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Vietnam Industrial Production Index Tracker: October Update [data set]

Vietnam’s industrial production index in October recorded a jump of  seven percent compared to the same period last year, driven by growth in key sectors like processing and manufacturing. The processing and manufacturing industry experienced a decent increase of 8.8 percent, while electricity production and distribution grew by 6 percent. The machines for the textile, garment and leather industries, however, has recorded the biggest rise so far this year, up 85 percent.

Vietnam Industrial Production Index by industry, October 2024

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberOct 2024 vs Sep 2024October 2024 vs. Oct 2023Jan-Oct 2024 vs. Jan-Oct 2023
Industry-wide56.028.355.558.365.168.469.571.265.371.94.07.08.3
Machines for textile, garment and leather industries-12.9-36.75.710.521.727.032.430.132.532.1-0.385.726.9
Office machinery and equipment (except computers and computer peripheral equipment)-16.2-36.8-12.9-12.3-4.41.717.729.7-14.732.255.056.49.2
Motor vehicle manufacturing61.65.071.282.075.581.2107.0128.6141.8159.47.345.214.8
Repair and maintenance of means of transport (except cars, motorbikes, scooters and other motor vehicles)-41.4-66.5-53.7-53.0-39.7-13.5-19.84.8-30.8-31.8-1.338.923.6
Beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.7-4.95.16.911.74.528.224.8
Beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.7-4.95.16.911.74.528.224.8
Lifting, lowering and loading equipment20.8-25.842.163.920.553.250.354.376.965.7-6.326.1-0.8
Battery and accumulator manufacturing67.599.9126.1102.986.410.5-28.148.2133.3228.140.625.912.4
Motor vehicle manufacturing92.537.698.699.8105.8103.8128.1143.1140.5157.77.124.814.0
Printing related services21.0-15.021.9-3.49.79.418.314.90.54.33.724.527.6
Other general machinery manufacturing12.6-21.555.751.994.474.447.722.88.332.322.222.96.6
Other pumps, compressors, taps and valves43.77.853.551.555.857.261.552.940.942.91.521.313.7
Mining of other non-ferrous metal ores7.2-4.921.414.124.216.127.25.1-8.4-7.90.520.920.9
Refined petroleum products182.5178.1114.486.0184.6198.9203.8200.8137.1132.5-1.919.916.4
Metal ore mining-17.8-27.2-6.2-11.1-4.0-10.4-1.0-16.8-26.7-27.1-0.519.717.3
Coke, refined petroleum products190.3184.9122.093.4192.1206.5211.6208.6144.1139.6-1.918.916.0
Processing and preserving fruits and vegetables90.334.973.189.6112.3130.1126.5161.0152.1137.4-5.818.817.1
Garment manufacturing41.39.639.139.044.349.063.673.257.360.42.018.110.3
Sewing clothes (except fur clothes)41.39.639.139.044.349.063.673.257.360.42.018.110.3
Plastic and synthetic rubber in primary form505.6337.8184.0180.6194.1231.5241.1301.0275.2229.2-12.315.623.4
Electrical equipment manufacturing28.412.038.436.642.126.628.044.157.973.49.915.410.8
Household electrical appliances83.248.687.192.0133.4128.5145.0168.0160.0171.84.614.59.3
Woven fabric production-6.5-19.93.4-1.62.34.66.212.910.913.12.014.411.4
Scrap recycling115.683.3182.4159.2118.3147.4177.3326.5227.6182.3-13.814.125.2
Other manufacturing not elsewhere classified20.5-17.421.325.227.237.140.935.524.833.67.113.75.8
Rubber and plastic products58.412.453.157.567.866.174.974.065.964.5-0.813.026.3
Plastic products58.412.453.157.567.866.174.974.065.964.5-0.813.026.3
Mechanical processing; metal treatment and coating85.457.481.894.999.897.096.182.988.093.52.912.86.6
Leather and related products68.524.262.766.979.778.386.089.786.295.14.812.611.4
Footwear manufacturing68.524.262.766.979.778.386.089.786.295.14.812.611.4
Processing and preserving aquatic products and aquatic products16.0-4.418.719.825.737.939.136.632.340.46.112.49.4
Sawing, planing, and preserving wood-0.7-34.43.17.69.19.314.917.813.28.2-4.511.96.8
Cables, wires and other electronic products17.6-7.013.016.419.316.420.522.023.026.42.711.513.4
Wood, bamboo and rattan products2.5-31.83.36.29.810.513.912.311.010.5-0.510.98.7
Corrugated paper, corrugated cardboard, packaging from paper and cardboard26.6-7.523.121.124.926.937.246.332.638.04.110.96.6
Metal components63.759.1119.2122.8153.9151.7154.3160.7150.3148.0-0.910.913.8
Metal production233.1208.9233.0241.1270.5274.2281.7285.2238.7254.84.810.610.9
Iron, steel, cast iron233.1208.9233.0241.1270.5274.2281.7285.2238.7254.84.810.610.9
Milling and production of raw flour-46.7-50.5-36.0-36.3-28.7-37.3-34.8-37.4-39.2-35.65.910.36.1
Waste collection, treatment and disposal activities; scrap recycling66.653.887.485.582.396.1103.8146.7114.392.9-10.010.215.8
Prefabricated metal products (except machinery and equipment)46.629.668.472.689.585.887.385.684.886.10.810.011.9
Machinery and equipment not elsewhere classified75.522.460.567.465.067.575.980.351.777.517.19.83.5
Food processing and manufacturing21.9-0.720.623.630.834.734.338.734.237.82.69.47.5
Plywood, veneer, laminated wood and other thin boards8.4-26.93.73.411.112.712.02.27.014.87.39.312.4
Processing and manufacturing industry68.136.664.767.675.681.083.284.782.288.73.68.89.6
Fertilizers and nitrogen compounds3.30.42.110.314.113.48.61.6-1.711.613.58.711.6
Weaving45.414.447.544.349.152.263.363.360.161.91.18.212.1
Other processing and manufacturing industries46.55.834.835.939.750.159.660.351.356.73.67.94.8
Ready-made garments (except apparel)-43.4-60.9-44.5-44.3-44.0-41.7-38.0-36.5-40.9-39.03.17.84.1
Chemicals and chemical products73.435.331.230.436.541.940.344.936.338.21.47.814.6
