The Ministry of Industry said in the national industrial production value reached VND46,200 billion (US$2.89 billion) in September, totalling VND365,000 billion (US$22.81 billion), an increase of 16.8 per cent in comparison with last year’s earnings.
The private sector saw the highest growth of 22.2 per cent, followed by the foreign-invested sector 19.5 per cent, centrally-run State companies 12.2 per cent and locally-run State enterprise 0.2 per cent.
Many localities enjoyed the higher-than-the-average growth, ranging 17.5 per cent to 23.3 per cent, including Quang Ninh, Vinh Phuc, Hai Phong, Hanoi, Dong Nai, Binh Duong, Can Tho, Ha Tay and Hai Duong.
Several industrial goods had higher growth rates of 17-22.9 per cent. Such commodities are medicine, ready-made apparels, pesticides, soaps, steel, electrical engines. However, some commodities suffered a decline, such as automobiles, bikes, electrical transformers, tool machinery, civil electrical fans, crude oil and TV sets.
To realise the goal set for 2006, the Ministry of Industry has required the steel and fertiliser production companies to adjust production, check sales agents and consumption networks to meet the market demand, to partially control and stabilise the market price.
In addition, production enterprises also need to grasp opportunities to expand exports, especially garments, textiles, leather and footwear and wooden products, and seek markets to boost up export and develop non-quota markets.
H.Ly