The value was 14.6 percent higher than the figure in 2007, but still below the annual growth rate of previous years due to the impact of the global economic crisis.

Foreign-invested enterprises topped the list, making up 40.1 percent of the total value and registering a growth rate of 18.2 percent. Private enterprises followed with 34.5 percent of the total value and an 18.5 percent growth rate, and State-owned enterprises with 25.5 percent and 5 percent, respectively.

The GSO attributed the production surge to a strong boost of the processing and manufacturing sector, which generated US$35.1 billion, up 16 percent over last year and accounted for 88.9 percent of the total industrial production value.

Most products recording a high growth rate included processed seafood (29.1 percent), trucks (40.6 percent), buses (38.3 percent), washing machines (28 percent), electricity transformers (22.6 percent) and powdered milk (18.6 percent).

Meanwhile, some of key industrial products obtained a slow growth rate as compared to a year earlier, with motorbikes increasing by only 5.5 percent increase, paper and cardboard by 2.3 percent, and fertiliser by 1 percent.

Some other products even fell into a decline such as crude oil, down 6.6 percent to 14.8 million tonnes; coal, down 6.1 percent to 40 million tonnes; steel bar, down 10.6 percent to 3.5 million tonnes; and cotton fabric, down 1.8 percent to 242 million sq.m.