Vietnam’s Industrial Production Index rises 8.5% in 8M
The growth mainly fueled by manufacturing and processing.
Vietnam’s industrial production grows 8.6% in 7M
The manufacturing and processing sector continues to serve as the main engine of industrial growth.
Industrial production maintains positive growth in 5M
The index of industrial production (IIP) in the period up 8.8% year-on-year.
January industrial production slightly increases
Vietnam’s Index of Industrial Production (IIP) up 0.6% year-on-year.
Industrial production: Driving force for economic growth
Industrial production has played a key role in Vietnam’s economic recovery throughout 2024, with growth fueled by strong government support, sectoral shifts, and global integration.
Industrial production jumps 8.4% in 11M
Manufacturing and processing sector up 9.7%.
Industrial production keeps improving in 7M
The IIP rising 8.5% year-on-year in the first 7 months.
Vietnam's industrial production expands 7.54% in 1H
56 cities and provinces posting Index of Industrial Production growth.
Industrial production in upwards trend
Industrial production is forecast to increase during 2024 as a whole after rising handily in the first quarter.
Industrial Production in Vietnam Shows Robust Growth in April 2024
Industrial production in Vietnam maintained its upward trajectory in April 2024, marking another month of positive growth.
Industrial production in HCMC showing signs of recovery
Index of Industrial Production up 4.3 per cent year-on-year in Jan-Feb.
Industrial growth continues in HCMC
Southern city’s Index of Industrial Production rose 6.6% year-on-year in August and 2.8% in the first eight months.
HCMC to offer support to industry sector
City’s Industrial Production Index down 0.9% in Q1.
Industrial production slows in Q4
Index of Industrial Production up 3 per cent in the fourth quarter; the lowest increase of the year.
Northern region still to reach potential
Accounting for 45 per cent of the country’s population and with an important geographical location and good infrastructure, Vietnam’s northern region of 28 cities and provinces achieved many positive results in industrial production and commercial services in the first nine months of the year. In general, however, the region is yet to fully exploit its potential and advantages.
Industry continues to recover
According to the General Statistics Office, industrial production continued to recover in July and was estimated to have increased 1.6 per cent over June and 11.2 per cent year-on-year. This is due to the efforts of enterprises to expand production to compensate for the two years that Covid-19 affected industrial production.
Industry on road to recovery
Added value in the industry sector increased 8.48 per cent year-on-year in the first half of 2022. The processing and manufacturing industry remained the economy’s growth engine, rising 9.66 per cent and contributing 2.58 percentage points to the overall increase. Electricity production and distribution followed, increasing 6.1 per cent and contributing 0.24 percentage points.
IIP up 8.3% in 5M
Industrial production continued to recover in the first five months of 2022, according to the General Statistics Office, with the index of industrial production (IIP) increasing 8.3 per cent year-on-year, in which processing and manufacturing continued to be the driving force of growth, rising 9.2 per cent.
Industry up more than 7% in Q1
Industrial production continued its upwards trajectory in the first quarter of 2022, with value rising 7.07 per cent year-on-year, in which processing and manufacturing rose 7.79 per cent and continued to be a driving force. Industrial products to increase sharply included phone components, automobiles, steel, and processed seafood.
Industrial production may rise over remainder of the year
Positive pandemic control will go a long way towards enabling industrial production to grow.