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Vietnam 2008 industrial output growth seen up 14.6 pct

Viet Nam estimated on Wednesday the pace of its industrial output growth would slow to 14.6% in 2008 from 17.1 percent last year.

December industrial output growth was also expected to weaken to 11.8% from 20.7% in the same month in 2007, the government statistics office said in a report.

It said this year’s industrial output would reach 652.77 trillion dong ($38.4 billion).

Vietnamese industrial output (percentage change from a year earlier):

Dec 08 Dec 07 2008 2007

Output 11.8 20.7 14.6 17.1

Of which:

State 2.6 12.9 4.0 10.3

Non-state 11.6 24.3 18.8 20.9

Foreign-invested 18.1 21.3 18.6 18.2

($1=16,977 dong) (Reuters)

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