Vietnam posted an increase of 5.6percent in its industrial production value to top 443 trillion VND inthe past eight months of this year, according to the General StatisticsOffice (GSO).
This achievement was fuelled by consecutive rises in the value sinceFebruary and particularly by a 10.6 percent jump recorded in August.
All the three sectors – the State-owned, private, and foreign-investedsectors-- achieved growth rates of 1.9 percent, 7.9 percent and 6percent, respectively, the GSO said.
Healthy rates of growth were registered by the northern province ofQuang Ninh, the southern provinces of Ba Ria-Vung Tau and Dong Nai, thenorthern central province of Thanh Hoa , the Mekong delta city of CanTho , Hanoi and the central province of Khanh Hoa , ranging from 7.1percent to 11.3 percent.
The production value of air conditioners sales posted the mostimpressive growth, at 41.3 percent, followed up by crude oil, at 17.3percent, and footwear, at 14.1 percent.
However, the chemical, mining, and garment and textile industriescontracted in the reviewed period due to low domestic consumption, andsluggish import demand from such big markets as the US and the EU.
At the Government’s July meeting, the Prime Minister asked ministries,sectors, localities and enterprises to continue implementing thegovernment’s economic stimulus measures to boost production andbusiness.
He also asked enterprises to further improve the quality of theirproducts, proactively prepare raw materials, and develop a long-termproduction strategy in addition to launching consumption promotionprogrammes in rural areas to corner the domestic market./.
This achievement was fuelled by consecutive rises in the value sinceFebruary and particularly by a 10.6 percent jump recorded in August.
All the three sectors – the State-owned, private, and foreign-investedsectors-- achieved growth rates of 1.9 percent, 7.9 percent and 6percent, respectively, the GSO said.
Healthy rates of growth were registered by the northern province ofQuang Ninh, the southern provinces of Ba Ria-Vung Tau and Dong Nai, thenorthern central province of Thanh Hoa , the Mekong delta city of CanTho , Hanoi and the central province of Khanh Hoa , ranging from 7.1percent to 11.3 percent.
The production value of air conditioners sales posted the mostimpressive growth, at 41.3 percent, followed up by crude oil, at 17.3percent, and footwear, at 14.1 percent.
However, the chemical, mining, and garment and textile industriescontracted in the reviewed period due to low domestic consumption, andsluggish import demand from such big markets as the US and the EU.
At the Government’s July meeting, the Prime Minister asked ministries,sectors, localities and enterprises to continue implementing thegovernment’s economic stimulus measures to boost production andbusiness.
He also asked enterprises to further improve the quality of theirproducts, proactively prepare raw materials, and develop a long-termproduction strategy in addition to launching consumption promotionprogrammes in rural areas to corner the domestic market./.
