Strong growth momentum carried over from the first quarter of 2025 helped sustain Hai Duong’s positive performance in April, with the province’s industrial production value in the first four months of the year rising by 13.5% year-on-year.
Hai Duong province’s industrial production value in April increased by 1.6% compared to the previous month and 14.2% year-on-year, reported the provincial Statistics Office.
Several products saw significant rises, including integrated electronic circuits (up 34.4%), adult garments (26.9%), sports footwear (24.5%), animal feed (16.9%), steel products (11.6%), rubber and plastic products (12.2%), and coke (5.7%).
Strong growth momentum carried over from the first quarter of 2025 helped sustain April’s positive performance.
For the first four months of the year, Hai Duong's industrial production value rose by 13.5% over the same period in 2024.
Notably, some high-growth and large-scale sectors contributed substantially to the overall gain, including electrical equipment manufacturing with an increase of 45.5%; electronic product manufacturing, 22.9%; motor vehicle production, 14.8%; and food processing, 14.3%.
While domestic and export markets showed signs of recovery, and businesses benefited from enhanced protective trade measures, the US’s imposition of a 25% tariff on imported steel and aluminum significantly affected a number of exporters.
Some sectors continued to face difficulties due to sluggish market demand and declines in production volumes, negatively influencing industry’s overall growth rate.
Hai Duong News