Vietnam Industrial Production Value Up 7% to VND568.96T in Jan-Oct
Vietnam’s industrial production value is estimated to have increased 7% from a year earlier to VND568.96 trillion (US$31.86 billion) in the ten months of this year, according to the government’s General Statistics Office (GSO.
The GSO estimated the country’s October industrial value at VND63.77 trillion, up 11.9% against the same month of last year.
In the ten-month period, the non-state sector records the highest growth rate of 8.9% to VND200.29 trillion, followed by the foreign-invested sector with a rise of 7.4% to VND231.28 trillion.
The state-owned firms still posted the lowest growth of just 3.6% at VND137.39 trillion.
The northern province of Quangninh tops the list with growth of 13.5% in industrial production value, followed by central province of Thanh Hoa with 12.1%.
The northern province of Vinh Phuc posts a negative growth of 1.8% during the period. (GSO Oct 29)
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