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Major results of industrial and commercial activities in Long An in the first quarter of 2020
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In the field of industry, the index of industrial production development estimated in the first quarter of 2020 increased by 3.63% over the same period. In the field of commerce, the total retail sales of goods and services in March 2020 was estimated at VND 7,652.8 billion, down 0.5% from the previous month and up 08% over the same period. The first quarter of 2020 is estimated at VND 23,926 billion, reaching 23.3% of the plan, up 7.8% over the same period.

In the field of industry, the index of industrial production development in March 2020 was estimated to increase 5.95% over the previous month, up 12.69% over the same period last year. Estimated first quarter of 2020 increased by 3.63% over the same period.

The number of industrial product groups in the first quarter was 75 groups, of which 37/75 groups had an increase over the same period and 38/75 groups decreased over the same period.

The sectors whose products increased as: Production of aquatic feed; Mineral water; Fabrics made from rayon; Manufacture backpack; Fertilizer production; Production of paint and varnishes ... Decreasing industries are mainly cashew nut production, animal feed production, canned beer, cigarettes, fibers from artificial cotton, textiles made from synthetic fibers, producing non-knitted adult or crocheted clothing, manufacture of bags, footwear, manufacture of plywood from wood, production of oils and greases, manufacture of plastic packaging, manufacture of cement structures, production of semi-finished iron and steel, production of rods, rods of iron or non-alloy steel, manufacture of semiconductor equipment, production of distribution equipment and electric control ...

In the field of commerce, the total retail sales of goods and services in March 2020 was estimated at VND 7,652.8 billion, down 0.5% from the previous month and up 08% over the same period. The first quarter of 2020 is estimated at VND 23,926 billion, reaching 23.3% of the plan, up 7.8% over the same period.

Export turnover in the first quarter of 2020 is estimated at 1,400 million USD, up 06% over the same period. Import turnover is estimated at 910 million USD, down 07% over the same period.

Consumer price index: decreased by 0.41% over the previous month, up 1.71% from December last year and up 5.38% over the same month last year. On average, in the first quarter of 2020, it will increase 5.83% over the same period.

 In general, in the first quarter of 2020, most industries were affected by Covid-19 epidemic, so the production and business situation in the province increased but the increase was low compared to the same period, some agricultural products are affected; With regard to the products that produce materials dependent on the import into China and South Korea, they are all affected, the production schedule is slower than the schedule such as leather shoes, steel, chemicals, and chemicals. Garment is affected but there is still material to produce for production until April 2020. In addition, the consumption of products is also affected because the export is facing many difficulties due to delayed orders, increased inventories, production orders for the next quarter also decreased. At the same time, the lack of foreign experts to work due to the impact of non-entry diseases also affects the production of enterprises./.

 


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