Yen Bai reports 10.1% rise in industrial production value

Economy

Yen Bai reports 10.1% rise in industrial production value

Wednesday, November 9, 2022

YBO - Yen Bai’s industrial production value in October hit 1.9 trillion VND (76.39 million USD), up 2.4% over September, pushing the figure in the first 10 months of this year to 17.48 trillion VND, representing a year on year increase of 10.1%.

Workers at Yen Bai Cement and Minerals JSC packaging products.

High growth was seen in the production value of many industries, including processing (5.67%); electricity, gas, hot water production and distribution (43.13%); and water supply, waste and waste water management and treatment (7.44%).

In the time to come, Yen Bai will continue to implement tasks and solutions to restructure is industrial sector towards sustainability and efficiency in association with environmental protection.

At the same time, the locality will prioritise investment in developing and operating the infrastructure system of industrial parks and clusters, as well as processing and manufacturing of highly competitive products using high technology and local materials. It will support and create optimal conditions for investors in exploring the province and proposing projects in developing the infrastructure system of industrial parks and clusters across the province.

YBO

Other news

Yen Bai Accelerates the Development and Application of Biotechnology in Environmental Protection

Development and Application of Biotechnology, Production of High-Value Biotechnology Products in Agriculture.

With the aim of advancing the development and application of biotechnology in environmental protection linked to sustainable development in the province, the People's Committee of Yen Bai has issued a plan for implementing the project on the development of biotechnology industries in environmental protection until 2030.

Strong Investment Inflow into Yen Bai in the First Quarter of 2025

Yen Bai’s unwavering efforts to improve the investment environment and create favorable conditions for business development.

Yen Bai has experienced a promising start to 2025 in the area of investment attraction. According to the latest data from the Provincial Statistics Office, the total investment capital into the province in the first quarter of 2025 is estimated to have reached VND 3,447.256 billion, marking a notable increase of 9.41% compared to the same period last year.

Yen Bai Businesses Accelerate Toward Year-End Targets

Leaders of the Department of Industry and Trade inspected the production activities of enterprises in the Southern Industrial Park.

The economy of Yen Bai Province has demonstrated remarkable growth in the early months of 2025, with Gross Regional Domestic Product (GRDP) increasing by 9.58%. Notably, the industrial sector experienced a growth rate of 13%. As 2025 is deemed the year of “acceleration and completion,” the province is determined to comprehensively achieve the goals and tasks set for the year as well as those of the 19th Provincial Party Congress Resolution.

Industrial Production Value of Yên Bái Reaches 100.89% of Double-Digit Growth Scenario Target 10,5%

Bamboo processing at Yen Thanh joint Stock Company.

In the first quarter of 2025, industrial production in Yên Bái continued to maintain a steady growth pace.

Economy