Vietnam Industrial Value Estimated to Rise 7.6% to US$37.69B in 2009
The Ministry of Planning and Investment estimates Vietnam’s industrial production value in 2009 increases 7.6% from a year earlier to VND696.57 trillion (US$37.69 billion).
The year’s industrial production growth is much lower than the full-year target of 16.5% due to effects of the global economic downturn.
This year, the non-state sector and foreign-invested sector reached the on-year growth of 9.9% and 8.1% respectively. The state-owned sector, meanwhile, represented a low growth of only 3.7% against last year.
In Dec, the country’s industrial production value is estimated to have posted VND66.04 trillion, up 4.6% against Nov and 13.4% compared to the same month of 2008. (VNA)
Vietnamese
