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

Vietnam’s industrial production index in February fell 2.65 percent compared to January. Notably the Lunar New Year break and a slow return to work afterwards could be an influencing factor though the holiday fell almost entirely in January of this year. February is also a shorter month which might also have influenced the decline. That said, this may speak to the ramifications of US trade policy and general uncertainty about its direction although it might be a little too early to tell. Watch this space.

Vietnam Industrial Production Index by industry, January 2025

*MoM and YoY calculations belong to the GSO

Vs 2015 Baseline
January February MoM % YOY %
Total 58.52 51.32 -2.65 16.66
Extractive -32.90 -39.35 -7.81 -6.05
Mining of hard coal and lignite 12.44 31.55 9.65 24.26
Mining and collection of hard coal 12.44 31.55 9.65 24.26
Crude oil and natural gas extraction -47.94 -59.72 -17.30 -22.38
Crude oil exploitation -53.61 -61.26 -16.53 -17.76
Natural gas extraction -40.78 -57.78 -18.17 -27.14
Metal ore mining -24.50 -25.05 -2.84 2.14
Iron ore mining -78.49 -76.00 11.87 47.90
Mining of other non-ferrous metal ores -4.01 -5.72 -4.05 -0.82
Other mining 28.06 22.15 -5.24 18.80
Quarrying of stone, sand, gravel, clay 28.06 22.15 -5.24 18.80
Mining and quarrying support services activities -16.29 -19.55 -3.87 -4.73
Support services for crude oil and natural gas exploitation -16.29 -19.55 -3.87 -4.73
Processing and manufacturing industry 72.63 66.49 -2.25 19.97
Food processing and manufacturing 23.46 20.18 0.31 17.15
Processing and preserving aquatic products and aquatic products 12.39 8.67 1.40 14.88
Processing and preserving fruits and vegetables 118.36 105.32 -1.26 25.38
Processing of milk and dairy products 26.29 25.41 4.03 14.38
Milling and production of raw flour -39.49 -47.23 -5.58 5.49
Food products not elsewhere classified 33.81 39.53 4.46 19.08
Animal feed, poultry and aquatic products 21.04 19.78 -1.07 16.86
Beverage production 51.27 25.62 -9.50 9.24
Beer and malt production 75.22 46.90 -11.83 13.85
Non-alcoholic beverages, mineral water 23.54 0.97 -5.28 2.26
Tobacco products manufacturing 61.49 48.79 1.20 11.75
Tobacco products manufacturing 61.49 48.79 1.20 11.75
Weaving 56.25 53.53 4.87 30.78
Fiber production 92.83 91.18 6.36 31.42
Woven fabric production -1.18 -6.81 3.05 23.53
Ready-made garments (except apparel) -41.00 -45.32 -10.90 34.45
Garment manufacturing 50.34 44.24 -2.24 29.55
Sewing clothes (except fur clothes) 50.34 44.24 -2.24 29.55
Leather and related products 86.94 81.80 -0.20 42.40
Footwear manufacturing 86.94 81.80 -0.20 42.40
Wood, bamboo and rattan products 7.96 -5.63 -10.43 36.95
Sawing, planing, and preserving wood -0.51 -13.71 -12.90 30.29
Plywood, veneer, laminated wood and other thin boards 23.78 9.45 -6.53 48.10
Paper and paper products 44.32 39.97 3.80 26.03
Corrugated paper, corrugated cardboard, packaging from paper and cardboard 22.78 16.96 4.60 26.52
Other products of paper and paperboard not elsewhere classified 82.37 80.64 2.90 25.47
Print, copy records of all kinds 92.09 89.53 0.55 19.73
Printing 145.89 143.98 0.19 23.27
Printing related services -9.30 -13.09 2.54 3.94
Coke, refined petroleum products 172.78 175.09 -1.08 -3.28
Coke production -100.00 -100.00 -7.93 8.02
Refined petroleum products 165.15 167.81 -0.87 -3.56
Chemicals and chemical products 27.12 31.42 4.14 16.22
Fertilizers and nitrogen compounds 11.53 8.39 0.36 7.16
Plastic and synthetic rubber in primary form 186.29 196.59 -4.82 11.88
Paints, varnishes and similar coatings, printing ink and mastics -20.66 -27.86 3.35 21.17
Cosmetics, soaps, detergents, polishes and toilet preparations 16.08 42.76 23.47 24.40
Other chemical products not elsewhere classified -4.45 -6.59 7.05 32.55
Drugs, pharmaceutical chemicals and pharmaceutical materials 19.55 27.61 6.13 18.12
Drugs, pharmaceutical chemicals and pharmaceutical materials 19.55 27.61 6.13 18.12
Rubber and plastic products 54.65 49.52 -1.66 32.43
Plastic products 54.65 49.52 -1.66 32.43
Other non-metallic mineral products 61.47 44.99 -5.40 19.33
Building materials from clay -19.92 -31.77 -11.68 40.03
Cement, lime, plaster 112.00 92.84 -4.17 14.88
Concrete and products from cement and plaster 3.60 -10.47 -6.40 39.46
Metal production 225.21 216.87 -1.81 2.73
Iron, steel, cast iron 225.21 216.87 -1.81 2.73
Prefabricated metal products (except machinery and equipment) 54.05 54.74 -2.89 15.85
Metal components 96.05 93.53 -3.89 13.81
Mechanical processing; metal treatment and coating 71.72 82.63 -6.60 15.48
Other fabricated metal products not elsewhere classified 2.25 2.56 1.97 20.48
Electronic products, computers and optical products 105.55 96.07 -5.04 15.61
Electronic components manufacturing 216.17 220.55 6.04 18.23
Communication equipment manufacturing 75.67 62.81 -8.68 12.23
Consumer electronics products 286.80 294.75 -0.70 34.50
Electrical equipment manufacturing 38.87 37.37 -1.90 9.64
Motors, generators, electric transformers, electricity distribution and control equipment -20.73 -19.56 -0.11 27.39
Battery and accumulator manufacturing 101.78 60.44 -7.34 -38.34
Cables, wires and other electronic products 25.76 23.94 -2.96 28.27
Household electrical appliances 102.84 137.22 2.60 47.17
Machinery and equipment not elsewhere classified 59.57 52.98 -5.26 24.51
Other pumps, compressors, taps and valves 27.91 35.98 0.76 26.29
Lifting, lowering and loading equipment 23.10 -24.00 -35.46 11.65
Office machinery and equipment (except computers and computer peripheral equipment) -6.54 7.86 -0.13 81.65
Other general machinery manufacturing 12.20 27.20 9.65 67.63
Machines for textile, garment and leather industries -9.04 24.00 13.19 95.12
Other specialized machines 408.69 341.20 -5.87 -6.55
Motor vehicle manufacturing 158.03 136.09 -5.38 76.07
Motor vehicle manufacturing 178.72 126.46 -1.11 134.80
Spare parts and accessories for motor vehicles and motor vehicle engines 125.70 151.12 -10.82 30.20
Other means of transport 68.61 78.79 6.87 33.28
Motorcycle manufacturing 68.61 78.79 6.87 33.28
Beds, cabinets, tables, chairs 21.51 -4.45 -9.69 40.19
Beds, cabinets, tables, chairs 21.51 -4.45 -9.69 40.19
Other processing and manufacturing industries 38.49 53.34 0.39 21.45
Toy and game manufacturing 74.75 71.89 0.81 34.03
Medical, dental, orthopedic and rehabilitation equipment and instruments 57.46 43.03 -8.34 15.80
Other manufacturing not elsewhere classified 13.23 52.50 5.90 19.93
Repair, maintenance and installation of machinery and equipment -29.94 -24.50 -1.48 33.34
Repair of machinery and equipment 35.57 61.84 -4.94 30.68
Repair and maintenance of means of transport (except cars, motorbikes, scooters and other motor vehicles) -45.27 -49.86 -0.02 57.53
Installation of industrial machinery and equipment -51.77 -48.55 3.66 20.98
Production and distribution of electricity, gas, hot water, steam and air conditioning 100.91 82.83 -3.54 9.88
Electricity, gas, hot water, steam and air conditioning 100.91 82.83 -3.54 9.88
Electricity generation, transmission and distribution 100.91 82.83 -3.54 9.88
Water supply; waste and wastewater management and treatment activities 71.08 68.61 4.16 13.92
Water exploitation, treatment and supply 58.27 57.78 2.33 6.09
Water exploitation, treatment and supply 58.27 57.78 2.33 6.09
Drainage and wastewater treatment 33.62 33.88 1.20 18.93
Drainage and wastewater treatment 33.62 33.88 1.20 18.93
Waste collection, treatment and disposal activities; scrap recycling 98.43 92.39 6.96 24.26
Non-hazardous waste collection 56.19 54.42 -1.10 8.20
Scrap recycling 202.36 185.80 19.94 54.80

Source: General Office of Statistics


January

Vietnam’s industrial production index in January recorded a jump of .6 percent compared to the same period last year, driven by growth in key sectors like processing and manufacturing. Notably, the last week of January saw most factories closed for the Lunar New Year, ergo the fall looks to be seasonal.

Vietnam Industrial Production Index by industry, January 2025

*calculations belong to the GSO

Jan 2025 Dec 2024 Jan vs Dec* Jan 2024 Jan 24 vs 25*
Total 58.5 75.2 -9.16 56.0 0.6
Extractive -32.9 -28.4 -9.1 -24.7 -10.4
Mining of hard coal and lignite 12.4 14.8 -4.2 40.8 -20.1
Mining and collection of hard coal 12.4 14.8 -4.2 40.8 -20.1
Crude oil and natural gas extraction -47.9 -46.4 -6.9 -44.3 -6.5
Crude oil exploitation -53.6 -52.3 -5.6 -49.5 -8.2
Natural gas extraction -40.8 -38.9 -8.1 -37.8 -4.8
Metal ore mining -24.5 -11.3 0.0 -17.8 -8.4
Iron ore mining -78.5 -75.4 -15.5 -83.6 26.1
Mining of other non-ferrous metal ores -4.0 13.0 1.6 7.2 -10.4
Other mining 28.1 48.8 -13.7 47.1 -9.0
Quarrying of stone, sand, gravel, clay 28.1 48.8 -13.7 47.1 -9.0
Mining and quarrying support services activities -16.3 14.9 -31.5 -10.2 -6.7
Support services for crude oil and natural gas exploitation -16.3 14.9 -31.5 -10.2 -6.7
Processing and manufacturing industry 72.6 92.8 -10.0 68.1 1.6
Food processing and manufacturing 23.5 37.3 -7.1 21.9 2.1
Processing and preserving aquatic products and aquatic products 12.4 32.7 -8.8 16.0 -1.5
Processing and preserving fruits and vegetables 118.4 140.6 -5.4 90.3 15.4
Processing of milk and dairy products 26.3 40.6 -10.8 22.5 4.8
Milling and production of raw flour -39.5 -36.5 -0.8 -46.7 13.2
Food products not elsewhere classified 33.8 52.6 -9.9 44.4 -7.3
Animal feed, poultry and aquatic products 21.0 29.1 -5.8 23.7 -1.6
Beverage production 51.3 67.8 -10.9 59.8 -0.1
Beer and malt production 75.2 99.3 -12.7 78.8 0.7
Non-alcoholic beverages, mineral water 23.5 31.4 -7.7 37.8 -1.4
Tobacco products manufacturing 61.5 82.3 -10.8 70.9 -5.7
Tobacco products manufacturing 61.5 82.3 -10.8 70.9 -5.7
Weaving 56.3 70.9 -8.3 45.4 4.2
Fiber production 92.8 108.1 -7.8 78.7 3.9
Woven fabric production -1.2 15.1 -8.2 -6.5 7.4
Ready-made garments (except apparel) -41.0 -30.4 -14.7 -43.4 3.8
Garment manufacturing 50.3 67.8 -14.0 41.3 6.1
Sewing clothes (except fur clothes) 50.3 67.8 -14.0 41.3 6.1
Leather and related products 86.9 117.6 -12.1 68.5 10.3
Footwear manufacturing 86.9 117.6 -12.1 68.5 10.3
Wood, bamboo and rattan products 8.0 17.2 -15.1 2.5 -0.6
Sawing, planing, and preserving wood -0.5 13.0 -17.3 -0.7 -7.8
Plywood, veneer, laminated wood and other thin boards 23.8 24.9 -11.7 8.4 12.5
Paper and paper products 44.3 64.3 -12.7 48.1 -3.0
Corrugated paper, corrugated cardboard, packaging from paper and cardboard 22.8 37.9 -11.4 26.6 -2.0
Other products of paper and paperboard not elsewhere classified 82.4 111.0 -14.1 86.0 -4.1
Print, copy records of all kinds 92.1 132.1 -14.3 109.3 -7.9
Printing 145.9 193.7 -15.4 156.1 -4.4
Printing related services -9.3 15.9 -8.1 21.0 -22.4
Coke, refined petroleum products 172.8 162.4 4.6 190.3 -5.8
Coke production -100.0 -100.0 -2.0 -100.0 -1.2
Refined petroleum products 165.2 154.8 4.8 182.5 -6.0
Chemicals and chemical products 27.1 35.8 -10.2 73.4 -8.4
Fertilizers and nitrogen compounds 11.5 3.1 -1.1 3.3 6.3
Plastic and synthetic rubber in primary form 186.3 206.9 -6.6 505.6 -16.0
Paints, varnishes and similar coatings, printing ink and mastics -20.7 -5.3 -15.3 -19.4 -2.3
Cosmetics, soaps, detergents, polishes and toilet preparations 16.1 28.8 -17.3 42.1 -18.3
Other chemical products not elsewhere classified -4.5 12.5 -18.4 -7.0 -2.4
Drugs, pharmaceutical chemicals and pharmaceutical materials 19.6 38.3 -1.2 82.4 -29.1