Paper and paper products48.112.250.451.156.052.258.868.555.259.42.77.89.3
Iron ore mining-83.6-85.7-78.7-77.3-78.0-80.0-75.3-74.5-75.0-77.6-10.37.8-16.1
Non-hazardous waste collection46.741.948.855.667.775.273.973.568.256.6-6.97.510.2
Fiber production78.740.379.876.282.385.6100.798.895.697.30.87.412.8
Print, copy records of all kinds109.358.999.097.3108.9112.5117.2113.8111.0115.22.07.29.4
Water supply; waste and wastewater management and treatment activities56.547.663.169.268.675.174.792.380.071.1-5.06.99.5
Consumer electronics products226.9164.1237.0240.9239.5241.2276.3284.3260.7253.1-2.16.79.8
Installation of industrial machinery and equipment-34.4-58.5-42.4-40.9-34.8-34.8-36.8-35.7-35.3-36.2-1.56.6-10.5
Animal feed, poultry and aquatic products23.71.613.617.523.621.823.227.720.926.64.66.45.3
Other fabricated metal products not elsewhere classified13.8-12.48.710.216.510.712.05.913.116.93.46.311.0
Building materials from clay-23.1-42.2-15.7-1.43.0-0.23.83.7-10.5-9.90.76.22.0
Production and distribution of electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1131.0131.3138.4110.0117.33.56.010.3
Electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1131.0131.3138.4110.0117.33.56.010.3
Electricity generation, transmission and distribution97.967.8112.4121.5132.1131.0131.3138.4110.0117.33.56.010.3
Drugs, pharmaceutical chemicals and pharmaceutical materials82.420.850.649.758.445.339.540.337.240.22.15.99.8
Drugs, pharmaceutical chemicals and pharmaceutical materials82.420.850.649.758.445.339.540.337.240.22.15.99.8
Water exploitation, treatment and supply53.049.253.064.264.264.459.362.361.259.6-1.05.55.1
Water exploitation, treatment and supply53.049.253.064.264.264.459.362.361.259.6-1.05.55.1
Other mining47.18.844.152.252.744.940.845.637.340.82.65.32.7
Quarrying of stone, sand, gravel, clay47.18.844.152.252.744.940.845.637.340.82.65.32.7
Motors, generators, electric transformers, electricity distribution and control equipment-14.0-36.6-7.6-8.3-8.0-12.20.5-2.20.7-11.8-12.45.26.1
Cosmetics, soaps, detergents, polishes and toilet preparations42.114.348.743.952.354.046.940.725.537.49.55.212.9
Toy and game manufacturing112.433.571.059.565.685.2116.0133.3119.8118.0-0.84.9-0.9
Other non-metallic mineral products60.826.981.487.478.973.176.282.365.279.28.54.6-0.4
Communication equipment manufacturing63.644.571.469.977.9108.994.684.5114.3119.02.24.48.6
Cement, lime, plaster114.074.1148.4151.7133.3123.8124.9136.4114.8137.310.54.3-1.5
Printing156.198.1139.9150.7161.6167.2169.7166.2169.6174.01.64.26.0
Concrete and products from cement and plaster-4.0-43.0-19.1-19.3-9.5-3.36.91.6-0.92.33.24.27.6
Electronic products, computers and optical products101.172.7101.2109.5111.7132.9124.3117.8140.1146.92.84.18.8
Other products of paper and paperboard not elsewhere classified86.046.998.6104.2110.997.096.9107.895.197.11.14.112.5
Non-alcoholic beverages, mineral water37.89.244.733.544.740.520.723.233.739.64.53.85.6
Beverage production59.827.353.447.856.356.445.544.750.560.96.93.20.9
Medical, dental, orthopedic and rehabilitation equipment and instruments48.226.934.338.844.049.554.955.352.156.42.83.08.2
Tobacco products manufacturing70.933.273.571.871.569.070.979.576.477.60.73.06.1
Tobacco products manufacturing70.933.273.571.871.569.070.979.576.477.60.73.06.1
Processing of milk and dairy products22.59.633.231.437.536.934.733.034.043.37.02.93.8
Beer and malt production78.843.061.060.266.470.166.963.264.979.28.72.8-2.1
Electronic components manufacturing284.2211.4230.7302.5270.3238.2246.2256.5250.9276.97.42.29.1
Spare parts and accessories for motor vehicles and motor vehicle engines140.888.5141.6127.6153.0139.1161.0165.8138.5154.96.92.013.1
Food products not elsewhere classified44.416.749.649.246.651.041.846.044.843.9-0.61.5-0.7
Other chemical products not elsewhere classified-7.0-35.0-0.3-4.41.1-3.3-3.5-5.6-8.4-3.75.10.46.4
Drainage and wastewater treatment33.78.421.029.735.952.046.447.951.850.4-1.0-0.36.6
Drainage and wastewater treatment33.78.421.029.735.952.046.447.951.850.4-1.0-0.36.6
Other means of transport6.7-32.00.53.64.63.717.810.9-3.58.512.5-0.83.0
Motorcycle manufacturing6.7-32.00.53.64.63.717.810.9-3.58.512.5-0.83.0
Paints, varnishes and similar coatings, printing ink and mastics-19.4-40.6-22.4-27.6-25.0-21.2-20.8-20.2-22.4-17.66.2-1.06.9
Crude oil exploitation-49.5-52.9-48.8-51.0-53.1-52.8-53.0-51.4-53.9-51.84.4-3.2-5.8
Repair, maintenance and installation of machinery and equipment-21.9-43.1-32.9-23.2-13.2-9.0-10.71.7-16.4-16.8-0.5-4.0-3.9
Coke production-100.0-100.0-100.0-100.0-100.0-100.0-100.0-100.0-100.0-100.00.4-6.93.7
Mining of hard coal and lignite40.85.748.143.652.834.823.218.3-11.520.636.3-7.7-5.9
Mining and collection of hard coal40.85.748.143.652.834.823.218.3-11.520.636.3-7.7-5.9
Extractive-24.7-35.1-20.5-22.1-22.2-27.0-30.0-32.7-40.6-32.413.8-10.4-7.2
Crude oil and natural gas extraction-44.3-48.1-40.7-42.0-43.6-46.9-48.0-50.5-54.6-49.710.8-14.2-11.9
Mining and quarrying support services activities-10.2-15.6-0.2-8.7-16.2-1.7-12.0-16.2-15.8-17.9-2.5-19.08.6
Support services for crude oil and natural gas exploitation-10.2-15.6-0.2-8.7-16.2-1.7-12.0-16.2-15.8-17.9-2.5-19.08.6
Natural gas extraction-37.8-42.1-30.4-30.7-31.6-39.5-41.6-49.3-55.6-47.119.1-24.2-17.3
Other specialized machines548.5347.5330.0348.3320.8289.8335.1365.2244.4316.821.0-26.2-4.3
Repair of machinery and equipment33.724.119.159.170.545.852.264.842.443.91.1-27.7-13.6

