Monday, 17/06/2024,

Bac Giang: In May, industrial production value reaches more than 60 trillion VND

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In May and the first 5 months of 2024, Bac Giang province's industrial production continued to grow despite facing many challenges. The province's industrial production value continued to increase compared to the same period last year.
In May and the first 5 months of the year, the industrial production value of Bac Giang province continues to increase compared to the same period last year.

Industrial production value (current prices) in May 2024 was estimated to reach more than 60.7 trillion VND. Accumulatively for 5 months, it was estimated to reach more than 266 trillion VND, an increase of 26% over the same period last year, equal to 40.09% of the year's plan.

Of which, the state economic sector was estimated to reach 4,900 billion VND, an increase of 9.5%. The non-state economic sector was estimated to reach 26,969 billion VND, an increase of 14.3%. The economic sector with foreign investment was estimated at 235 trillion VND, an increase of 27.9%.

The reason for the increase in industrial production value was mainly due to a number of large enterprises in the province expanding production and operating stably such as Luxshare ICT Company; Luxshare Van Trung Company; Fukang Company. At the same time, there were a number of production industries having increased by a high proportion such as processing and manufacturing industry; electronic product manufacturing industry; food production and processing industry; apparel manufacturing industry; etc.

To continue promoting industrial development, in the coming time, Bac Giang province would focus on supporting the development of industrial production; promptly remove difficulties in labor recruitment needs for businesses, ensure safe and stable electricity supply for production and business, issues related to premises, circulation and distribution, etc. At the same time, promote the review and removal of barriers and obstacles hindering production and business activities of enterprises./.