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VIETNAM'S PRODUCTION VALUE UP 14.5 PCT IN JAN-SEPT.
HANOI, Oct 1 Asia Pulse - Vietnam's industries turned out a production value of VND 175,287 billion (US$11,685 million) in the last nine months of this year, representing 78.7 per cent of the yearly plan or increasing 14.5 per cent year on year.
The centrally State-run sector registered a year-on-year increase of 12.9 per cent; the locally State-run sector, 11.4 per cent; and the foreign-invested sector, 13.8 per cent.
The non-State sector posted the highest yearly increase of 19.4 per cent, attributable to the implementation of the Enterprise Law.
Hanoi, Hai Phong, Da Nang, and Ho Chi Minh City and the southern provinces of Binh Duong, Dong Nai and Can Tho all attained high growth rates in industrial production.
Hanoi obtained VND 13,382 billion (roughly US$892 million) in the reviewed period, a 10.1 per cent year-on-year increase.
Hanoi's State-owned enterprises contributed VND 7,591 billion (US$508 million), increasing 14.8 per cent year on year. Contributing to the yearly increase were the textiles, chemicals, electric equipment, and engine industries which all recorded rises of more than 20 per cent.
Meanwhile, industrial enterprises in Ho Chi Minh City turned out VND 47,277 billion (US$3,152 million) in production value, 16.6 per cent more than the previous corresponding period.
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Source: HighBeam Research, VIETNAM'S PRODUCTION VALUE UP 14.5 PCT IN JAN-SEPT.