Vietnam Q1 Industrial Value Rises 13.6% to VND173.5T: GSO
Vietnam’s industrial production value is estimated to have risen 13.6% from a year earlier to VND173.49 trillion (US$9.08 billion) in the first quarter this year, said the General Statistics Office (GSO).
In Mar, the country’s industrial output jumps 14% from a year earlier to VND59.69 trillion.
During the three-month period, the foreign-invested sector posts the highest on-year growth of 16.4% to VND72.37 trillion, followed by the non-state sector with 14.6% to VND63.1 trillion and the state-owned sector 7% to VND38 trillion.
The northern province of Vinh Phuc takes the lead in industrial value with the on –year growth rate of 47.4%.
Only the southern coastal province of Ba Ria-Vung Tau posts a negative growth of -1.6% in the first quarter.
The country’s two biggest cities – Hanoi and Ho Chi Minh City – report growths rates of 12.4% and 13.7%, respectively. (GSO March)
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