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Industrial production rises 13.8%
Industrial production will total VND717.14 trillion (US$35.9 billion) for the first 11 months of 2010, a year-on-year increase of 13.8 per cent, the General Statistics Office (GSO) estimates.
The growth reflected the recovery from the global financial crisis and economic contraction, said economist Nguyen Quang Ha.
Construction materials will make a heavy contribution to the growth.
Bricks, tiles and ceramics production has risen 32 per cent and cement 18 per cent.
Beverage production has grown 39.5 per cent and butter and milk almost 33 per cent.
Sport shoe production has risen 20 per cent with other footwear is up about 17 per cent. Metal products increased 24.6 per cent.
The power sector generated 83.5 billion Kwh to meet rising demand, a year-on-year rise of almost 14 per cent.
The GSO figures show the manufacture of 234,000 tonnes of paint products, up 29 per cent and about 8.6 million cubic metres of natural gas, up 18 per cent.
But crude oil production fell 11.5 per cent to 13.6 million tonnes.
Sugar production fell 7.4 per cent because of a shortage of raw materials and television sets 9 per cent because of shrinking sales.
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