Source: General Office of Statistics

September

Vietnam’s industrial production index in September 2024 saw a significant increase of 10.8 percent compared to the same period last year, driven by growth in key sectors like processing and manufacturing. The processing and manufacturing industry experienced a robust increase of 13.1 percent, while electricity production and distribution grew by 6.4 percent. The water supply, waste management, and wastewater treatment sector saw the largest rise, increasing by 15.2 percent.

Vietnam Industrial Production Index by industry, September 2024

JanFebMarAprMayJunJulAugSepSep  vs AugSep 2023 vs 2024Jan-Sep 2023 vs 2024
Total56.028.355.558.365.168.469.571.270.8-0.210.88.6
Extractive-24.7-35.1-20.5-22.1-22.2-27.0-30.0-32.7-37.7-7.3-5.9-6.5
Mining of hard coal and lignite40.85.748.143.652.834.823.218.37.4-9.3-10.0-4.2
Mining and collection of hard coal40.85.748.143.652.834.823.218.37.4-9.3-10.0-4.2
Crude oil and natural gas extraction-44.3-48.1-40.7-42.0-43.6-46.9-48.0-50.5-54.1-7.3-7.8-11.5
Crude oil exploitation-49.5-52.9-48.8-51.0-53.1-52.8-53.0-51.4-52.8-3.02.1-5.9
Natural gas extraction-37.8-42.1-30.4-30.7-31.6-39.5-41.6-49.3-55.7-12.6-18.5-16.5
Metal ore mining-17.8-27.2-6.2-11.1-4.0-10.4-1.0-16.8-27.4-12.713.217.0
Iron ore mining-83.6-85.7-78.7-77.3-78.0-80.0-75.3-74.5-75.6-4.218.3-18.5
Mining of other non-ferrous metal ores7.2-4.921.414.124.216.127.25.1-9.1-13.512.720.8
Other mining47.18.844.152.252.744.940.845.636.4-6.37.22.3
Quarrying of stone, sand, gravel, clay47.18.844.152.252.744.940.845.636.4-6.37.22.3
Mining and quarrying support services activities-10.2-15.6-0.2-8.7-16.2-1.7-12.0-16.2-16.10.2-1.512.5
Support services for crude oil and natural gas exploitation-10.2-15.6-0.2-8.7-16.2-1.7-12.0-16.2-16.10.2-1.512.5
Processing and manufacturing industry68.136.664.767.675.681.083.284.788.42.013.19.9
Food processing and manufacturing21.9-0.720.623.630.834.734.338.740.31.211.77.8
Processing and preserving aquatic products and aquatic products16.0-4.418.719.825.737.939.136.641.53.619.710.0
Processing and preserving fruits and vegetables90.334.973.189.6112.3130.1126.5161.0152.8-3.214.116.9
Processing of milk and dairy products22.59.633.231.437.536.934.733.036.72.85.14.1
Milling and production of raw flour-46.7-50.5-36.0-36.3-28.7-37.3-34.8-37.4-35.72.79.26.3
Food products not elsewhere classified44.416.749.649.246.651.041.846.046.90.60.8-0.7
Animal feed, poultry and aquatic products23.71.613.617.523.621.823.227.729.61.510.16.0
Beverage production59.827.353.447.856.356.445.544.746.91.52.30.4
Beer and malt production78.843.061.060.266.470.166.963.270.64.56.7-2.3
Non-alcoholic beverages, mineral water37.89.244.733.544.740.520.723.219.6-3.0-4.34.6
Tobacco products manufacturing70.933.273.571.871.569.070.979.573.7-3.26.06.2
Tobacco products manufacturing70.933.273.571.871.569.070.979.573.7-3.26.06.2
Weaving45.414.447.544.349.152.263.363.363.50.111.212.8
Fiber production78.740.379.876.282.385.6100.798.898.4-0.210.713.6
Woven fabric production-6.5-19.93.4-1.62.34.66.212.915.52.314.911.6
Ready-made garments (except apparel)-43.4-60.9-44.5-44.3-44.0-41.7-38.0-36.5-36.20.512.04.7
Garment manufacturing41.39.639.139.044.349.063.673.268.8-2.519.79.9
Sewing clothes (except fur clothes)41.39.639.139.044.349.063.673.268.8-2.519.79.9
Leather and related products68.524.262.766.979.778.386.089.792.51.517.611.6
Footwear manufacturing68.524.262.766.979.778.386.089.792.51.517.611.6
Wood, bamboo and rattan products2.5-31.83.36.29.810.513.912.311.3-0.9-0.78.4
Sawing, planing, and preserving wood-0.7-34.43.17.69.19.314.917.813.8-3.4-1.56.3
Plywood, veneer, laminated wood and other thin boards8.4-26.93.73.411.112.712.02.26.74.41.112.8
Paper and paper products48.112.250.451.156.052.258.868.567.7-0.516.910.4
Corrugated paper, corrugated cardboard, packaging from paper and cardboard26.6-7.523.121.124.926.937.246.347.10.518.77.4
Other products of paper and paperboard not elsewhere classified86.046.998.6104.2110.997.096.9107.8104.2-1.714.814.2
Print, copy records of all kinds109.358.999.097.3108.9112.5117.2113.8117.71.811.910.1
Printing156.198.1139.9150.7161.6167.2169.7166.2170.11.47.16.2
Printing related services21.0-15.021.9-3.49.79.418.314.919.03.638.530.3
Coke, refined petroleum products190.3184.9122.093.4192.1206.5211.6208.6207.6-0.3147.018.8
Coke production-100.0-100.0-100.0-100.0-100.0-100.0-100.0-100.0-100.0-13.1-10.24.6
Refined petroleum products182.5178.1114.486.0184.6198.9203.8200.8200.70.0157.519.2
Chemicals and chemical products73.435.331.230.436.541.940.344.958.69.519.916.9
Fertilizers and nitrogen compounds3.30.42.110.314.113.48.61.67.96.212.012.8
Plastic and synthetic rubber in primary form505.6337.8184.0180.6194.1231.5241.1301.0384.420.829.424.7
Paints, varnishes and similar coatings, printing ink and mastics-19.4-40.6-22.4-27.6-25.0-21.2-20.8-20.2-18.62.0-2.08.6
Cosmetics, soaps, detergents, polishes and toilet preparations42.114.348.743.952.354.046.940.739.9-0.58.915.1
Other chemical products not elsewhere classified-7.0-35.0-0.3-4.41.1-3.3-3.5-5.6-3.22.54.07.8
Drugs, pharmaceutical chemicals and pharmaceutical materials82.420.850.649.758.445.339.540.341.71.015.410.6
