Tuesday, July 31, 2007

Industrial production value up 17 percent

The industrial production value in July was estimated at 50.8 trillion VND, raising the total value in the first seven months of this year to over 325.9 trillion VND or 17 percent increase year on year, according to the Ministry of Industry.

The ministry said that the production of steel was 29.8 percent up over the same period last year; electric fans, 25.5 percent; air conditioners, 56.9 percent and automobiles, 67.2 percent.

In July, even though operation of the Nam Con Son gas pipeline was halted for maintenance and upgrade, the electric sector met the demands of production and the people's daily use.

The coal industry turned out 24.2 million tonnes of clean coal in the past seven months, a 14.9 percent year-on-year rise. To the figure, the Viet Nam Coal Industry and Mineral Group contributed 23.8 million tonnes.

Source: VNA

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