Although industrial production has shown signs of leveling off, the growth rate in the first quarter reached 13 percent, an increase of 1 percent compared to the same period last year, according to Ho Chi Minh City’s Department of Industry.

In particular the state’s industrial sector has attained a growth rate of 4.5 percent, while the foreign invested sector rose to 17.3 percent.

23 out of 27 industries grew amazingly. Only some had low growth rates such as garments (2.6 percent) and chemicals (7.7 percent).

The city’s essential industries maintained high growth rates. While electricity and electronic production increased by nearly 33 percent, mechanical manufacturing rose to approximately 25 percent.

Four industries showing a decline in growth rates were coal exploration, wood processing, metal production and recycling.