HCM City: industrial production up 12.5 percent

Posted on 23 August 2007

Ho Chi Minh City’s industrial production value in the first eight months of the year topped nearly 214.5 trillion VND (13.4 billion USD), a year-on-year increase of 12.5 percent.


In August alone, the city recorded 28.8 trillion VND (4.8 billion USD) in industrial production value, representing a 3.9 percent rise against July.


The State-owned sector led the charge by posting a value of over 132 trillion VND (8.25 billion USD), followed by the foreign-invested sector with 82 trillion VND.


Meanwhile, the non-state sector reported its industrial production value at 80 trillion VND. Twenty-five out of 27 industries enjoyed growth spurts, including food and drinks, chemicals, rubber and plastic, garment and textile, electric components, and footwear.


BVOM, August 22, 2007

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