Drugs, pharmaceutical chemicals and pharmaceutical materials82.420.850.649.758.445.339.540.341.71.015.410.6
Rubber and plastic products58.412.453.157.567.866.174.974.074.30.224.928.8
Plastic products58.412.453.157.567.866.174.974.074.30.224.928.8
Other non-metallic mineral products60.826.981.487.478.973.176.282.376.6-3.15.4-0.3
Building materials from clay-23.1-42.2-15.7-1.43.0-0.23.83.7-3.7-7.113.32.4
Cement, lime, plaster114.074.1148.4151.7133.3123.8124.9136.4131.4-2.13.5-1.4
Concrete and products from cement and plaster-4.0-43.0-19.1-19.3-9.5-3.36.91.6-4.2-5.710.57.6
Metal production233.1208.9233.0241.1270.5274.2281.7285.2278.4-1.812.312.3
Iron, steel, cast iron233.1208.9233.0241.1270.5274.2281.7285.2278.4-1.812.312.3
Prefabricated metal products (except machinery and equipment)46.629.668.472.689.585.887.385.684.7-0.513.012.0
Metal components63.759.1119.2122.8153.9151.7154.3160.7153.9-2.615.514.2
Mechanical processing; metal treatment and coating85.457.481.894.999.897.096.182.990.84.312.66.1
Other fabricated metal products not elsewhere classified13.8-12.48.710.216.510.712.05.98.02.07.211.0
Electronic products, computers and optical products101.172.7101.2109.5111.7132.9124.3117.8136.68.66.89.1
Electronic components manufacturing284.2211.4230.7302.5270.3238.2246.2256.5266.02.712.410.5
Communication equipment manufacturing63.644.571.469.977.9108.994.684.5107.312.45.28.6
Consumer electronics products226.9164.1237.0240.9239.5241.2276.3284.3266.4-4.710.010.4
Electrical equipment manufacturing28.412.038.436.642.126.628.044.141.3-2.0-3.08.7
Motors, generators, electric transformers, electricity distribution and control equipment-14.0-36.6-7.6-8.3-8.0-12.20.5-2.2-14.1-12.16.94.3
Battery and accumulator manufacturing67.599.9126.1102.986.410.5-28.148.250.51.6-38.24.0
Cables, wires and other electronic products17.6-7.013.016.419.316.420.522.021.8-0.19.913.5
Household electrical appliances83.248.687.192.0133.4128.5145.0168.0167.3-0.312.19.1
Machinery and equipment not elsewhere classified75.522.460.567.465.067.575.980.376.6-2.13.34.6
Other pumps, compressors, taps and valves43.77.853.551.555.857.261.552.956.92.621.114.3
Lifting, lowering and loading equipment20.8-25.842.163.920.553.250.354.370.610.6-8.8-4.2
Office machinery and equipment (except computers and computer peripheral equipment)-16.2-36.8-12.9-12.3-4.41.717.729.715.7-10.858.18.0
Other general machinery manufacturing12.6-21.555.751.994.474.447.722.811.9-8.84.35.4
Machines for textile, garment and leather industries-12.9-36.75.710.521.727.032.430.124.9-4.047.721.0
Other specialized machines548.5347.5330.0348.3320.8289.8335.1365.2360.0-1.1-17.71.5
Motor vehicle manufacturing92.537.698.699.8105.8103.8128.1143.1145.20.825.713.0
Motor vehicle manufacturing61.65.071.282.075.581.2107.0128.6135.32.929.810.7
Spare parts and accessories for motor vehicles and motor vehicle engines140.888.5141.6127.6153.0139.1161.0165.8160.6-2.020.315.8
Other means of transport6.7-32.00.53.64.63.717.810.9-0.7-10.54.13.8
Motorcycle manufacturing6.7-32.00.53.64.63.717.810.9-0.7-10.54.13.8
Beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.7-4.95.18.63.338.324.7
Beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.7-4.95.18.63.338.324.7
Other processing and manufacturing industries46.55.834.835.939.750.159.660.353.9-4.05.44.6
Toy and game manufacturing112.433.571.059.565.685.2116.0133.3140.73.10.9-0.3
Medical, dental, orthopedic and rehabilitation equipment and instruments48.226.934.338.844.049.554.955.349.4-3.83.08.7
Other manufacturing not elsewhere classified20.5-17.421.325.227.237.140.935.523.5-8.811.04.9
Repair, maintenance and installation of machinery and equipment-21.9-43.1-32.9-23.2-13.2-9.0-10.71.7-14.8-16.3-8.0-3.7
Repair of machinery and equipment33.724.119.159.170.545.852.264.842.6-13.52.8-11.7
Repair and maintenance of means of transport (except cars, motorbikes, scooters and other motor vehicles)-41.4-66.5-53.7-53.0-39.7-13.5-19.84.8-27.8-31.10.722.6
Installation of industrial machinery and equipment-34.4-58.5-42.4-40.9-34.8-34.8-36.8-35.7-34.51.9-24.0-12.0
Production and distribution of electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1131.0131.3138.4114.6-10.06.411.1
Electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1131.0131.3138.4114.6-10.06.411.1
Electricity generation, transmission and distribution97.967.8112.4121.5132.1131.0131.3138.4114.6-10.06.411.1
Water supply; waste and wastewater management and treatment activities56.547.663.169.268.675.174.792.382.4-5.115.29.9
Water exploitation, treatment and supply53.049.253.064.264.264.459.362.362.70.33.75.2
Water exploitation, treatment and supply53.049.253.064.264.264.459.362.362.70.33.75.2
Drainage and wastewater treatment33.78.421.029.735.952.046.447.954.64.512.57.7
Drainage and wastewater treatment33.78.421.029.735.952.046.447.954.64.512.57.7
Waste collection, treatment and disposal activities; scrap recycling66.653.887.485.582.396.1103.8146.7117.8-11.732.016.7
Non-hazardous waste collection46.741.948.855.667.775.273.973.572.1-0.813.910.7
Scrap recycling115.683.3182.4159.2118.3147.4177.3326.5230.3-22.665.626.7

