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11-month industrial production index up 9.7%

The national index of industrial production (IIP) surged 9.7% year-on-year in the first 11 months of 2015, according to the General Statistics Office (GSO). 

In November alone, the index increased 8.9% against the same period last year.

During the period, automobile registered the highest IIP rise of 29.8%, followed by television and mobile phone, up 51.1% and 38.7%, respectively.

Stable hikes were seen in some other products such as leather footwear (18.3%), laminated steel (18.2%), powder milk (17.3%), and fresh milk (15%). 

The northern province of Thai Nguyen took the lead with an IIP rise of 107.3%, followed by the central province of Quang Nam (34.6%) and the northern port city of Haiphong (16.5%). 

In the two biggest cities of Hanoi and Ho Chi Minh City, the industrial production index expanded by 7.9% and 7.7%, respectively. 

As of November 1, the inventory index of the manufacturing and processing industry increased 9.7% compared to the same period last year, GSO said. 

Meanwhile, the number of labourers working for industrial enterprises surged 6.3% year-on-year.
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