In 2013, industrial production increases by 15.1%
Under report of Department of Industry and Trade, in 2013 industrial production of the province eyed relative growth. Industrial production value was estimated to reached VND 162,177 billion or 15.1% higher than previous year or 99% of the year’s plan.Of the increment, domestic economic sector was accounted for VND 5,817.8 billion or 30% of the balance and eyed an increment of 13.9%. Foreign invested economic sector was accounted for VND 111,359.9 billion or 70% of the balance with 15.6% of growth higher than previous year.Industrial production in 2013 of the province is higher than previous year but still relatively low than years before.This proved setbacks and challenges that industrial production is facing due to global economic recession, and declining market buying power.Meantime, enterprises have been facing challenges in consuming products and promoting production.Reported by Duy Chi – Translated by Vi Bao