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Provincial industrial production reached over VND17.3 thousand billion in the first quarter of this year

In the first quarter of this year, the industrial production value in the provincial area is estimated to reach VND17,356.57 billion, up 20.41% against the same period last year, and accounting for 22.21% compared to the year plan.

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        The production value of central state-owned area attained VND1,857 billion, up 18.8% compared to the same period last year; the production value of non-state-owned area reached VND2,382.25 billion, up 21.2%; and that of local state-owned area reached VND12,540 billion, up 22.26%. At the local state-owned area alone, the production value decreased by 6.9% against the same period. The reasons are that in the first quarter of this year, the production value of Dong Nai Tobacco Company and Dong Nai and Dong Nai import-export processing agricultural products and foods company (DONAFOODS) gained over 50% of total industrial output in the local state-owned area, but these companies has met such difficulties as tobacco price has increased from VND29,000/kg up to VND37,000/kg, and raw cashew nut price this year has risen from VND8,500/kg to VND16,000/kg.

        Reported by Thuy Lien, Translated by THKC

Author: admin

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