Industrial production reached 435 trillion VND (23 billion USD) in thefirst seven months of this year, up 13.5 percent over the same periodlast year, said Quang Ha, from the General Statistics Office (GSO).
Ha said the figures showed that Vietnam's industrial production had stabilised.
Foreign-invested enterprises saw the strongest growth, with the valueof industrial production reaching 183 trillion VND (9.6 billion USD), up17 percent. Meanwhile, non-State domestic firms saw a production of 154trillion VND (8.3 billion USD), an increase of 12.6 percent against thesame period last year.
State-owned firms earned just 98 trillion VND (5 billion USD), accounting for 22.5 percent of the total industrial value.
The processing sector, which accounts for 89 percent of total industrial production, posted the highest growth.
Items that achieved good growth in the first seven months includedliquefied petroleum gas (LPG), production of which reached 320,000tonnes, up 100 percent against the same period last year; trucks, 20,200units, up 25.9 percent; and motorbikes, 2 million units, up 21.8percent.
However, some products failed to meetexpectations, such as processed seafood, which saw production reached702,000 tonnes, an increase of 13 percent over the same period lastyear; and coal, 25 million tonnes, up just 2.2 percent against the sameperiod last year.
Meanwhile, crude oil productionfell by 14.5 percent to 8.5 million tonnes, while steel productiondropped 0.2 percent to 2.5 million tonnes./.
Ha said the figures showed that Vietnam's industrial production had stabilised.
Foreign-invested enterprises saw the strongest growth, with the valueof industrial production reaching 183 trillion VND (9.6 billion USD), up17 percent. Meanwhile, non-State domestic firms saw a production of 154trillion VND (8.3 billion USD), an increase of 12.6 percent against thesame period last year.
State-owned firms earned just 98 trillion VND (5 billion USD), accounting for 22.5 percent of the total industrial value.
The processing sector, which accounts for 89 percent of total industrial production, posted the highest growth.
Items that achieved good growth in the first seven months includedliquefied petroleum gas (LPG), production of which reached 320,000tonnes, up 100 percent against the same period last year; trucks, 20,200units, up 25.9 percent; and motorbikes, 2 million units, up 21.8percent.
However, some products failed to meetexpectations, such as processed seafood, which saw production reached702,000 tonnes, an increase of 13 percent over the same period lastyear; and coal, 25 million tonnes, up just 2.2 percent against the sameperiod last year.
Meanwhile, crude oil productionfell by 14.5 percent to 8.5 million tonnes, while steel productiondropped 0.2 percent to 2.5 million tonnes./.
