"Industrial production is strongly recovering from the economic crisis, with a stable growth rate of over 14 percent," GSO industrial and construction statistician Vu Quang Ha said.
Private-sector industry achieved a growth rate of 16.8 percent during the period, with an industrial value of US$4.9 billion, while the foreign-invested sector grew by 16.7 percent, earning US$5.5 billion in revenue.
The State-run sector, meanwhile, saw a growth of just 5.1 percent, fetching a turnover of US$2.65 billion.
The country’s industrial production reached US$9.5 billion in the first quarter of the year, a rise of 14.1 percent against the same period last year. The processing industry saw a growth of 15.1 percent year-on-year highest, averaging 9 percent per month.
GSO earlier announced that Vietnam's consumer prices jumped 17.5 percent in April from a year earlier - the fastest pace since December 2008, further casting doubts on the Government’s ability to cap inflation at 7 percent this year. Last year, inflation’s rate reached 11.75 percent.