With high growth in two key industries, steel and electricity production, in August 2023, Ha Tinh's industrial production index is estimated to increase by more than 49% over the same period last year.
Unit 1 - Vung Ang 1 Thermal Power Plant resumed operation, contributing to high growth in electricity production index.
According to the General Statistics Office, the industrial production situation in the province in August received positive signals when the indexes had remarkable growth. The fact that Unit 1 - Vung Ang 1 Thermal Power Plant officially reconnected to the national grid from August 12 after 2 years of inactivity contributed to the production index of the electricity industry in August 2023 estimated to increase by more than 42% over the same period last year.
In addition, the steel industry, after many months of continuous sluggish operations due to high input material prices and a decrease in order volume due to the impact of the world economy, increased again in August, contributing to the metal production index in August 2023 estimated to increase by more than 81% over the same period in 2022.
The metal production index in August 2023 is estimated to increase by more than 81% compared to August 2022.
Data from the General Statistics Office shows that in August 2023, the province's industrial production index is estimated to increase by 6.6% compared to July 2023 and increase by 49.03% over the same period last year.
Specifically, in the four primary industries, the mining industry is estimated to increase by 4.09% over the previous month and by 24.54% over the same period last year; the processing and manufacturing industry is estimated to increase by 6.07% over the previous month and by 52.57% over the same period last year; the electricity production and distribution industry is estimated to increase by 10.58% over the previous month and by 42.12% over the same period last year; the water supply and waste treatment industry is estimated to increase by 0.23% over the previous month and by 17.17% over the same period last year.
Among the 18 secondary industrial groups, in addition to the two highest increasing groups, electricity production and metal production, the indexes of some other industries also increased compared to August 2022, such as: other mining increased by 30.89%; beverage production increased by 8.32%; medicine and medicinal material production increased by 2.8%; water exploitation, treatment and supply increased by 18.83%...
The growth of industrial groups in August brought the province's industrial production index for the first 8 months of 2023 up 4.37%. This is also a positive signal for the industry in the following months.
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