Bac Ninh’s industrial production rises by 9.89%

Wednesday, 19/06/2024 15:23
Industrial production of the northern province of Bac Ninh in the second quarter of 2024 has significantly improved, with the added value of the entire industrial sector estimated to increase by 9.89%.

The report on the socio-economic situation in the first six months of 2024 of the Bac Ninh Statistics Department shows that growth is promoted in all three sectors: Industry, agriculture and services. Along with that, price fluctuations in the area are also controlled and major balances and social security are ensured.

 Bac Ninh’s industrial production grew quite impressively

Bac Ninh’s economy in the first quarter of 2024 has changed positively and is somewhat better than in 2023, when the GRDP growth rate in the first quarter only decreased by 3.52% compared to the same period the previous year. In the second quarter this year, GRDP growth increased again with a quite impressive increase of 8.06% compared to the same period last year.

“With an increase of 8.06% in the second quarter, Bac Ninh’s growth in the first half of the year is estimated to increase by 2.32% over the same period,” a representative of the Bac Ninh Statistics Department said.

Besides, the province’s economic structure also has significantly changed in the direction of the proportion of industry - construction sector decreasing by 2.24% over the same period; Product taxes and subsidies declining by 0.09%; while the proportion of the service sector increased by 2.02% and the proportion of the agriculture - forestry - fishery sector rose by 0.32%.

In the second quarter, the provincial Party Committee and People’s Committee have provided firm and in-depth leadership, direction and administration; proposed solutions with specific scenarios and closely followed the world situation./.