Economic recovery in Vietnam \\\'stronger\\\'
June 03, 2014 00:00:00
HANOI, June 2 (Xinhua): Signs of economic recovery in Vietnam maintain stronger in the first five months of 2014 with increasing index of industrial production (IIP) as well as export revenue, said Vietnam's ministry of industry and trade (MoIT).
Bao Cong Thuong (Industry and Trade News), an online newspaper under MoIT quoted the ministry as saying on Monday that in May, the IIP increased by two per cent over April and 5.9 per cent year- on-year.
Among those in May, mining industry went down 0.8 per cent while manufacturing, processing up 7.5 per cent year-on-year.
At the same time, electricity production, distribution hiked 10. 4 per cent and water supply, waste water treatment up 7.2 per cent year-on-year.