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VIETNAM'S INDUSTRIAL PRODUCTION VALUE UP IN H1.

AsiaPulse News

| July 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

HANOI, July 1 Asia Pulse - Vietnam's industrial sector attained a production value of 125.9 trillion VND (US$8.3 billion) in the first half of this year, a year-on-year increase of 13.9 per cent, according to the General Statistics Office.

That of State-owned enterprises increased by 11.2 per cent, of foreign-invested enterprises rose by 13.7 per cent, and of non State-run enterprises, 19.1 per cent.

Major industries posting highest growth rates in production value included automobile assembly (53 per cent), motorcycle industry (46 per cent), television manufacturing industry (36.3 per cent), cement (29.5 per cent), anthracite (28.2 per cent), steel (27 per cent), processed seafood (19.1 per cent), and electricity (16.9 per cent).

Northern localities attaining high industrial production value included Hanoi, Hai Phong, Hai Duong and Vinh Phuc. Meanwhile, Ho Chi Minh City - Vietnam's economic hub - registered a six-month industrial production rise of only 10.4 per cent.

Vietnam earned an export value of US$7.25 billion in the first two quarters of this year, a decrease of 5.9 per cent as compared with last year although in June alone, it gained an export value of US$1.42 billion, the highest figure for June to date.

The country's six-month ...

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