Vietnam’s industrial production index (IIP) rose by 7.6 percent year-on-year in the first quarter of 2025, marking an acceleration from the 5.9 percent growth recorded in the same period last year, according to data from Vietnam’s General Statistics Office.
Key data points:
- Overall IIP growth: +7.6 percent (Q1 2025) vs. +5.9 percent (Q1 2024)
- Processing and manufacturing: +9.5 percent, contributing +7.9 percentage points to total IIP growth
- Electricity production and distribution: +2.6 percent, contributing +0.2 points
- Water supply and waste management: +11.6 percent, contributing +0.2 points
- Mining sector: -4.7 percent, subtracting 0.7 points from overall IIP growth