Ho Chi Minh City’s industrial production value in the first eight months of the year topped nearly 214.5 trillion VND (13.4 billion USD), a year-on-year increase of 12.5 percent.

In August alone, the city recorded 28.8 trillion VND (4.8 billion USD) in industrial production value, representing a 3.9 percent rise against July.

The State-owned sector led the charge by posting a value of over 132 trillion VND (8.25 billion USD), followed by the foreign-invested sector with 82 trillion VND.

Meanwhile, the non-state sector reported its industrial production value at 80 trillion VND. Twenty-five out of 27 industries enjoyed growth spurts, including food and drinks, chemicals, rubber and plastic, garment and textile, electric components, and footwear.

BVOM, August 22, 2007