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Economics

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Phu Giao’s production value of industry and home industry estimated at over VND2.19bln

Phu Giao district’s production value of industry and home industry in 2014 was estimated at more than VND2.19bln or 100% of the yearly plan and up 12.55% compared to 2013.

Of these, more than VND1trillion came from State-run enterprises at central level or 100.1% of the yearly plan, up 7.27%; VND248bln from State-run enterprises from local level or 100.7% of the yearly plan, up 17.7%; VND 930bln from non-State enterprises or 100% of the yearly plan, up 17.12%; VND16bln from FDI enterprises or 106.6% of the yearly plan, up 2.56%.

In general, the district’s production activities of industry and home industry in 2014 remained stable, but their growth was still slower than the yearly plan. This came from the increase in prices of materials, the decrease of purchasing power and many other reasons.

Reported by Hoai Phuong-Translated by K.T

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