Hanoi ’s industrial sector maintained significant growth in the first seven months of this year, reaching 68,472 billion VND of production value, up 12.6 percent over the same period last year, according to the Hanoi Statistics Department (HSD).
The foreign-invested sector attained the highest production value at 31,593 billion VND, a year-on-year increase of 14.8 percent.
This was followed by the private economic sector, with more than 22,143 billion VND, up 19 percent over the corresponding period last year, and the state economic sector, 14,734 billion VND, higher by 9 percent compared to the same period last year.
Based on production value, the processing sector accounted for the greatest proportion. It was the deciding factor in promoting growth of productive value in the sector, with an estimated value at 65,311 billion VND in the first seven months of this year, a year-on-year rise of 12.9 percent.
Some key products to keep their high growth rate included cigarettes, beer, sanitary products, motorbikes and domestic electric fans.
According to General Director of HSD Cong Xuan Mui, the businesses in the sector actively sought new markets and took advantage of incentive policies of the government as well as the city to restructure their production and products./.
The foreign-invested sector attained the highest production value at 31,593 billion VND, a year-on-year increase of 14.8 percent.
This was followed by the private economic sector, with more than 22,143 billion VND, up 19 percent over the corresponding period last year, and the state economic sector, 14,734 billion VND, higher by 9 percent compared to the same period last year.
Based on production value, the processing sector accounted for the greatest proportion. It was the deciding factor in promoting growth of productive value in the sector, with an estimated value at 65,311 billion VND in the first seven months of this year, a year-on-year rise of 12.9 percent.
Some key products to keep their high growth rate included cigarettes, beer, sanitary products, motorbikes and domestic electric fans.
According to General Director of HSD Cong Xuan Mui, the businesses in the sector actively sought new markets and took advantage of incentive policies of the government as well as the city to restructure their production and products./.