 


August

Vietnam’s Industrial Production Index grew by 2 percent in August over July, according to data released by Vietnam’s General Office of Statistics. Vietnam’s IIP is now up 9.5 percent year-on-year.

The GSO notes that the processing and manufacturing industry increased by 9.7 percent, that the electricity production and distribution industry increased by 11.6 percent, and the water supply, waste and wastewater management and treatment industry increased by 7.8 percent. It does, however, also note that the mining industry decreased by 6 percent.

Vietnam Industrial Production Index by industry, August 2024

Aug V JulyYOYJan-Aug 2023 V 2024
Industry-wide2.09.58.6
Extractive0.8-1.5-6.0
Mining of hard coal and lignite-2.2-12.3-3.3
Mining and collection of hard coal-2.2-12.3-3.3
Crude oil and natural gas extraction1.4-0.1-11.2
Crude oil exploitation1.2-5.4-7.1
Natural gas extraction1.76.0-14.9
Metal ore mining-6.439.519.0
Iron ore mining7.582.0-21.4
Mining of other non-ferrous metal ores-7.436.823.4
Other mining2.42.61.7
Quarrying of stone, sand, gravel, clay2.42.61.7
Mining and quarrying support services activities7.215.916.1
Support services for crude oil and natural gas exploitation7.215.916.1
Processing and manufacturing industry2.210.69.7
Food processing and manufacturing3.29.87.3
Processing and preserving aquatic products and aquatic products3.922.99.6
Processing and preserving fruits and vegetables4.49.715.6
Processing of milk and dairy products2.35.04.5
Milling and production of raw flour-0.48.76.4
Food products not elsewhere classified1.5-3.4-1.1
Animal feed, poultry and aquatic products3.35.95.4
Beverage production2.14.00.5
Beer and malt production-0.10.2-3.1
Non-alcoholic beverages, mineral water5.510.36.1
Tobacco products manufacturing-0.2-3.25.6
Tobacco products manufacturing-0.2-3.25.6
Weaving2.714.613.4
Fiber production2.414.614.5
Woven fabric production4.313.010.8
Ready-made garments (except apparel)4.217.23.9
Garment manufacturing3.215.48.3
Sewing clothes (except fur clothes)3.215.48.3
Leather and related products2.317.210.9
Footwear manufacturing2.317.210.9
Wood, bamboo and rattan products0.33.810.0
Sawing, planing, and preserving wood1.2-1.17.2
Plywood, veneer, laminated wood and other thin boards-1.414.815.6
Paper and paper products-0.28.78.7
Corrugated paper, corrugated cardboard, packaging from paper and cardboard1.18.35.1
Other products of paper and paperboard not elsewhere classified-1.79.113.0
Print, copy records of all kinds1.410.610.3
Printing0.65.66.4
Printing related services4.536.930.6
Coke, refined petroleum products3.532.311.5
Coke production0.7-1.56.6
Refined petroleum products3.633.511.6
Chemicals and chemical products12.422.617.8
Fertilizers and nitrogen compounds-5.39.513.0
Plastic and synthetic rubber in primary form40.753.627.4
Paints, varnishes and similar coatings, printing ink and mastics2.1-4.610.4
Cosmetics, soaps, detergents, polishes and toilet preparations-1.79.916.3
Other chemical products not elsewhere classified3.513.99.2
Drugs, pharmaceutical chemicals and pharmaceutical materials-2.215.89.6
Drugs, pharmaceutical chemicals and pharmaceutical materials-2.215.89.6
Rubber and plastic products0.231.229.5
Plastic products0.231.229.5
Other non-metallic mineral products5.06.5-0.6
Building materials from clay-1.418.31.9
Cement, lime, plaster7.04.2-1.7
Concrete and products from cement and plaster-1.39.47.8
Metal production6.318.413.2
Iron, steel, cast iron6.318.413.2
Prefabricated metal products (except machinery and equipment)4.211.212.6
Metal components6.212.414.6
Mechanical processing; metal treatment and coating3.517.66.7
Other fabricated metal products not elsewhere classified-0.14.212.3
Electronic products, computers and optical products-0.61.59.8
Electronic components manufacturing3.69.910.3
Communication equipment manufacturing-2.1-1.99.5
Consumer electronics products1.810.110.4
Electrical equipment manufacturing3.4-5.99.3
Motors, generators, electric transformers, electricity distribution and control equipment-3.78.83.9
Battery and accumulator manufacturing14.0-61.07.1
Cables, wires and other electronic products3.317.514.3
Household electrical appliances5.07.57.9
Machinery and equipment not elsewhere classified0.0-2.54.4
Other pumps, compressors, taps and valves-2.324.714.0
Lifting, lowering and loading equipment2.3-20.8-3.4
Office machinery and equipment (except computers and computer peripheral equipment)-11.819.1-0.4
Other general machinery manufacturing-17.1-4.25.5
Machines for textile, garment and leather industries-0.637.118.1
Other specialized machines12.9-11.95.2
Motor vehicle manufacturing3.529.510.8
Motor vehicle manufacturing4.545.87.1
Spare parts and accessories for motor vehicles and motor vehicle engines2.213.415.2
Other means of transport-4.523.04.0
Motorcycle manufacturing-4.523.04.0
Beds, cabinets, tables, chairs2.425.621.6
Beds, cabinets, tables, chairs2.425.621.6
Other processing and manufacturing industries2.510.34.8
Toy and game manufacturing7.8-1.6-0.6
Medical, dental, orthopaedic and rehabilitation equipment and instruments-0.115.09.4
Other manufacturing not elsewhere classified1.115.94.9
Repair, maintenance and installation of machinery and equipment11.8-1.7-3.4
Repair of machinery and equipment34.63.8-10.2
Repair and maintenance of transport (except cars, motorbikes, scooters and other motor vehicles)-9.020.918.7
Installation of industrial machinery and equipment6.0-22.9-9.6
Electricity, gas, hot water, steam and air conditioning2.18.911.6
Electricity generation, transmission and distribution2.18.911.6
Water supply; waste and wastewater management-0.112.67.8
Water exploitation, treatment and supply2.24.05.4
Water exploitation, treatment and supply2.24.05.4
Drainage and wastewater treatment-0.47.46.9
Drainage and wastewater treatment-0.47.46.9
Waste collection, treatment and disposal activities; scrap recycling-2.826.311.2
Non-hazardous waste collection-0.512.510.3
Scrap recycling-6.358.112.6

