Nation records 20 bln USD in industrial value

Industrial production in the first six months of the year reached 418.4 trillion VND (nearly 20 billion USD), an increase of 14.3 percent over the same period last year, according to the Ministry of Industry and Trade.

Most of production materials and consumption products saw high growths. Electricity increased by 11.2 percent; cement, 14.7 percent; liquefied gas, 19 percent; petroleum, 25.3 percent.

In the reviewed period, the industrial sector earned an export value of 42.3 billion USD, a year-on-year increase of 30.3 percent.

Of them, the export of fuel and mineral products fetched 5.2 billion USD, 26.3 percent year-on-year increase.

The ministry forecast that the sector would see an export turnover of 85.5 billion USD by the end of this year with trade deficit of 14.5 billion USD, equal to 16 percent of the export value.

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