Hanoi reports 8.5% rise in industrial production in Nov

The office attributed the increase to production gaining speed for the year-end holiday season in such industries as confectionery, beer, ceramic bathroom fixtures and wood furniture.

Inside a Samsung KG factory in Vietnam. (Photo: ​mof.gov.vn)

Total retail and services revenues in the month were estimated at VND52 trillion (US$2.28 billion), up 2.1% on October’s figure.

Export activities by Hanoi-based enterprises earned US$1 billion in November, up 2.9% on month. Meanwhile, imports surpassed US$2.4 billion, increasing 7.6% from October but dropping 2.9% from one year ago.

The Consumer Price Index (CPI) for November in Hanoi was equal to just 99.83% of the previous month’s figure, with prices for food catering services, food and grains dropping slightly.

During the month, the capital city welcomed 390,000 foreign visitors, an 11.4% increase from October and up 40.1% from the same period last year. Domestic visitors to the city numbered 867,000. In all, the tourism sector reported revenues of VND5.7 trillion (US$250 million).