Industrial production value up 7.3% in April
The Office of Statistic reported that the value of industrial production is estimated to earn 8,2 trillion VND in April, increasing by 7.3% compared with the same period last year.
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The Office of Statistic reported that the value of industrial production is estimated to earn 8,2 trillion VND in April, increasing by 7.3% compared with the same period last year.
In a bid to safely, flexibly adapt to and effectively control the COVID-19 pandemic, many local firms have implemented numerous measures to overcome difficulties, ensuring their production and business plans. Therefore, the province's industrial production was gradually resumed and saw growth in the first quarter of 2022.
When it was re-established in 1992, Ninh Binh had only 14 small industrial production businesses. After 30 years, the industrial production sector has witnessed robust performance and affirmed its essential role in the province's economy. The industrial production accounts for 31.6 percent of the provincial economic structure.
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The Resolution of the 21st Congress of the Provincial Party Organization set out that Ninh Binh's economic structure would increase the ratio of the industry and service sectors in the 2015 - 2020 period. The province's industrial production growth is expected to reach 16 percent a year. To achieve the above target, the province has implemented numerous measures to boost the industry sector's growth, and it also has reaped positive results in the past years.
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