Viet Nam's industrial production value reached 176.8 trillion VND (11.4 billion USD) in the first four months of this year, marking a year-on-year increase of 16.7%, according to the Ministry of Industry (MoI).
In April alone, the country’s industrial output surpassed the 47 trillion VND mark, representing a 4.3% increase over March.
Industrial output of domestic private enterprises grew by 20.6% and the foreign-invested sector recorded a 19.4% expansion. The State-owned sector posted an industrial growth rate of 7.4%.
Most of the MoI's enterprises saw increases in industrial production value from the same period in the previous year, including industry giants, the Viet Nam Steel Corporation, 25.1%; the Electricity of Viet Nam; 12.3%; and the Viet Nam Garment and Textile Group, 12%.
The cities and provinces of Vinh Phuc , Dong Nai, Binh Duong, Hai Duong, Ha Noi and Hai Phong enjoyed particularly high expansion rates over the first four months of the year.
Source: VNA
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