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Industrial production value of Dong Nai province in April 2008 hit nearly VND6 billion

The industrial production value reached nearly VND6 billion in April, 2008, up 1.6% compared to the previous month including VND643.4 billion from the central state-owned area, VND222 billion from local state-owned area and VND4,280 billion from the foreign-invested area.

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        In comparison of the previous month, the industrial production value of local state-owned area has increased 9.3% thanks to the high growth rate of production in 8/12 second-level industrial sectors and 15/21 enterprises. That of the non-state-owned area has remained stable at a growth rate of 21.9%. The catastrophic price change, especially the hike price of gasoline and transport cost, has directly impacted on the product prices and competitiveness of enterprises. Due to the hike price, the buying power and the product demand on the domestic market have slowed down. This has affected the industrial sectors in terms of productivity and market effectiveness.

        The key industrial sectors continued developing in a relatively high and sustainable manner. The growth rate of aforementioned industrial sectors reached over 20% against the same period.

        Reported by Phuong Thanh, Translated by THKC

Author: admin

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