Source: General Office of Statistics


July

Vietnam’s Industrial Production Index hit 11.2 points in the twelve months to July of 2024. This is the fourth consecutive month that an increase has been recorded.

The biggest gains were in: repair and maintenance of transport (except cars, motorbikes, motorbikes and other motor vehicles), manufacturing machines for the textile, garment and leather industries, and the manufacture of motor vehicles. Conversely the biggest falls were in: production of batteries and accumulators, natural gas exploitation, and production of toys and games.

Vietnam Industrial Production Index by industry, July 2024

Industry
Vs average month, base year 2015
July 24 vs June 24
July 24 vs July 23
Jan-Jul 2024 vs Jan-Jul 2023
JanuaryFebruaryMarchAprilMayJuneJuly
Totals56.028.355.558.365.168.469.50.711.28.5
Extractive-24.7-35.1-20.5-22.1-22.2-27.0-27.9-1.2-7.0-6.2
Mining hard coal and lignite40.85.748.143.652.834.830.8-2.9-4.3-1.3
Mining and collecting hard coal40.85.748.143.652.834.830.8-2.9-4.3-1.3
Exploitation of crude oil and natural gas-44.3-48.1-40.7-42.0-43.6-46.9-47.2-0.6-12.3-12.4
Crude oil exploitation-49.5-52.9-48.8-51.0-53.1-52.8-52.50.6-8.9-7.1
Natural gas exploitation-37.8-42.1-30.4-30.7-31.6-39.5-40.6-1.8-15.5-16.9
Mining metal ores-17.8-27.2-6.2-11.1-4.0-10.4-8.12.58.715.0
Iron ore mining-83.6-85.7-78.7-77.3-78.0-80.0-77.512.7-5.3-31.3
Mining other metal ores that do not contain iron7.2-4.921.414.124.216.118.31.99.920.3
Other mining47.18.844.152.252.744.946.31.01.52.1
Exploitation of stone, sand, gravel and clay47.18.844.152.252.744.946.31.01.52.1
Mining and ore mining support service activities-10.2-15.6-0.2-8.7-16.2-1.7-6.0-4.413.617.2
Service activities supporting crude oil and natural gas exploitation-10.2-15.6-0.2-8.7-16.2-1.7-6.0-4.413.617.2
Manufacturing and processing industry68.136.664.767.675.681.082.10.613.39.5
Food production and processing21.9-0.720.623.630.834.738.42.713.47.4
Processing and preserving aquatic products and aquatic products16.0-4.418.719.825.737.942.23.121.48.0
Processing and preserving fruits and vegetables90.334.973.189.6112.3130.1135.42.318.117.4
Processing milk and dairy products22.59.633.231.437.536.938.91.57.64.9
Milling and producing raw flour-46.7-50.5-36.0-36.3-28.7-37.3-34.64.45.06.1
Other food production not classified elsewhere44.416.749.649.246.651.054.12.12.90.5
Producing animal feed, poultry and aquatic products23.71.613.617.523.621.825.53.111.75.6
Beverage production59.827.353.447.856.356.453.4-1.92.40.8
Producing beer and fermenting malt78.843.061.060.266.470.168.1-1.2-5.4-3.5
Production of non-alcoholic beverages and mineral water37.89.244.733.544.740.536.4-2.915.97.4
Production of tobacco products70.933.273.571.871.569.072.11.84.97.1
Production of tobacco products70.933.273.571.871.569.072.11.84.97.1
Textile45.414.447.544.349.152.256.12.610.712.4
Yarn making78.740.379.876.282.385.689.72.210.613.4
Production of woven fabrics-6.5-19.93.4-1.62.34.611.36.412.611.3
Production of ready-made garments (except costumes)-43.4-60.9-44.5-44.3-44.0-41.7-41.10.98.81.2
Production of costumes41.39.639.139.044.349.054.23.59.86.2
Sewing costumes (except costumes made from fur)41.39.639.139.044.349.054.23.59.86.2
Manufacture of leather and related products68.524.262.766.979.778.385.23.817.09.8
Producing shoes68.524.262.766.979.778.385.23.817.09.8
Wood processing and production of products from wood, bamboo (except beds, cabinets, tables, chairs); manufacturing products from straw and plaiting materials2.5-31.83.36.29.810.512.51.84.210.9
Sawing, sawing, planing wood and preserving wood-0.7-34.43.17.69.19.39.90.6-3.48.0
Production of plywood, veneer, plywood and other thin boards8.4-26.93.73.411.112.717.24.021.016.5
Production of paper and paper products48.112.250.451.156.052.255.11.92.98.3
Production of wrinkled paper, wrinkled cardboard, packaging from paper and cardboard26.6-7.523.121.124.926.929.72.2-4.53.7
Production of other products from paper and cardboard not classified elsewhere86.046.998.6104.2110.997.0100.01.512.913.9
Print and copy records of all types109.358.999.097.3108.9112.5116.51.95.610.2
Printing156.198.1139.9150.7161.6167.2172.42.02.26.7
Services related to printing21.0-15.021.9-3.49.79.411.21.624.328.4
Production of coke and refined petroleum products190.3184.9122.093.4192.1206.5211.81.718.08.6
Production of coke-100.0-100.0-100.0-100.0-100.0-100.0-100.01.81.47.9
Production of refined petroleum products182.5178.1114.486.0184.6198.9204.01.718.58.6
Production of chemicals and chemical products73.435.331.230.436.541.942.60.59.017.3
Production of fertilizers and nitrogen compounds3.30.42.110.314.113.47.8-5.0-0.313.1
Production of plastic and synthetic rubber in primary forms505.6337.8184.0180.6194.1231.5243.43.66.123.6
Production of paints, varnishes and similar paints and coatings; production of printing ink and mastics-19.4-40.6-22.4-27.6-25.0-21.2-20.50.94.613.1
Production of cosmetics, soaps, detergents, polishes and hygiene products42.114.348.743.952.354.056.01.326.718.3
Manufacture of other unclassified chemical products-7.0-35.0-0.3-4.41.1-3.3-2.11.311.69.0
Production of drugs, pharmaceutical chemicals and medicinal materials82.420.850.649.758.445.346.10.617.19.6
Production of drugs, pharmaceutical chemicals and medicinal materials82.420.850.649.758.445.346.10.617.19.6
Manufacture of products from rubber and plastic58.412.453.157.567.866.171.03.026.228.7
Manufacture of products from plastic58.412.453.157.567.866.171.03.026.228.7
Manufacture of products from other non-metallic minerals60.826.981.487.478.973.174.00.53.6-1.8
Production of construction materials from clay-23.1-42.2-15.7-1.43.0-0.2-0.5-0.38.5-1.1
Producing cement, lime, and plaster114.074.1148.4151.7133.3123.8127.91.83.0-2.4
Production of concrete and products from cement and plaster-4.0-43.0-19.1-19.3-9.5-3.3-14.8-11.9-0.93.7
Metal production233.1208.9233.0241.1270.5274.2292.34.812.512.8
Producing iron, steel, and cast iron233.1208.9233.0241.1270.5274.2292.34.812.512.8
Manufacture of products from prefabricated metal (except machinery and equipment)46.629.668.472.689.585.888.21.313.313.0
Production of metal structures63.759.1119.2122.8153.9151.7153.70.816.014.9
Mechanical; Metal treatment and coating85.457.481.894.999.897.099.61.311.05.5
Manufacture of other uncategorized metal products13.8-12.48.710.216.510.713.52.58.713.8
Manufacture of electronic products, computers and optical products101.172.7101.2109.5111.7132.9122.6-4.515.311.1
Production of electronic components284.2211.4230.7302.5270.3238.2243.51.618.710.3
Production of communication equipment63.644.571.469.977.9108.993.4-7.413.911.4
Producing consumer electronic products226.9164.1237.0240.9239.5241.2268.88.119.210.1
Manufacture of electrical equipment28.412.038.436.642.126.623.7-2.3-10.512.5
Manufacture of motors, generators, electrical transformers, electrical distribution and control equipment-14.0-36.6-7.6-8.3-8.0-12.2-15.4-3.6-4.80.5
Production of batteries and accumulators67.599.9126.1102.986.410.5-16.7-24.6-65.523.3
Manufacture of cables, wires and other electronics17.6-7.013.016.419.316.418.51.819.717.0
Production of household electrical appliances83.248.687.192.0133.4128.5137.94.112.57.4
Production of machinery and equipment has not been classified elsewhere75.522.460.567.465.067.566.3-0.711.44.7
Manufacture of pumps, compressors, faucets and other valves43.77.853.551.555.857.256.5-0.420.711.9
Manufacture of lifting, lowering and loading equipment20.8-25.842.163.920.553.233.4-12.914.1-1.4
Manufacture of machinery and office equipment (except computers and computer peripherals)-16.2-36.8-12.9-12.3-4.41.7-4.5-6.02.8-6.3
Manufacture of other common machines12.6-21.555.751.994.474.451.0-13.419.27.1
Manufacturing machines for the textile, garment and leather industries-12.9-36.75.710.521.727.037.38.138.616.1
Manufacture of other specialized machines548.5347.5330.0348.3320.8289.8337.712.34.48.4
Manufacture of motor vehicles92.537.698.699.8105.8103.8107.61.925.66.4
Manufacture of motor vehicles61.65.071.282.075.581.279.9-0.833.9-0.2
Manufacture of spare parts and accessories for motor vehicles and vehicle engines140.888.5141.6127.6153.0139.1150.95.017.414.8
Manufacture of other means of transport6.7-32.00.53.64.63.718.814.532.41.6
Manufacture of motorbikes and motorbikes6.7-32.00.53.64.63.718.814.532.41.6
Production of beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.7-2.114.732.421.5
Production of beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.7-2.114.732.421.5
Other processing and manufacturing industries46.55.834.835.939.750.152.71.74.43.2
Production of toys and games112.433.571.059.565.685.287.11.0-13.9-2.7
Manufacture of medical, dental, orthopedic and rehabilitation equipment and instruments48.226.934.338.844.049.555.03.714.68.6
Other production not yet classified20.5-17.421.325.227.237.138.10.810.02.9
Repair, maintenance and installation of machinery and equipment-21.9-43.1-32.9-23.2-13.2-9.0-5.83.526.0-2.9
Repair of machinery and equipment33.724.119.159.170.545.857.27.86.9-12.2
Repair and maintenance of means of transport (except cars, motorbikes, motorbikes and other motor vehicles)-41.4-66.5-53.7-53.0-39.7-13.5-13.9-0.562.520.0
Installation of machinery and industrial equipment-34.4-58.5-42.4-40.9-34.8-34.8-32.83.121.6-6.1
Production and distribution of electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1131.0136.22.39.912.4
Production and distribution of electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1131.0136.22.39.912.4
Production, transmission and distribution of electricity97.967.8112.4121.5132.1131.0136.22.39.912.4
Water supply; waste and wastewater management and treatment activities56.547.663.169.268.675.176.20.612.17.2
Water exploitation, treatment and supply53.049.253.064.264.264.465.60.78.16.2
Water exploitation, treatment and supply53.049.253.064.264.264.465.60.78.16.2
Drainage and wastewater treatment33.78.421.029.735.952.045.9-4.011.26.7
Drainage and wastewater treatment33.78.421.029.735.952.045.9-4.011.26.7
Waste collection, treatment and destruction activities; scrap recycling66.653.887.485.582.396.198.61.317.68.7
Collection of non-hazardous waste46.741.948.855.667.775.276.10.511.110.2
Scrap recycling115.683.3182.4159.2118.3147.4154.02.630.66.3

