Saturday, November 03, 2007

Vietnam’s October industrial production up 17%

Nhan Dan – Industrial production in October is up 16.7% against the same period last year, according to the Ministry of Planning and Investment’s General Statistics Office.

Thus, the total industrial production in the January-October period increased by 17% year-on-year.

Specifically, the State-owned sector’s industrial production value is up 20.8% while the figure for the foreign direct investment sector stood at 18.2%.

Vinh Phuc topped all localities in the country in terms of industrial production value growth, at 42.1%, followed by Binh Duong, 24.5% and Tay Ninh, 23%.

Some localities such as Ho Chi Minh City, Thanh Hoa and Khanh Hoa registered a growth of around only 12%.

Southern Ba Ria-Vung Tau province was the only one that saw a decrease, down 1.1%.