Phu Tho leads the country in the growth index of the processing and manufacturing industry

In the first 11 months of 2024, the industrial production index of the whole country is estimated to increase by 8.4% over the same period last year, in which Phu Tho leads the country in the growth index of the processing and manufacturing industry.

According to the report on the socio-economic situation in November and the first 11 months of 2024 of the General Statistics Office, industrial production activities in November continued to have a positive trend as businesses are stepping up production to prepare goods to meet the year-end consumption demand.

It is estimated that the industrial production index (IIP) in November increased by 2.3% compared to October and increased by 8.9% compared to November 2023. In particular, compared to the same period last year, the production index of the processing and manufacturing industry increased by 11.2%, the electricity production and distribution industry increased by 5.5%, the water supply, waste, and wastewater management and treatment industry increased by 6.7%, and the mining industry decreased by 9.8%.

Workers of Hanyang Digitech Vina Co., Ltd., Phu Ha Industrial Park, Phu Tho town, operate the production line.

Among the localities with a high production index of the processing and manufacturing industry in the first 11 months compared to the same period last year, Phu Tho is the only province that recorded a growth rate of 42.1% and leads the localities with an increase in the production index of the processing and manufacturing industry in the first 11 months of 2024. Following them in turn are Lai Chau, which increased by 39.9%; Bac Giang, 28.3%; Quang Nam, which increased by 20.7%; and Thanh Hoa, which increased by 19.3%.

This demonstrates the efforts of Phu Tho province in effectively implementing solutions to enhance the processing and manufacturing industry, as well as the province’s overall industrial production.

Quoc An