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Industrial Production Index up by 11.1% in first quarter

DA NANG Today
Published: April 11, 2017

According to the Da Nang Department of Industry and Trade, the city’s Industrial Production Index in the 1st quarter of this year rose by 11.1% against the same period last year.

 Workers at a local company
Workers at a local company

Over the 3 months, the processing and manufacturing industry increased by 10.9%, electricity production and distribution rose by 13.4%, and water supply and garbage treatment went up by 9.4%.

It was reported that some of the city’s key industries recorded significant growth in their production activities against the same period last year.  In particular, metal structures increased by 68%, children’s toys 42.6%, electrical equipment 28.9%, rubber products 21.9%, and iron and steel 19.1%.

However, certain other manufacturing industries saw a significant decline in their productivity due to unfavourable consumer markets.  In particular, footwear declined by 18.4%, textiles 14.1%, automobile parts 6.5%, mining 4.9%, pharmaceuticals 3.8%, electronic components 3.4%, and seafood processing 1.8%.
 

 

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