(VOV) - Vietnam's total industrial output in 2011 reached over VND912 trillion, up 12.7 percent over the same period last year, according to the Ministry of Industry and Trade (MoIT).
Industrial output in the State-owned sector rose by 3 percent-the lowest increase compared to the non-State sector by 15.4 percent and the foreign-invested sector by 15.8 percent.
Most notably, the hotel and restaurant sector had the highest economic growth rate of 27.4 percent.
To develop industry in 2012, the MoIT is encouraging businesses to invest more in support industries, especially those to supply input materials for the garment and textile, footwear, electronics, automobile and shipbuilding sectors. The Ministry will also focus on creating appropriate barriers in line with international commitments to limit the import of substandard goods.