The national index of industrial production (IIP) increased 7.9 percent year-on-year in the first seven months of this year, according to the General Statistics Office.
Despite the complex developments of the COVID-19 pandemic, Vietnam’s overall macro-economy remains stable, with encouraging growth seen in industries and a low rise of average consumer price index (CPI).
The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
The industrial production index in the first two months of 2021 was up 7.4%, according to the General Statistics Office.
The 16th Party Congress of northern Hai Phong city for the 2020-2025 tenure wrapped up on October 15 afternoon, issuing a resolution that targets an average growth rate of 14.5 percent annually for the period.