May 04, 2026 | 08:00

Industrial production continues expansion in 4M

Huyền Vy

The Index of Industrial Production (IIP) in the first four months of 2026 increasing 9.2% year-on-year.

Industrial production continues expansion in 4M

Vietnam’s industrial production continued to expand strongly in the first four months of the year, driven by robust growth in manufacturing and processing, according to data released by the National Statistics Office on May 3.

The Index of Industrial Production (IIP) rose an estimated 3% from the previous month and 9.9% year-on-year in April. Manufacturing and processing grew 10% compared to the same period last year, while electricity production and distribution increased 10.9%. Mining expanded 7.6%, and water supply and waste treatment services rose 7.1%.

In the first four months of 2026, the IIP climbed 9.2% year-on-year, higher than the 8.6% growth recorded in the same period of 2025. Manufacturing and processing remained the key driver, rising 9.9% and contributing 7.8 percentage points to overall growth. Electricity production and distribution increased 7.5%, while mining rebounded 4% after a decline a year earlier.

Industrial output rose across all 34 provinces and centrally governed cities, although growth varied depending on local performance in manufacturing, mining, and power generation.

Several key industrial products posted strong increases, including motorcycles (up 33.3%), processed seafood (22.5%), automobiles (22.4%), rolled steel (17%), construction steel (15.8%), beer (15.5%), and chemical paint (14.7%).

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate