Industrial production value in Q1/2011 is estimated at VND 198.7 billion, up 14.1% against the same period last year.
The figure is significantly positive compared to 13.6% in Q1/2010 and 2.5% in Q1/2009.
Those products that recorded most growth include liquidized gas (38.8%), oil and gas (60.9%), steel billet (29.9%) and fertilizers (18.3%-66,3%).
Though the rise in industrial production in the reviewed period is not impressive compared to 2007 and 2008, it is meaningful in the context of high inflation, according to recent report by the Ministry of Industry and Trade.
VGP