Industrial production value in last two months edges up

[Milanista1984]

The industrial production value in February is
estimated to reach VND58,200 billion, up by 21.6 percent against
January and by 14.9 percent compared to the same month last year,
according to the Ministry of Planning and Investment on February 25.


Also, in February, the industrial production value is
showing slight increases in the state sector (10.7 percent), the
non-state sector (17.3 percent) and the foreign-invested sector (15.4
percent).


In the first two months of this year, the value of
industrial production has hit VND106,100 billion, up by 2.5 percent
against the same period last year, despite the fact that the state
sector shrank by 4.4 percent while the non-state and foreign-invested
sectors continued to grow by 6.6 percent and 3.3 percent, respectively.


The industrial production value in the past two months
has shown a slow increase due to difficulties in the domestic and
export markets as the agricultural sector is affected by outbreaks of
bird flu, foot-and-mouth and blue-ear pig diseases in some localities.