25 out of 28 northern localities report positive industrial production

As many as 25 out of 28 northern localities reported positive annual growth in industrial production in the first four months of 2024, according to a recent meeting of industry and trade sectors from 28 northern cities and provinces. Among them, 11 achieved a growth rate of 10% or higher. Industrial hubs like Thai Nguyen, Quang Ninh, Bac Giang, Hai Phong, and Hanoi regained strong industrial growth momentum. In the period, the total retail sales of goods and services in the region reached over 1.4 trillion VND (58.3 million USD), reflecting a 12.3% year-on-year increase. Additionally, the region's export turnover jumped by 18.3% annually, reaching an impressive figure of 120.7 billion USD. Among the standout performers in export growth, Hai Phong reported 16 billion USD, marking a 21% rise. Thai Nguyen saw a 14.7% expansion to 17.8 billion USD, and Bac Giang 16.5 billion USD, up 22%. In total, 24 out of 28 localities reported positive export growth. Source: Vietnam News Agency