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Industrial production shows signs of better growth   2009-05-03 - VNA

The domestic industrial production in April posted a higher growth rate than the two previous months, increasing 3.1 percent over March and 5.4 percent over the same month last year, the Ministry of Industry and Trade reported.

 


The improvement indicated that the Government’s counter-recession measures have produced initial effects, the ministry said.

The industrial production value in the first four months of 2009 reached 209 trillion VND, a year-on-year increase of 3.3 percent.

The non-State sector showed the best performance with a 6.1 percent increase, followed by the FDI sector with 3.3 percent and the centrally-run sector with a modest 0.4 percent. Only the locally-run sector saw a 5.5 percent year-on-year decrease.



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