Industrial production value in FDI economic sector dramatically increase
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Illustrative image. Photo: BGP/Hai Huyen. |
As the result, the accumulated value has reached over 116 trillion VND (4.98 billion USD), increasing 30.4 percent against the same period in 2017.
Of the sum, the state sector accounted for 3.2 trillion VND (137.4 million USD), rising 24.6 percent; the non-state sector reached about 19 trillion VND (816.3 million USD), up 18.6 percent while that of the foreign-invested sector enjoyed an increase of 33.3 percent to some 94 trillion VND (4.03 billion USD) against the same period last year.
The increased IPV was mainly driven by the good growth of the industrial production sectors. Particularly, garment and textile enterprises have attracted more production orders to export to the markets of USA, Republic of Korea and European countries meanwhile due investments have been spent on projects of power grid improvement to ensure the sufficient supply demand, contributing to the good growth of solar panel and electronic component production in the industrial parks.
Besides, the new establishment of several industrial clusters with area expansion helps lure dozens of newly invested industrial production projects.
Van Thuong
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