The industrial production value in August 2009 is estimated at over VND7 trillion

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    Particularly, the production value of central industry hits VND846.5 billion, up 0.1% compared to the previous month. The production value of local state-owned industry is VND242.5 billion, up 0.6%. Eight industries have seen an increase in production whereas the production value of two industries levels off or declines over the same period. The production value of non-state industry is VND941.74 billion, up 0.9%. On the one hand, non-state industry is showing a big increase in production since privately-owned businesses continue to register for investment in industrial sectors. On the other hand, the world economy is showing signs of recovery and a lot of businesses in the fields of garment, footwear and so on are beginning to recruit more workers. Foreign-invested industry hits VND5,128 billion, up 0.9%.

    The industrial production value in August 2009 is estimated to reach more than VND53 trillion, up 7.8% and equal to 63.3% of the year plan.

(Reported by Hoang Anh, Translated by Duy Minh)