Vietnam Reports Industrial Growth of 15.5 per cent in Jan-November
Vietnam is estimated to make total industrial production value of VND601.48 trillion (US$36.45 billion) in the January-November period, up 15.5 per cent on-year, according to the Ministry of Planning and Investment.
Of the total value, November’s industrial production value accounts for VND55.24 trillion, up 3 per cent on-month and 15 per cent on-year.
In the eleven-month span, the private sector records the highest growth, at 20.4 per cent, followed by the foreign-invested sector with 18.2 per cent and the state-owned sector ranks third with 5.6 per cent.
The ministry said the industrial production growth in the period is lower than the year’s target (16.3 per cent) due to many factors, especially changes of the world economy. (People’s Army)
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