Vietnam ’s industrial production value is estimated to surge 6.2 per cent on-year to VND329.1 trillion (US$19 billion) in the first half of 2009.
Bui Xuan Khu, deputy minister of industry and trade, told a press conference held in Hanoi yesterday, Jun 17, the private sector’s industrial value jumped 9.6 per cent, representing the fastest rate of growth compared to state owned and foreign-invested sectors, and made the largest contribution to the country’s value growth.
The industrial value of foreign-invested firms soared 5.5 per cent, followed by state-owned companies with growth of less than 3 per cent, Khu noted.
“High rise in industrial value is based greatly on the government’s stimulus packages to curb the economic downturn,” Khu highlighted. (VNS)
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