Ho Chi Minh City’s industrial sector has continued on its path to recovery, with its Index of Industrial Production (IIP) rising 1.9 per cent in July compared to June and 6.5 per cent year-on-year, according to the city’s Statistics Office.
The mining sector increased 17.7 per cent year-on-year, manufacturing and processing 6.5 per cent, electricity production and distribution 7.9 per cent, and water supply and sewerage and waste management and remediation activities 1.5 per cent.
The IIP in the first seven months rose 2.4 per cent year-on-year.
During the seven-month period, the city’s total retail sales of goods and services reached over VND660 trillion ($27.7 billion), up 6.9 per cent compared to the same period last year.
Figures from the Statistics Office also show that the city’s Consumer Price Index (CPI) was up 3.5 per cent year-on-year.
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