Vietnam industrial production +13.8% to VND717.1Tln in Jan-Nov

Vietnam industry production is estimated to have increased by 13.8% on year to VND717.1 trillion in the first 11 months of this year

Vietnam industry production is estimated to have increased by 13.8% on year to VND717.1 trillion in the first 11 months of this year, the local online newspaper NDHMoney reported on November 26, citing the general Statistics Office of Vietnam (GSO).

In details, the state sector industrial value grew by 7.5% to VND158.4 trillion, the non-state sector rose by 14.5% to 257.2 trillion, and the foreign direct investment sector surged by 16.9% to VND301.4 trillion.

In November alone, industrial value is expected to reach VND71.3 trillion, up 14.3% on year, the office said.

Staples which saw the highest on-year increase included liquefied petroleum gas (+93.6%), powdered milk (+22.7%), sport shoes (+20.2%), beer (+20.7%), cement (+14.9%), clothes (+18.7%), motorbike (+14.8%).

In the opposite side, the staples which showed a slight on-year decrease were crude oil (-11.5%), television (-9%), coal (-0.6%), refined sugar (-7.4%).

Tags: Vietnam Industrial Production

Posted by VBN on Nov 26 2010. Filed under Economy News, Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry