Industrial sector on the rise

11:45 | 29/09/2014

VGP – The industrial sector posted a year-on-year growth rate of 6.44% in the first nine months but yet completely recovered.  

Source: The General Statistics Office

Industrial production was projected to gain a higher growth rate in Q4.

The processing and manufacturing sectors grew at a faster pace than the average rate of the whole sector at 8.57%. They also accounted for 55.8% of industrial GDP and 18.9% of the national GDP.

The volume of industrial exports touched around US$ 90billion, making up 82.1% of the total and rising by 13.2%.

Overseas shipment of the light and handicraft industries surged sharply at over 22.2%./.

By Khanh Phuong