Vietnam is estimated to make an industrial production value of VND55.84 trillion (US$3.3 billion) in December, up 11.8 per cent on-year, raising the total figure to VND652,766 billion (US$38.62 billion) in 2008, up 14.6 per cent on-year, the General Statistics Office (GSO) reported.
The private sector records the highest growth of 18.8 per cent to reach VND225,471 billion in 2008, followed by the foreign-invested sector with 18.6 per cent, at VND262,499 billion. Meanwhile, the state-owned sector makes a growth of only 4 per cent to VND164,796 billion.
Lorry makers achieve the highest growth in industrial production value in 2008, at 40.6 per cent, followed by passenger car with 38.3 per cent and seafood processing ranks third with 29.1 per cent.
Other industries making high growth include washing-machine (+28 per cent), garments for adults (+27.7 per cent), electricity transformer (+22.6 per cent), refrigerator (+22.2 per cent), powdered milk (+18.6 per cent), tap water (+15.2 per cent) and television (+15 per cent).
Meanwhile, 11 industries see a negative growth. Among them, leatherette footwear witnesses the sharpest reduction (at -33.3 per cent), followed by LPG at -28.2 per cent and -17.5 per cent.
All major cities and provinces except southern Ba Ria-Vung Tau province gain positive growth in industrial production value this year.
Northern Vinh Phuc province takes the lead with a growth of +21.8 per cent, southern Binh Duong province ranks second with +21.5 per cent and southern Dong Nai province takes 3rd position with +20.7 per cent.
The country’s two biggest cities – Hanoi and Ho Chi Minh City – make growths of +12.9 per cent and +12 per cent, respectively in 2008.
Southern Ba Ria-Vung Tau province is still at the bottom of the list, at -0.4 per cent.
In 2009, Vietnam targets to make industrial growth of 16 per cent on-year. (GSO Dec 2008, The People)
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