>> Yen Bai industrial production: Growth momentum from processing, manufacturing and electricity production
Notably, the processing and manufacturing industry is growing strongly, becoming the "locomotive" pulling the entire industry of the province forward, affirming the orientation of sustainable and modern development.
In May 2025 alone, the industrial production index of the whole industry is estimated to increase by 1.46% compared to the previous month, up 9.44% over the same period. In the first 5 months, the whole industry increased by 10.88%, showing that the recovery and growth momentum is being maintained stably. The most notable bright spot is the processing and manufacturing industry with a sharp increase of 13.02%, contributing 11.12 percentage points to the overall increase.
A series of key products achieved impressive growth rates: cassava starch increased by 77.19%; suits and uniforms increased by more than 11 times; plywood increased by 26.45%; wood shavings and chips increased by 35.23%. These figures not only reflect improved production capacity but also show the clear effectiveness of the orientation to attract investment in the deep processing sector - a sector with high added value, creating jobs and contributing greatly to the budget.
On the other hand, the mining industry witnessed a sharp decline of 22.47%, reducing the overall growth rate of the industry by 2.69 percentage points. Many key mining products decreased sharply, such as: lead ore and lead concentrate decreased by 42.21%; slate decreased by 34.11%; construction stone decreased by 29.7%.
Another positive signal is that the number of employees in industrial enterprises increased by 2.07% over the same period, mainly from foreign-invested enterprises (FDI) with an increase of 8.88%. This shows the growing confidence of investors in the business environment in Yen Bai, and reflects the leading role of FDI enterprises in technology transfer, management and creating spillover effects for the entire industry.
To maintain growth momentum in the final months of the year, all levels and functional sectors need to continue to remove bottlenecks in capital, premises and procedures for businesses. At the same time, focus on supporting investors to accelerate the implementation of industrial projects, especially high-tech projects, supporting industries and deep processing. This is the key solution to realize the goal of developing Yen Bai industry in a modern, sustainable and in-depth direction.
Thanh Phuc
Source: https://baoyenbai.com.vn/12/351876/Cong-nghiep-tang-truong-hon-10-che-bien-che-tao-dan-dau.aspx
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