Vietnam Jan-Apr Industrial Value Likely +3.3 per cent at VND209T: GSO

Vietnam’s industrial production value is estimated to have increased 3.3 per cent to VND209 trillion (US$12.22 billion) in the first four months this year, the government’s General Statistics Office said on April 24.

 

In April, the industrial value is estimated to have surged 5.4 per cent to VND55.469 trillion (US$3.27 billion), a higher pace from 2.1 per cent in the first quarter, thanks to the government’s efforts to boost the growth, GSO said.

 

In the first four months, the foreign-invested sector is estimated to have made VND84.784 trillion (US$5 billion) of industrial value, up 3.3 per cent on year, non-state sector VND75.311 trillion (US$4.46 billion), up 6.1 per cent while state-owned sector VND48.896 trillion (US$2.886 billion), down 0.9 per cent.

 

Of the VND84.784 trillion posted by foreign-invested sector in the period, the oil and gas production value is estimated to have been VND11.359 trillion, up 15.8 per cent on year. (GSO April)