Updated  
July, 30 2010 10:08:17

Industrial production rises 13.5% in seven months

A section of the Cua Ong Coal Co. The country churned out 25 million tonnes of coal during the first seven months of the year, up 2.2 per cent from a year earlier. — VNA/VNS Photo Nguyen Dan

A section of the Cua Ong Coal Co. The country churned out 25 million tonnes of coal during the first seven months of the year, up 2.2 per cent from a year earlier. — VNA/VNS Photo Nguyen Dan

HA NOI — Industrial production reached VND435 trillion (US$23 billion) in the first seven months of this year, up 13.5 per cent over the same period last year, said Quang Ha, from the General Statistics Office (GSO).

Ha said the figures showed that Viet Nam's industrial production had stabilised.

Foreign-invested enterprises saw the strongest growth, with the value of industrial production reaching VND183 trillion ($9.6 billion), up 17 per cent. Meanwhile, non-State domestic firms saw a production of VND154 trillion ($8.3 billion), an increase of 12.6 per cent against the same period last year.

State-owned firms earned just VND98 trillion ($5 billion), accounting for 22.5 per cent of the total industrial value.

The processing sector, which accounts for 89 per cent of total industrial production, posted the highest growth.

Items that achieved good growth in the first seven months included liquefied petroleum gas (LPG), production of which reached 320,000 tonnes, up 100 per cent against the same period last year; trucks, 20,200 units, up 25.9 per cent; and motorbikes, 2 million units, up 21.8 per cent.

However, some products failed to meet expectations, such as processed seafood, which saw production reached 702,000 tonnes, an increase of 13 per cent over the same period last year; and coal, 25 million tonnes, up just 2.2 per cent against the same period last year.

Meanwhile, crude oil production fell by 14.5 per cent to 8.5 million tonnes, while steel production dropped 0.2 per cent to 2.5 million tonnes. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Ha Noi hospital-goers beat heat with free water 1    Ha Noi hospital-goers beat heat with free water

By the time Nguyen Thi Thung, grey-haired and sporting traditional ba ba brown clothes, stops her motorbike near the gates of Ha Noi Cancer Hospital, patients, relatives and street vendors holding empty bottles are already queued up.

Vietnam Airlines launches new-generation Airbus plane Vietnam Airlines launches new-generation Airbus plane

The national flagship carrier Vietnam Airlines held a ceremony on July 2 to receive its first Airbus 350-900 aircraft and announce its upgrade service quality programme and new brand identifying system, marking a major step in bringing the airline into the international arena.

Prime Minister awards merit certificate to swimmer Vien 1    Prime Minister awards merit certificate to swimmer Vien

Nguyen Thi Anh Vien received a Labour Order third class, and a merit certificate from Prime Minister Nguyen Tan Dung on Monday.

Wounds begin to heal between US, Viet Nam Wounds begin to heal between US, Viet Nam

Pham Ba Lu swore thousands of times that he "would not live under the same sky as the United States".