Source: General Office of Statistics


June

Vietnam’s Industrial Production Index recorded a gain of 10.9 points in the twelve months to June of 2024. This is the fourth consecutive month that an increase has been recorded.

The biggest gains were in: services related to printing, rubber and plastic goods manufacturing, and plastic goods manufacturing. Conversely the biggest falls were in: production of batteries and accumulators, natural gas exploitation, and production of toys and games.

Vietnam Industrial Production Index by industry, June 2024

IndustryJanuaryFebruaryMarchAprilMayJuneJune 2024 vs May 2024June 2024 vs June 2023Jan-Jun 2024 vs Jan-Jun 2023
Total56.028.355.558.365.166.20.710.97.7
Extractive-24.7-35.1-20.5-22.1-22.2-24.2-2.6-7.7-5.5
Mining hard coal and lignite40.85.748.143.652.841.4-7.51.30.0
Mining and collecting hard coal40.85.748.143.652.841.4-7.51.30.0
Exploitation of crude oil and natural gas-44.3-48.1-40.7-42.0-43.6-44.3-1.4-15.3-11.7
Crude oil exploitation-49.5-52.9-48.8-51.0-53.1-52.21.9-10.8-6.7
Natural gas exploitation-37.8-42.1-30.4-30.7-31.6-34.4-4.2-19.0-16.0
Mining metal ores-17.8-27.2-6.2-11.1-4.0-7.8-4.01.116.7
Iron ore mining-83.6-85.7-78.7-77.3-78.0-77.81.1-14.9-33.5
Mining other metal ores that do not contain iron7.2-4.921.414.124.218.8-4.32.422.8
Other mining47.18.844.152.252.745.2-4.9-0.82.2
Exploitation of stone, sand, gravel and clay47.18.844.152.252.745.2-4.9-0.82.2
Mining and ore mining support service activities-10.2-15.6-0.2-8.7-16.2-3.814.720.817.4
Service activities supporting crude oil and natural gas exploitation-10.2-15.6-0.2-8.7-16.2-3.814.720.817.4
Manufacturing and processing industry68.136.664.767.675.677.31.012.68.5
Food production and processing21.9-0.720.623.630.836.14.010.46.5
Processing and preserving aquatic products and aquatic products16.0-4.418.719.825.736.08.111.45.3
Processing and preserving fruits and vegetables90.334.973.189.6112.3119.03.114.216.2
Processing milk and dairy products22.59.633.231.437.541.12.613.55.0
Milling and producing raw flour-46.7-50.5-36.0-36.3-28.7-29.2-0.8-0.98.7
Other food production not classified elsewhere44.416.749.649.246.649.72.21.9-0.1
Producing animal feed, poultry and aquatic products23.71.613.617.523.627.73.312.45.5
Beverage production59.827.353.447.856.356.0-0.21.70.5
Producing beer and fermenting malt78.843.061.060.266.462.8-2.2-8.8-3.9
Production of non-alcoholic beverages and mineral water37.89.244.733.544.748.12.419.27.0
Production of tobacco products70.933.273.571.871.566.3-3.10.57.2
Production of tobacco products70.933.273.571.871.566.3-3.10.57.2
Textile45.414.447.544.349.151.81.811.412.6
Yarn making78.740.379.876.282.385.51.813.313.9
Production of woven fabrics-6.5-19.93.4-1.62.33.51.22.210.9
Production of ready-made garments (except costumes)-43.4-60.9-44.5-44.3-44.0-42.52.74.1-0.4
Production of costumes41.39.639.139.044.350.04.07.05.7
Sewing costumes (except costumes made from fur)41.39.639.139.044.350.04.07.05.7
Manufacture of leather and related products68.524.262.766.979.783.21.915.49.1
Producing shoes68.524.262.766.979.783.21.915.49.1
Wood processing and production of products from wood, bamboo (except beds, cabinets, tables, chairs); manufacturing products from straw and plaiting materials2.5-31.83.36.29.810.81.014.812.3
Sawing, sawing, planing wood and preserving wood-0.7-34.43.17.69.18.2-0.813.510.2
Production of plywood, veneer, plywood and other thin boards8.4-26.93.73.411.115.74.117.016.3
Production of paper and paper products48.112.250.451.156.056.20.212.29.8
Production of wrinkled paper, wrinkled cardboard, packaging from paper and cardboard26.6-7.523.121.124.928.73.16.65.6
Production of other products from paper and cardboard not classified elsewhere86.046.998.6104.2110.9104.9-2.819.214.9
Print and copy records of all types109.358.999.097.3108.9112.51.78.411.0
Printing156.198.1139.9150.7161.6166.11.73.77.5
Services related to printing21.0-15.021.9-3.49.711.51.636.529.5
Production of coke and refined petroleum products190.3184.9122.093.4192.1203.74.013.06.7
Production of coke-100.0-100.0-100.0-100.0-100.0-100.0-0.84.08.7
Production of refined petroleum products182.5178.1114.486.0184.6196.34.113.26.6
Production of chemicals and chemical products73.435.331.230.436.539.42.19.718.5
Production of fertilizers and nitrogen compounds3.30.42.110.314.18.3-5.13.914.8
Production of plastic and synthetic rubber in primary forms505.6337.8184.0180.6194.1214.87.00.525.9
Manufacture of paints, varnishes and similar paints and coatings; production of printing ink and mastics-19.4-40.6-22.4-27.6-25.0-21.54.617.514.7
Production of cosmetics, soaps, detergents, polishes and hygiene products42.114.348.743.952.357.53.426.017.4
Manufacture of other unclassified chemical products-7.0-35.0-0.3-4.41.10.8-0.311.39.4
Production of drugs, pharmaceutical chemicals and medicinal materials82.420.850.649.758.465.74.612.310.9
Production of drugs, pharmaceutical chemicals and medicinal materials82.420.850.649.758.465.74.612.310.9
Manufacture of products from rubber and plastic58.412.453.157.567.864.8-1.834.129.0
Manufacture of products from plastic58.412.453.157.567.864.8-1.834.129.0
Manufacture of products from other non-metallic minerals60.826.981.487.478.983.42.55.6-1.7
Production of construction materials from clay-23.1-42.2-15.7-1.43.06.53.49.9-1.4
Producing cement, lime, and plaster114.074.1148.4151.7133.3140.02.86.2-2.1
Production of concrete and products from cement and plaster-4.0-43.0-19.1-19.3-9.5-13.1-4.0-10.12.4
Metal production233.1208.9233.0241.1270.5268.4-0.611.912.6
Producing iron, steel, and cast iron233.1208.9233.0241.1270.5268.4-0.611.912.6
Manufacture of products from prefabricated metal (except machinery and equipment)46.629.668.472.689.587.5-1.118.113.1
Production of metal structures63.759.1119.2122.8153.9146.5-2.915.914.3
Mechanical; Metal treatment and coating85.457.481.894.999.8108.54.316.95.6
Manufacture of other uncategorized metal products13.8-12.48.710.216.516.2-0.224.115.7
Manufacture of electronic products, computers and optical products101.172.7101.2109.5111.7113.50.820.38.6
Production of electronic components284.2211.4230.7302.5270.3236.4-9.223.18.9
Production of communication equipment63.644.571.469.977.986.24.720.68.6
Producing consumer electronic products226.9164.1237.0240.9239.5227.1-3.711.27.8
Manufacture of electrical equipment28.412.038.436.642.130.3-8.3-6.517.8
Manufacture of motors, generators, electrical transformers, electrical distribution and control equipment-14.0-36.6-7.6-8.3-8.0-14.0-6.5-1.11.0
Production of batteries and accumulators67.599.9126.1102.986.426.0-32.4-49.355.6
Manufacture of cables, wires and other electronics17.6-7.013.016.419.318.0-1.120.616.8
Production of household electrical appliances83.248.687.192.0133.4134.40.48.07.0
Production of machinery and equipment has not been classified elsewhere75.522.460.567.465.069.62.84.03.3
Manufacture of pumps, compressors, faucets and other valves43.77.853.551.555.853.5-1.514.210.0
Manufacture of lifting, lowering and loading equipment20.8-25.842.163.920.544.820.20.0-6.8
Manufacture of machinery and office equipment (except computers and computer peripherals)-16.2-36.8-12.9-12.3-4.41.36.02.7-7.9
Manufacture of other common machines12.6-21.555.751.994.475.3-9.88.25.4
Manufacturing machines for the textile, garment and leather industries-12.9-36.75.710.521.723.71.727.511.4
Manufacture of other specialized machines548.5347.5330.0348.3320.8323.50.6-2.110.3
Manufacture of motor vehicles92.537.698.699.8105.899.5-3.1-2.23.2
Manufacture of motor vehicles61.65.071.282.075.572.5-1.7-12.1-5.5
Manufacture of spare parts and accessories for motor vehicles and vehicle engines140.888.5141.6127.6153.0141.7-4.511.914.6
Manufacture of other means of transport6.7-32.00.53.64.63.6-1.010.4-3.0
Manufacture of motorbikes and motorbikes6.7-32.00.53.64.63.6-1.010.4-3.0
Production of beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.70.519.319.8
Production of beds, cabinets, tables, chairs13.6-31.1-7.0-3.4-15.2-14.70.519.319.8
Other processing and manufacturing industries46.55.834.835.939.748.05.90.22.7
Production of toys and games112.433.571.059.565.674.45.3-15.6-1.4
Manufacture of medical, dental, orthopedic and rehabilitation equipment and instruments48.226.934.338.844.049.73.96.57.6
Other production not yet classified20.5-17.421.325.227.236.87.65.61.6
Repair, maintenance and installation of machinery and equipment-21.9-43.1-32.9-23.2-13.2-18.8-6.4-2.6-9.2
Repair of machinery and equipment33.724.119.159.170.553.7-9.9-4.3-14.2
Repair and maintenance of means of transport (except cars, motorbikes, motorbikes and other motor vehicles)-41.4-66.5-53.7-53.0-39.7-43.5-6.3-1.32.2
Installation of machinery and industrial equipment-34.4-58.5-42.4-40.9-34.8-35.8-1.5-1.4-10.2
Production and distribution of electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1132.90.313.713.0
Production and distribution of electricity, gas, hot water, steam and air conditioning97.967.8112.4121.5132.1132.90.313.713.0
Production, transmission and distribution of electricity97.967.8112.4121.5132.1132.90.313.713.0
Water supply; waste and wastewater management and treatment activities56.547.663.169.268.673.83.18.06.3
Water exploitation, treatment and supply53.049.253.064.264.268.02.36.86.3
Water exploitation, treatment and supply53.049.253.064.264.268.02.36.86.3
Drainage and wastewater treatment33.78.421.029.735.943.35.41.84.7
Drainage and wastewater treatment33.78.421.029.735.943.35.41.84.7
Waste collection, treatment and destruction activities; scrap recycling66.653.887.485.582.389.23.810.86.5
Collection of non-hazardous waste46.741.948.855.667.770.51.78.49.5
Scrap recycling115.683.3182.4159.2118.3135.17.715.52.0

