such as: charging docks estimated at 985,000 units, down 48.64%; BSE speakers estimated at 4.1 million units, down 35.52%; bottled beer estimated at 2.8 million liters, down 34.27%; fish sauce estimated at 25.0 million liters, down 28.19%; Tien Phong plastic pipes estimated at 1,300 tons, down 16.86%; yogurt estimated at 4,100 tons, down 14.96%; animal feed estimated at 12,500 tons, down 9.39%; and construction stone estimated at 223,000 m³.³, down 8.19%.

Overall, in the first three months of 2024, the industrial production index increased by 8.07% compared to the same period last year. Specifically: the water supply, waste management and wastewater treatment sector increased by 13.03%; the manufacturing industry increased by 8.94%; the production and distribution of electricity, gas, hot water, steam and air conditioning increased by 2.79%; and the mining industry decreased by 1.57%.