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INDUSTRIAL PRODUCTION INDUSTRY JUNE 2021 

Industrial production in the second quarter of 2021 grew quite well because business activities of enterprises were maintained and gradually recovered, the growth rate of added value reached 11.45% over the same period last year. first]. Generally in the first 6 months of 2021, the added value of the industry increased by 8.91%, of which the processing and manufacturing industry increased by 11.42%, higher than the growth rate of 5.06% of the same period in 2020. .

The added value of the whole industry in the first 6 months of 2021 was estimated to increase by 8.91% over the same period last year (in the first quarter, it increased by 6.29%; in the second quarter, it increased by 11.45%). In which, the processing and manufacturing industry increased by 11.42% (in the first quarter, it increased by 8.9%; in the second quarter by 13.84%), contributing 2.9 percentage points to the increase in total added value. of the whole economy; electricity production and distribution increased by 8.16%, contributing 0.31 percentage points; the water supply and waste and wastewater treatment industry increased by 6.75%, contributing 0.04 percentage points; the mining industry decreased by 6.61% (due to a decrease in crude oil production by 7.3% and a decrease in gaseous natural gas by 12.5%), reducing the overall growth rate by 0.25 percentage points.

According to industrial product usage, the index of intermediate product production (for the production process) in the first 6 months of 2021 increased by 10.1% over the same period last year; products for final use increased by 8.7% (in which products for residential consumption increased by 5.7%).

Production indexes in the first 6 months of 2021 of a number of key industries belonging to level II industries increased sharply compared to the same period last year: Metal production increased by 37%; motor vehicle production increased by 33.1%; supporting services for mining and ore increased by 29.4%; production of machinery and equipment not elsewhere classified increased by 17.2%; production of beds, cabinets, tables and chairs increased by 15.3%; production of leather and related products increased by 12.9%; production of electronic products, computers and optical products by 12.7%; waste collection, treatment and destruction, scrap recycling increased by 12.6%; production of paper and paper products increased by 11.2%; production of motorcycles and motorbikes increased by 10.6%; production of electrical equipment increased by 10.1%. On the other side, a number of industries saw a decrease: Crude oil and natural gas extraction fell by 10.1%; hard coal and lignite mining decreased by 4.4%; printing, copying records of all kinds decreased by 3.9%; production of drugs, pharmaceutical chemicals and medicinal materials decreased by 2.3%; repair, maintenance and installation of machinery and equipment decreased by 1.8%; drainage and wastewater treatment decreased by 1.5%.

Some key industrial products in the first 6 months of 2021 increased sharply compared to the same period last year: Rolled steel increased by 61.6%; cars by 50%; phone components increased by 38.8%; NPK and mobile phones together increased by 18.1%; iron and crude steel increased by 16.6%; powdered milk by 15.9%; fabrics made from man-made fibers increased by 11.7%; motorbikes increased by 11.5%; leather shoes and sandals by 11.4%; chemical paint increased by 11%; animal feed increased by 10.8%. Some products decreased compared to the same period last year: Gaseous natural gas decreased by 12.5%; diameter reduced by 8.4%; urea decreased by 8.1%; crude oil exploitation decreased by 7.3%; MSG down 5.4%; clean coal decreased by 4.3%.
Consumption index of the entire processing and manufacturing industry in June 2021 increased by 4.9% over the previous month and by 4.2% over the same period last year. Generally in the first 6 months of the year, the consumption index of the whole processing and manufacturing industry increased by 9.3% over the same period last year, of which a number of industries had high consumption indexes: Motor vehicle production. muscle increased by 29.8%; metal production increased by 25.3%; production of machinery and equipment not classified elsewhere increased by 24.1%; production of motorcycles and motorbikes increased by 16.1%; production of beds, cabinets, tables and chairs increased by 15.9%; wood processing and production of wood, bamboo and cork products increased by 12.1%; production of prefabricated metal products (except for machinery and equipment) increased by 11.7%; production of electrical equipment increased by 10.9%. Some industries had a decrease in consumption index: Production of drugs, pharmaceutical chemicals and pharmaceutical materials decreased by 16.9%; printing and copying records of all kinds decreased by 14.4%; production of electronic products, computers and optical products decreased by 14%; production of coke, refined petroleum decreased by 3.9%.
The inventory index of the entire processing and manufacturing industry was estimated as of June 30, 2021, increasing by 24.3% over the same period last year (in the same period of 2020 it increased by 26.7%), of which a number of industries have inventory index increase lower than the general increase or decrease: Manufacture of beds, cabinets, tables and chairs increased by 15.9%; production of costumes increased by 15.8%; production of other non-metallic mineral products increased by 12.7%; production of tobacco products increased by 6.3%; metal production increased by 4.3%; print, copy records of all kinds increased by 4%; wood processing and production of wood, bamboo and cork products by 0.4%; production of paper and paper products decreased by 14.2%; production of machinery and equipment not classified elsewhere decreased by 15.1%. Some industries have high inventory index compared to the same period last year: Leather and related products production increased by 44.4%; production of drugs, pharmaceutical chemicals and medicinal materials increased by 39.9%; production of rubber and plastic products increased by 38.6%; motor vehicle production increased by 36.4%; production of electrical equipment increased by 29.9%; production of prefabricated metal products (except for machinery and equipment) increased by 28.1%; production of motorcycles and motorbikes increased by 26.3%; production of electronic products, computers and optical products increased