Viet Nam's ten-month industrial production up 14.3%

Ha Noi, Oct. 29 (VNA) -- Viet Nam's industrial production was valued at 214.4 trillion VND (14.6 billion USD) in the first ten months of 2002, a 14.3 percent year-on-year rise, according to the General Statistics Office.
Of this figure, the State-owned sector rose 11.6 percent and the non-state sector, 19 percent, while the foreign investment sector increased by 14.4 percent.

The value grew most rapidly in southern Binh Duong province (33.3 percent); followed by Ha Noi (25.6 percent); Hai Phong (25 percent); southern Dong Nai province (16.7 percent); and northern Quang Ninh province (16.2 percent).

Ho Chi Minh City posted a growth rate of 13.8 percent, lower than the national average.

Sectors attaining high growth rates included seafood processing, garments, automobile and television set manufacture, rolled steel and enamelled tile.

In the period under review, Ha Noi grossed an output of 18,762 billion VND (1.25 billion USD), a 25.9 percent year-on-year increase.

Remarkable increases were recorded in all economic sectors in the city with the Centrally-run sector (18.4 percent); the locally-run sector (17.1 percent); the non-State economic sector (19.7 percent); and the foreign-invested sector (42.8 percent).

However, the foreign-invested sector in October saw a month-to-month reduction of 19.4 percent due to the decrease in the assembly and sales of motorbikes.