HCMC: Industrial value posts 240 trillion VND

25/10/2006 -- 11:21 AM

HCM City (VNA) - Ho Chi Minh City has so far this year registered an industrial production value of nearly 240 trillion VND (15 billion USD), marking a year-on-year increase of 13.1 percent. In October alone, the industrial production value reached nearly 4 trillion VND, only up 5.7 percent over the corresponding period of last year. The foreign-invested sector contributed nearly 90 trillion VND to the 10-month figure, posting the highest growth rate of 20.2 percent. Meanwhile, the centrally and locally State-owned sectors earned nearly 50,2 trillion VND and 14,7 trillion VND, respectively. Food and beverage topped the list of reviewed sectors with a growth rate of 23.9 percent. The city's industrial production value is estimated to surge between 13-13.5 percent in 2006, lower than the projected 14.6 percent.-Enditem
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