Industrial Production Value Approximately Reaches VND7 Billion in February

    This is the lowest growing rate within several years. Most of enterprises are facing difficulties finding markets for their exports in the first two months. According to management board of IZs, 64 companies have so far had a cut of 8,641 employees in the sectors such as electronics, motorcycles, footwares, motorcycle components and so forth. Their exports contract will be expired after March, 2009, as a result, workers are allowed to be off from work with 70% of basic wage. For those reasons, industrial production growing rate only occupies 9.9%, compared with the same period, which mainly comes from the enterprises starting their businesses after 2007.

L.H (Reported by Hoang Anh)