Vietnam is estimated to post industrial production value of VND270.8 trillion (US$16.92 billion) in the first five months this year, up 16.4 per cent on-year, the General Statistics Office (GSO) reported.
May’s figure is reportedly VND55.6 trillion, on on-year rise of 16.7 per cent, the GSO shows.
The private sector still records the highest growth rate in the five-month period, at 22.1 per cent, to reach VND96.1 trillion, followed by the foreign-invested sector with a rise of 17.2 per cent to VND113.94 trillion.
Meanwhile, state-run firms still see the lowest growth of 7 per cent, creating value of VND60.77 trillion.
In the January-May span, lorry makers report the highest on-year growth rate of +109.8 per cent, followed by passenger-car makers with +106.5 per cent and washing machine with +51.1 per cent.
Many other industries make high growth rate such as auto tire (+41.5 per cent), television (+30.5 per cent), air-conditioner (+29.9 per cent), fridge (+29.7 per cent), cooking oil (+28.6 per cent), powder milk (+26.9 per cent), garment (+25.7 per cent).
Meanwhile, leatherette footwear, LPG, glass, textile, crude oil, natural gas and cigarette industries fall in the period, at growth of -40.8 per cent, -18.7 per cent, -7.7 per cent, -6.5 per cent, -6.3 per cent, -3.1 per cent, and -2.4 per cent, respectively.
Northern Hai Duong province tops the list with a growth rate of +38 per cent in industrial production value, followed by northern Vinh Phuc province with +35.3 per cent and southern
Binh Duong province ranks third with +23.5 per cent.
The country’s two biggest cities – Hanoi and Ho Chi Minh City – report growth rate of +15 per cent and +13.4 per cent, respectively.
Only southern coastal Ba Ria-Vung Tau province posts a negative growth of -1.3 per cent. (GSO May 2008)
Vietnamese
