It is estimated that the production value of central industry has reached VND 719.09 billion (up 2.6 percent last month) with 11/13 secondary industries and 35/35 enterprises whose production growth rate increased in comparison with last month. The production value of local state-owned industry reached VND 277.79 billion (rising by 4 percent). Production value of privately owned industry reached VND 620.89 billion (rising by 1.1 percent) and that of foreign-invested industry reached VND 3,705 billion (rising by 0.8 percent).
However, production growth rate of some of branches has declined compared to the same period such as: local state-owned industry including wood processing with 10 percent decrease, mechanical production with 21 percent decrease; printing and publishing with 36% decrease; central industry including wood and forest-product processing with 11.1% decrease, agricultural machine manufacturing with 8.4 percent decrease; electronics production with 25 percent decrease etc The reasons are that these industries have not won any significant contracts of consumption yet and a large number of products in stock have not been sold.
Reported by Dao Lan, Translated by THKC
Author: admin
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