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Industrial production value in the first quarter reached 19.5% of the yearly plan.

The industrial production value in the first quarter of 2025 in Thai Nguyen province is estimated to reach about 220.8 trillion VND, up 3.7% over the same period and reaching 19.5% of the yearly plan.

Báo Thái NguyênBáo Thái Nguyên05/04/2025

Steel billet products of Thai Nguyen Ferrous Metallurgy Joint Stock Company.
Steel billet products of Thai Nguyen Ferrous Metallurgy Joint Stock Company.

Of which, the local industrial production value is estimated at 9.7 trillion VND, up 5.2% over the same period and reaching 19.9% ​​of the plan. The foreign-invested industrial sector is estimated at 205.6 trillion VND (accounting for over 93% of the total industrial production value in the area), up 3.6% over the same period.

By industry: processing and manufacturing industry is estimated at 219.4 trillion VND (accounting for 99.4% of total production value), up 3.7% over the same period; electricity production and distribution industry is estimated at 659.5 billion VND, down 5.4%; water supply, waste and wastewater management industry is estimated at 333.4 billion VND, up 2.5%; mining industry is estimated at 293 billion VND, up 16.1%.

With the estimated results of the first quarter of 2025 as above, to complete the plan target for the whole year of 2025, the industrial production value of the remaining 9 months of 2025 must reach 912.2 trillion VND, equivalent to an average of 304.1 trillion VND for each remaining quarter of the year, an increase of 11.6% over the same period and an increase of over 37.7% compared to the first quarter of 2025.

To complete the annual plan, in the following quarters, the province's functional sectors need to continue to effectively and synchronously implement solutions to encourage and support businesses to promote the growth momentum of industries with good growth in the first quarter, such as: manufacturing of electronic products; manufacturing of metals and metal products; wood processing and manufacturing of products from wood, bamboo and rattan; manufacturing of motor vehicles; manufacturing of garment products, etc.

Source: https://baothainguyen.vn/kinh-te/202504/gia-tri-san-xuat-cong-nghiep-quy-idat-195-ke-hoach-nam-f510f57/


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