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Industrial Output Value of the First Eight Months of This Year Reaches About $3.03 Billion.

The industrial output value in the first eight months reaches about $3.03 billion, up 20.8% against the same period last year and fulfilling 64.34% the year’s plan. The industrial output value in August is estimated at over $0.4 billion, down 0.5% against last month. That includes $58 million of central state economic sector, $16 million of local economic sector, about $52 million of non-state economic sector, and $28 million of foreign invested economic sector.


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In August, the development rate of leading industries is at over 20% in comparison with that of the same period last year. The highest development rate is 21.6 % of agriculture product and foodstuff processing industry. As for, foreign invested economic sector, foodstuff and beverage processing industry has developed fastest. The cause of this development is of the fact that the consuming situation of products such as cattle food, aquatic products, poultry, seasoning power, beverages, etc. have been stable in the market and export demand has increased fairly.   

However, increasing cost of fuel and raw materials (also including domestic and imported material), has influenced cost of transport and products with an increase of 10% to 15%. On the other hand, difficulty of the industry at present results from the fact that raising and consuming tra fish has faced difficulty. That has influenced production of fish raising households much and consuming aqua food has slowed down.

Reported by Thanh Le, translated by Hoai Thu.

 

Author: admin

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