Vietnam’s index of industrial production (IIP) grew 9.3% in the first 11 months of 2025 compared to the same period last year, according to the National Statistics Office (GSO).
The manufacturing and processing sector continued to be the main growth driver, expanding 10.6% and contributing 8.5 percentage points to overall IIP growth. Electricity production and distribution increased 6.5%, adding 0.6 percentage point to the national index.
Several industries posted strong year-on-year increases, including motor vehicle manufacturing (22%), rubber and plastics production (16.4%), and garments (13.5%).
Of the 34 localities that recorded higher IIP, many saw significant gains fueled by robust processing and manufacturing activities. Quang Ninh led with a 33.8% surge, followed by Phu Tho (28.8%) and Ninh Binh (23.4%).
The production rebound has also supported the labor market. As of November 1, 2025, employment in industrial enterprises rose 1.0% from the previous month and 3.7% year-on-year.
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