Vietnam Jan-Aug Industrial Value Estimates Up 5.6% at VND443.042T
Vietnam’s industrial production value is estimated to have increased 5.6% on-year to VND443.042 trillion (US$24.86 billion) in the first eight months this year, the government’s General Statistics Office (GSO) said.
In August, the industrial value is estimated to have surged 10.6% to VND61.05 trillion (US$ 3.425 billion), GSO said.
In the eight-month period, the non-state sector saw a growth rate of 7.9% to VND157.181 trillion, followed by the foreign-invested sector with a rise of 6% to VND180.242 trillion.
The state-owned firms, meanwhile, posted the lowest growth of just 1.9% at VND105.619 trillion.
Of the VND180.242 trillion posted by foreign-invested sector in the period, the oil and gas production value is estimated to have been VND21.944 trillion, up 12.8% against the same period last year. (GSO)
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