In the first 5 months of the year, the province's industrial production index is estimated to increase by 15.12% over the same period.

With the efforts of the government and enterprises in accelerating production progress, in May, the province's industrial production continued to maintain positive growth momentum with the production index estimated to increase by 2.22% over the previous month and 18.09% over the same period. In the first 5 months of 2025, the province's industrial production index is estimated to increase by 15.12% over the same period in 2024.

Báo Vĩnh Phúc•22/05/2025

Polaris Vietnam Co., Ltd. speeds up production to meet partners' orders.

This result shows that although industrial production in the first 5 months of the year had a fairly high growth compared to the same period, compared to the double-digit growth scenario of the Provincial People's Committee, it was still low. In particular, the automobile and motorbike manufacturing industry in May tended to decrease compared to April due to low consumer demand and competition with imported vehicles and vehicles using electric motors.

It is estimated that in the first 6 months of 2025, the output of the two new automobile and motorbike industries will reach 43.4% and 43.9% compared to the province's annual growth scenario.

Other industrial production sectors such as textile, garment, tile, and metal production are showing a slowing growth trend in May, with estimated output for the first 6 months continuing to grow slower than expected.

To achieve the growth target as set out in the scenario of 9.7-11% increase in 6 months, the Provincial People's Committee requires all levels and sectors to regularly grasp the operating situation of enterprises, especially large enterprises such as Honda, Toyota, electronic component manufacturing enterprises... to provide maximum support for these enterprises to expand their consumption markets, promote production and business, creating the main driving force for the industry to achieve the set scenario target.

At the same time, continue to focus strongly on removing difficulties, obstacles, and barriers that directly impact the economic development process of the province, affecting the production and business activities of enterprises to unleash resources for economic development...

News and photos: Luu Nhung

Source: http://baovinhphuc.com.vn/Multimedia/Images/Id/128704/5-thang-dau-nam-chi-so-san-xuat-cong-nghiep-cua-tinh-uoc-tang-1512-so-cung-ky