In November, industrial
production value continued to grow up 13% against the same month last year.
Illustration
photo
The growth rate reaches
7.3% in 11 months in comparison to the same period of 2008.
The domestic consumption
has significantly recovered in November when the total retail sale is estimated
to increase 5.1% against October.
In the 11 months, 765,000 new
enterprises have registered their operation, up over 28% compared to the same
period last year.
The MPI proposed the
Government to strictly manage monetary and credit growths and control market
changes in order to prevent the recurrence of high inflation.
The Ministry suggested the
Government stop the interest rate incentive policy at the end of 2009. In 2010,
interest rate incentives will be given to long and medium-term loans and the
loans for purchase of machinery, agricultural input materials, and building
materials for the construction of housing in rural areas.