Vietnam Q1 Industrial Value to Rise 13.8% On-year: NCEIF
The National Center for Socioeconomic Information and Forecasting (NCEIF) forecast Vietnam’s industrial production value could rise 13.5%-13.8% in the first quarter of 2010 from a year earlier.
The growth seems to result from stimulus packages by the government since late last year, said CEIF director Le Dinh An.
An noted the industrial output significantly indicates the economy’s recovery track and contributes to the country’s GDP growth of estimated 5.7% in the three-month period.
Vietnam posted the industrial production value of VND153.5 trillion in the first quarter of 2009. (Investment)
Vietnamese
