The nation\'s industrial production in the first four months of the year reached VND270.5 trillion (USD13.07 billion), an increase of 14.2 percent over the same period last year, the General Statistics Office said March 27.

Customers shop for water heaters on Cat Linh Street in Hanoi. After recovering from the economic crisis, industrial production has seen a growth rate of 14 percent. — VNA/VNS File Photo

"Industrial production is strongly recovering from the effects of the global economic downturn, with a stable growth rate of over 14 percent," GSO industrial and construction statistician Vu Quang Ha said.

Private-sector industry achieved a growth rate of 16.8 percent during the period, with an indsutrial value of VND101.1 trillion (USD4.9 billion), while the foreign-invested sector grew by 16.7 percent for a value of VND114.43 trillion (USD5.5 billion).

The State-run sector, meanwhile, saw growth of just 5.1 percent, fetching a turnover of VND54.95 trillion (USD2.65 billion).

The nation\'s industrial production reached VND198.7 trillion (USD9.5 billion) in the first quarter of the year, a rise of 14.1 percent against the same period last year. The processing industry saw the greatest growth of 15.1 percent year-on-year, averaging 9 percent per month.

The General Statistics Office earlier said that Vietnam\'s consumer prices jumped 17.5 percent in April from a year earlier - the fastest pace since December 2008, further casting doub

ts on the ability of authorities to cap inflation at 7 percent this year. Last year, inflation reached 11.75 percent.