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Production up 16.4 percent in four months

29/04/2008 -- 11:08 AM

Hanoi (VNA) – Vietnam’s industrial production for April was valued at 54.988 trillion VND (3.43 billion USD), reports the General Statistics Office.

This took the total value for the first four months to 215.5 trillion VND (13.5 billion USD), a year-on-year increase of 16.4 percent.

The figure is slightly higher than the 16.3 percent of the first quarter and well above the National Assembly’s target of 5 percent.

Industrial production value would have been higher but for a 4.3 percent fall in crude oil output. Total production was 5.2 million tonnes. Natural and liquefied gas production also fell.

The highest growth – 16.8 percent - was in the foreign-invested sector which earned 5.7 billion USD.

The value of non-State sector production increased by 22.1 percent (4.73 billion USD) and the State-owned by 7.9 percent (3.40 billion USD).

High value goods such as passenger vehicles, tyres, tractors, processed aquaculture produce, garments and household appliances, including TV sets and washing machines, all recorded high growth.

The value of coal, fertiliser, crude oil, natural and liquefied gas, cement, powdered milk, beer, glass, fabric and adult footwear fell against the same months of last year, say the statistics office.

The value of industrial production was higher in Hai Duong, Binh Duong, Ha Tay and Dong Nai provinces as well as the cities of Hai Phong and Can Tho.

But the figure for Hannoi, 15.2 percent, and Ho Chi Minh City , 14.6 percent was lower than the national average.-Enditem
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