Industrial production expands 8.4 percent in January-November
Viet Nam's industrial production saw a year-on-year increase of 8.4 percent in the first 11 months this year, according to the General Statistics Office (GSO).
aa
Sao chép liên kết
Illustrative image
In November, industrial production grew 2.3 percent from October and 8.9 percent against the same period last year.
The manufacturing and processing sector reported a growth rate of 9.7 percent, contributing 8.5 percentage points to the overall industrial production expansion.
Electricity production and distribution industry recorded a rise of 10.2 percent, contributing 0.9 percentage point to industrial production growth.
The GSO said 60 out of 63 provinces and centrally-run cities experienced industrial production growth.
Fastest-growing Industries included automobiles (up 22.4 percent), steel bars and angles (21.7 percent), fiber textiles (16 percent), and oil and gas (15.9 percent)./.
Clean land funds in prime southern industrial locations are becoming increasingly scarce as competition intensifies, with sites near Long Thanh International Airport drawing strong investor interest.
Vietnam Container Shipping, a leading logistics provider, announced the acquisition of a 65 per cent equity interest in Harbour City Co. Ltd on March 16, to implement a real estate project in Haiphong city.
Sun Group has become the controlling shareholder in newly established Vietnam Digital Asset JSC, committing 64 per cent of its initial $40 million charter capital.
A consortium between Hateco and the Netherlands' APM Terminals will develop the Lien Chieu container port in Danang with an investment of $1.76 billion.
Electronics retail chain Dien May Xanh, under Mobile World Investment Corp, plans an initial public offering by selling 180 million shares, or a 16 per cent stake.