Hanoi industrial output rises 13.2% in jan-apr

The industrial production of Hanoi city, Vietnam’s capital, is estimated to increase by 13.2% on year in Jan-April, the local newswire Cafef reported April 20 citing the Hanoi Statistic Office source.

Almost all staples showed higher production value compared with the same period of 2010, excepting machine(-4% on-year) and television (-4.4% on-year), the office said.

In April alone, the city’s industrial production climbed by 3.4% on-month and 14.6% on-year.

The industrial value of the foreign direct investment sector showed the highest increase of 17.1% on-year and 1.8% on-month, contributing the biggest revenue with 46% of the city’s industrial value.

The state sector industrial value rose by 5.8% on-month this month and 15.4% on-year, the non-state sector increase by 3.7% on-month and 12% on-year.

Hanoi’s consumer price index (CPI) in April is estimated to have risen by 3.28% from March, the highest level in many months driven by a jump in prices of transport, food and foodstuff due to higher fuel and electricity prices, said the municipal Statistic Department.

Gross domestic product (GDP) of the capital city, is estimated to have expanded 9.2% in the first quarter of this year, the office said – Stoxplus.com

Tags: Vietnam industrial output