November industrial production rises 8.1pct y/y-govt

28-Nov-2011 Intellasia | Reuters | 7:01 AM

Vietnam’s index of industrial production (IIP) for November is estimated to have risen 8.1 percent from a year ago, accelerating from 5.3 percent last month, the government said on Friday.

The General Statistical Office estimated the index for the January-November period rose 6.9 percent from the same period last year, against an annual pace of 7.0 percent in the first 10 months.

In June the GSO started using the IIP in place of a previous industrial output index that used 1994 prices as a base. It gave no value for industrial output.

VIETNAM’S INDEX OF INDUSTRIAL PRODUCTION

(percentage change from a year earlier)

November 11 Jan-November 11 October 11 Jan-October 11

Overall 8.1 6.9 5.3 7.0

Mining industry 2.2 -0.2 -6.2 -0.7

Processing industry 10.6 9.8 10.3 10.2

*Utilities 9.3 9.6 6.9 9.4

* Utilities refers to the production and distribution of electricity, gas and water.

http://www.reuters.com/article/2011/11/25/vietnam-economy-industry-idUSL4E7MP07Q20111125