Industrial production in May continued the recovery trend, estimated to increase by 4% month-on-month and by 10.4% year-on-year due to the control of the Covid-19 epidemic, businesses have adapted to new context, overcome difficulties to recover and expand production and business. Generally, in the first 5 months of 2022, the industrial production index increased by 8.3% over the same period last year.
The Index of Industrial Production (IIP) in May 2022 was estimated to increase by 4% over the previous month and by 10.4% over the same period last year. In which, compared with the same period last year, the processing and manufacturing industry increased by 12.1%; water supply, waste and wastewater management, and treatment activities increased by 5.5%; mining industry increased by 4.2%; electricity production and distribution increased by 2.4%.
Overall, in the first 4 months of 2021, the IIP was estimated to increase by 7.5% over the same period last year (the same period in 2021 was 9.5%). Of which, the manufacturing rose by 8.3% (the same period last year up 12.1%), contributing 6.5 percentage points to the general growth; electricity production and distribution went up by 6.6%, contributing 0.6 percentage points; the mining and quarrying peaked up by 2.6%, contributing 0.4 percentage point; water supply, waste and wastewater management, and treatment peaked up by 1.1%, contributing 0.02 percentage points to the general growth rate.
The index of production in the first 5 months of 2022 belonging to 2-digit industrial activities significantly increased compared to the same period last year: Wearing apparel production increased by 22%; Manufacture of electrical equipment increased by 20.4%; Manufacture of pharmaceuticals, medicinal chemical and botanical products increased by 16.8%; Other mining and quarrying (stone, sand, and clay), Manufacture of leather and related products increased together by 13.5%; Manufacture of computer, electronic and optical products increased by 11.6%; Manufacture of fabricated metal products, except machinery and equipment increased by 11.5%; Manufacture of machinery and equipment n.e.c increased by 11.2%. In the opposite direction, the IIP index of some industries decreased: Manufacture of rubber and plastics products decreased by 13.8%; Repair and installation of machinery and equipment decreased by 9.8%; drainage and wastewater treatmen Sewerage and sewer treatment activities decreased by 3%; Manufacture of coke and refined petroleum products decreased by 2.6%; Extraction of crude petroleum and natural gas decreased by 1.7%.
The industrial production index in the first 5 months of 2022 compared to the same period last year increased in 61 localities and decreased in 02 localities across the country. Some localities have a high IIP index due to the strong recovery of the processing and manufacturing industries when the epidemic is under control. On the other hand, some localities have low or low IIP index increase or decrease because business activities are still facing many difficulties due to the impact of the Covid-19 epidemic, and the processing and manufacturing industry has not regained momentum growth as high as before the epidemic.
Some major industrial products in the first 5 months of 2022 increased sharply over the same period last year: Phone accessories (21.6%); Urea fertilizer (17.9%); Textile fabric from natural yarn (14.5%); Coal (pure) (13.4%); Processed fishery products (11.4%); Beer (10.5); Automobile (10.3%); Monosodium glutamate (9.5%). In the opposite side, a number of products decreased compared to the same period last year: Television (-18.2%); Textile fabric from polyester or artificial yarn (-9.8%); Mobile phone (-7.1%); Aquatic feed (-7.0%); Petroleum (-3.7%); Crude steel, iron (-3.5%); Extracted crude oil (-2.0%); Natural gas (in the form of air) (-1.4%).
The number of employees working in industrial enterprises as of 01/5/2022 was up 1.4% over the same period last month and rose by 4.4% over the same period last year. Of which the number of working employees in the state-owned enterprise sector was up 0.1% and decreased by 4.5%; non-state enterprises rose by 1.1% and declined by 1.3%; enterprises of foreign direct investment peaked by 1.8% and surged by 1.6%. By industry, the number of employees working in mining and quarrying was up 0.2% over the same period last month and went down by 2.2% over the same period last year; manufacturing was up 1.5% and increased by 4.8%; the production and distribution of electricity kept unchanged and peaked up by 1.2%; the water supply, sewerage, waste management, and remediation activities were constant and rosed by 2.4%.
 The growth rate of industrial production index in the first 5 months of the year 2018-2022 compared to the same period last year were: 10.3%; 9.5%; 1.7%; 10%; 8.3% respectively.
 Some localities with high production index of the processing and manufacturing industry in the first 5 months of 2022 compared with the same period last year were Bac Lieu up 7.8%; Quang Binh increased by 10.9%; Lai Chau increased 13%; Thanh Hoa increased by 17.3%; Bac Ninh increased by 19.9%; Quang Nam increased by 22.4%; Binh Phuoc increased 22.6%; Ha Giang increased by 25.8%; Bac Giang increased by 45.7%
 Some localities where the production index of the processing and manufacturing industry in the first 5 months of 2022 decreased or increased slightly compared to the same period last year: Tra Vinh decreased by 1.3%; Ha Tinh down 0.1%; Ninh Binh increased by 1.3%; Ho Chi Minh City increased by 2.1%; Dak Nong increased by 3.8%; Bac Kan increased by 4.1%; Tien Giang increased by 4.5%; Long An increased by 5%.