Source: General Office of Statistics


May 2024

Vietnam’s Industrial Production Index recorded a gain of 8.9 points in the twelve months to May of 2024. By the same metric, services related to printing, mining other metal ores that do not contain iron, and production of batteries and accumulators recorded the biggest increases. Conversely, natural gas exploitation, exploitation of crude oil and natural gas, crude oil exploitation saw the biggest falls.

Vietnam Industrial Production Index by industry, May 2024

IndustryMay 2024 vs April 2024May 2024 vs May 2023Jan-May 2024 vs Jan-May 2023
The whole industry6.18.96.8
Extractive-1.0-9.4-5.2
Mining hard coal and lignite2.0-3.7-1.3
Mining and collecting hard coal2.0-3.7-1.3
Exploitation of crude oil and natural gas-1.7-17.1-11.0
Crude oil exploitation-1.5-13.1-5.6
Natural gas exploitation-2.0-20.3-15.6
Mining metal ores-1.926.918.2
Iron ore mining0.4-11.3-35.9
Mining other metal ores that do not contain iron-2.831.425.3
Other mining3.17.43.3
Exploitation of stone, sand, gravel and clay3.17.43.3
Mining and ore mining support service activities-3.47.717.8
Service activities supporting crude oil and natural gas exploitation-3.47.717.8
Manufacturing and processing industry6.110.67.3
Food production and processing5.56.15.4
Processing and preserving aquatic products and aquatic products9.98.84.7
Processing and preserving fruits and vegetables-0.37.813.7
Processing milk and dairy products5.44.63.1
Milling and producing raw flour2.213.79.2
Other food production not classified elsewhere5.20.40.6
Producing animal feed, poultry and aquatic products5.34.23.9
Beverage production6.94.40.0
Producing beer and fermenting malt3.1-0.7-3.2
Production of non-alcoholic beverages and mineral water11.411.84.7
Production of tobacco products-4.63.88.1
Textile3.57.912.7
Yarn making4.59.313.9
Production of woven fabrics2.22.312.5
Production of ready-made garments (except costumes)0.41.1-1.3
Production of costumes5.69.45.4
Sewing costumes (except costumes made from fur)5.69.45.4
Manufacture of leather and related products9.69.67.3
Producing shoes9.69.67.3
Wood processing and production of products from wood, bamboo (except beds, cabinets, tables, chairs); manufacturing products from straw and plaiting materials2.023.011.4
Sawing, sawing, planing wood and preserving wood0.325.59.2
Production of plywood, veneer, plywood and other thin boards5.118.415.5
Production of paper and paper products-1.66.28.3
Production of wrinkled paper, wrinkled cardboard, packaging from paper and cardboard-0.40.04.6
Production of other products from paper and cardboard not classified elsewhere-3.713.812.7
Print and copy records of all types6.37.210.9
Printing5.73.17.7
Services related to printing7.531.126.8
Production of coke and refined petroleum products97.88.65.2
Production of coke0.01.79.5
Production of refined petroleum products97.78.85.1
Production of chemicals and chemical products4.16.220.1
Production of fertilizers and nitrogen compounds1.82.216.8
Production of plastic and synthetic rubber in primary forms21.50.131.9
Production of paints, varnishes and similar paints and coatings; production of printing ink and mastics2.017.414.0
Production of cosmetics, soaps, detergents, polishes and hygiene products-1.613.614.0
Manufacture of other unclassified chemical products4.18.68.6
Production of drugs, pharmaceutical chemicals and medicinal materials-9.8-2.77.9
Production of drugs, pharmaceutical chemicals and medicinal materials-9.8-2.77.9
Manufacture of products from rubber and plastic7.024.127.4
Manufacture of products from plastic7.024.127.4
Manufacture of products from other non-metallic minerals4.31.0-1.7
Production of construction materials from clay6.50.8-3.5
Producing cement, lime, and plaster4.02.1-1.7
Production of concrete and products from cement and plaster0.6-12.53.2
Metal production27.06.813.2
Producing iron, steel, and cast iron27.06.813.2
Manufacture of products from prefabricated metal (except machinery and equipment)8.016.410.8
Production of metal structures13.814.712.2
Mechanical; Metal treatment and coating5.219.23.4
Manufacture of other uncategorized metal products2.818.513.3
Manufacture of electronic products, computers and optical products-2.417.45.8
Production of electronic components-8.615.48.0
Production of communication equipment-1.918.94.9
Producing consumer electronic products6.113.47.6
Manufacture of electrical equipment4.219.424.0
Manufacture of motors, generators, electrical transformers, electrical distribution and control equipment1.1-10.61.7
Production of batteries and accumulators10.497.1117.6
Manufacture of cables, wires and other electronics4.017.616.2
Production of household electrical appliances3.63.72.4
Production of machinery and equipment has not been classified elsewhere4.312.64.0
Manufacture of pumps, compressors, faucets and other valves1.213.58.7
Manufacture of lifting, lowering and loading equipment-18.05.3-4.4
Manufacture of machinery and office equipment (except computers and computer peripherals)8.021.0-10.1
Manufacture of other common machines40.615.64.4
Manufacturing machines for the textile, garment and leather industries9.719.17.7
Manufacture of other specialized machines-2.211.113.9
Manufacture of motor vehicles1.17.33.8
Manufacture of motor vehicles-6.43.7-4.0
Manufacture of spare parts and accessories for motor vehicles and vehicle engines12.811.813.9
Manufacture of other means of transport2.8-5.2-5.1
Manufacture of motorbikes and motorbikes2.8-5.2-5.1
Production of beds, cabinets, tables, chairs-12.818.819.6
Production of beds, cabinets, tables, chairs-12.818.819.6
Other processing and manufacturing industries4.95.33.4
Production of toys and games0.0-5.81.4
Manufacture of medical, dental, orthopaedic and rehabilitation equipment and instruments7.29.18.1
Other production not yet classified5.48.71.3
Repair, maintenance and installation of machinery and equipment4.81.9-11.9
Repair of machinery and equipment1.38.9-17.3
Repair and maintenance of means of transport (except cars, motorbikes, motorbikes and other motor vehicles)12.98.12.9
Installation of machinery and industrial equipment-0.8-11.4-14.0
Production and distribution of electricity, gas, hot water, steam and air conditioning8.611.412.7
Production and distribution of electricity, gas, hot water, steam and air conditioning8.611.412.7
Production, transmission and distribution of electricity8.611.412.7
Water supply; waste and wastewater management and treatment activities2.87.46.3
Water exploitation, treatment and supply1.46.56.4
Water exploitation, treatment and supply1.46.56.4
Drainage and wastewater treatment3.610.34.8
Drainage and wastewater treatment3.610.34.8
Waste collection, treatment and destruction activities; scrap recycling4.68.26.3
Collection of non-hazardous waste11.08.89.2
Scrap recycling-11.07.32.2

Source: General Office of Statistics