The nation's industrial production in the first four months of the year reached 270.5 trillion VND (13.07 billion USD), an increase of 14.2 percent over the same period last year, the General Statistics Office announced on April 27.
"Industrial production is strongly recovering from the economic crisis, with a stable growth rate of over 14 percent," GSO industrial and construction statistician Vu Quang Ha told Vietnam News.
Private-sector industry achieved a growth rate of 16.8 percent during the period, with an industrial value of 101.1 trillion VND (4.9 billion USD), while the foreign-invested sector grew by 16.7 percent for a value of 114.43 trillion VND (5.5 billion USD).
The State-run sector, meanwhile, saw a growth of just 5.1 percent, fetching a turnover of 54.95 trillion VND (2.65 billion USD).
The nation's industrial production reached 198.7 trillion VND (9.5 billion USD) in the first quarter of the year, a rise of 14.1 percent against the same period last year. The processing industry saw the greatest growth of 15.1 percent year-on-year, averaging 9 percent per month.
The General Statistics Office earlier announced that Vietnam's consumer prices jumped 17.5 percent in April from a year earlier - the fastest pace since December 2008, further casting doubts on the ability of authorities to cap inflation at 7 percent this year. Last year, inflation reached 11.75 percent./.
"Industrial production is strongly recovering from the economic crisis, with a stable growth rate of over 14 percent," GSO industrial and construction statistician Vu Quang Ha told Vietnam News.
Private-sector industry achieved a growth rate of 16.8 percent during the period, with an industrial value of 101.1 trillion VND (4.9 billion USD), while the foreign-invested sector grew by 16.7 percent for a value of 114.43 trillion VND (5.5 billion USD).
The State-run sector, meanwhile, saw a growth of just 5.1 percent, fetching a turnover of 54.95 trillion VND (2.65 billion USD).
The nation's industrial production reached 198.7 trillion VND (9.5 billion USD) in the first quarter of the year, a rise of 14.1 percent against the same period last year. The processing industry saw the greatest growth of 15.1 percent year-on-year, averaging 9 percent per month.
The General Statistics Office earlier announced that Vietnam's consumer prices jumped 17.5 percent in April from a year earlier - the fastest pace since December 2008, further casting doubts on the ability of authorities to cap inflation at 7 percent this year. Last year, inflation reached 11.75 percent./.
