The impressive figure brought the province’s industrial growth in the first nine months of 2013 to 12.8% compared to the corresponding period or 66% of the projection. 

Shoes for export being manufactured at Thai Binh Shoes Group in Di An town

Some industries gained high growth during the period. Particularly, exploitation industry achieved VND807.4bln; processing industry, more than VND106.867bln; gas and water industry, VND470.1bln…In September alone, the province’s industrial production value gained more than VND14.993trillion, more than VND10.224bln of which was contributed by the foreign investment sector.

Provincial Department of Industry and Trade (DoIT) said that the above results have came from stabilization on exchange rate, inflation, import material price, workforce and reduction on interest rates.

Also according to provincial DoIT, Vietnam’s main export markets, including EU, US, Japan, Australia, Brazil, Argentina, Middle East…are rebounding. Together with this, the positive effects from the negotiation of the Trans-Pacific Partnership Agreement (TPP) now opens many opportunities for province-based enterprises. The amount of their export orders in the first nine months of the year saw a 10%-15% growth compared to the corresponding period.

Reported by Minh Nguyen-Translated by K.T