Phu Giao’s production value of industry-home industry reaches VND575mln

Phu Giao district’s value production of industry-home industry in Q1 2016 was estimated at VND575bln, up 5.12% compared to last year’s same period or 20.8% of the year’s plan.

Of these, the central State enterprises achieved more than VND245bln, up 3.65%; the local State enterprises, nearly VND256bln, up 4.83%; non-State enterprises, VND256bln, up 6.22% and foreign-invested enterprises, VND4.1bln, up 5.13% compared to last year’s same period.

According to the assessment of the district’s People’s Committee, district-based enterprises continued working stably in Q1 2016. They were proactive to set up their strategies for production-business expansion at market’s demand for commodities. But, industrial manufacture in the district still gained a slow growth, affecting the local economic growth.

Reported by Hoai Phuong-Translated by K.T