Vietnam’s Q1 industrial production surges by 15.6%

The non-State sector recorded 21.4 per cent increase, followed by the State-owned sector, 14.8 percent, and the foreign invested sector at 12.2 percent.

Industries recording high increases included bicycle production, motor-bike assembly, TV set assembly, coal production, seafood processing, soap and detergent production, and flooring tiles.

Vietnam’s bicycle and parts exports totalled $155m in 2003, a 125 percent increase over 2002.