Drugs, pharmaceutical chemicals and pharmaceutical materials 19.6 38.3 -1.2 82.4 -29.1
Rubber and plastic products 54.7 83.6 -13.2 58.4 -2.2
Plastic products 54.7 83.6 -13.2 58.4 -2.2
Other non-metallic mineral products 61.5 94.0 -19.2 60.8 3.5
Building materials from clay -19.9 -4.9 -20.6 -23.1 6.5
Cement, lime, plaster 112.0 155.5 -17.5 114.0 3.9
Concrete and products from cement and plaster 3.6 22.6 -31.3 -4.0 -5.5
Metal production 225.2 260.3 -11.4 233.1 -2.1
Iron, steel, cast iron 225.2 260.2 -11.4 233.1 -2.1
Prefabricated metal products (except machinery and equipment) 54.1 80.4 -14.2 46.6 -1.0
Metal components 96.1 128.6 -14.7 63.7 4.7
Mechanical processing; metal treatment and coating 71.7 101.1 -9.0 85.4 -3.4
Other fabricated metal products not elsewhere classified 2.3 20.8 -16.0 13.8 -9.7
Electronic products, computers and optical products 105.6 130.7 -9.8 101.1 3.8
Electronic components manufacturing 216.2 278.2 -15.0 284.2 -5.5
Communication equipment manufacturing 75.7 96.6 -7.7 63.6 5.9
Consumer electronics products 286.8 288.9 -12.9 226.9 9.7
Electrical equipment manufacturing 38.9 81.6 -21.7 28.4 -11.5
Motors, generators, electric transformers, electricity distribution and control equipment -20.7 -7.4 -16.7 -14.0 -8.1
Battery and accumulator manufacturing 101.8 250.5 -35.8 67.5 -29.2
Cables, wires and other electronic products 25.8 33.1 -11.1 17.6 0.9
Household electrical appliances 102.8 175.5 -22.1 83.2 -8.7
Machinery and equipment not elsewhere classified 59.6 106.2 -26.6 75.5 -9.9
Other pumps, compressors, taps and valves 27.9 51.2 -10.3 43.7 -10.9
Lifting, lowering and loading equipment 23.1 166.4 -54.7 20.8 13.8
Office machinery and equipment (except computers and computer peripheral equipment) -6.5 4.3 -21.5 -16.2 11.6
Other general machinery manufacturing 12.2 32.7 -17.2 12.6 -0.4
Machines for textile, garment and leather industries -9.0 25.0 -29.1 -12.9 4.5
Other specialized machines 408.7 453.5 -14.4 548.5 -25.1
Motor vehicle manufacturing 158.0 212.2 -15.1 92.5 33.8
Motor vehicle manufacturing 178.7 234.2 -13.8 61.6 72.6
Spare parts and accessories for motor vehicles and motor vehicle engines 125.7 178.0 -17.4 140.8 -6.7
Other means of transport 68.6 24.7 40.6 6.7 -3.4
Motorcycle manufacturing 68.6 24.7 40.6 6.7 -3.4
Beds, cabinets, tables, chairs 21.5 24.0 -3.1 13.6 10.6
Beds, cabinets, tables, chairs 21.5 24.0 -3.1 13.6 10.6
Other processing and manufacturing industries 38.5 60.9 -13.4 46.5 -5.3
Toy and game manufacturing 74.8 98.5 -15.4 112.4 -17.8
Medical, dental, orthopedic and rehabilitation equipment and instruments 57.5 84.6 -11.0 48.2 4.9
Other manufacturing not elsewhere classified 13.2 32.3 -14.0 20.5 -4.6
Repair, maintenance and installation of machinery and equipment -29.9 5.3 -42.4 -21.9 -11.6
Repair of machinery and equipment 35.6 152.8 -50.0 33.7 1.8
Repair and maintenance of means of transport (except cars, motorbikes, scooters and other motor vehicles) -45.3 -34.2 -42.3 -41.4 -10.3
Installation of industrial machinery and equipment -51.8 -39.3 -25.2 -34.4 -27.4
Production and distribution of electricity, gas, hot water, steam and air conditioning 100.9 110.0 -3.1 97.9 0.4
Electricity, gas, hot water, steam and air conditioning 100.9 110.0 -3.1 97.9 0.4
Electricity generation, transmission and distribution 100.9 110.0 -3.1 97.9 0.4
Water supply; waste and wastewater management and treatment activities 71.1 85.2 -5.1 56.5 9.2
Water exploitation, treatment and supply 58.3 62.5 -1.1 53.0 3.5
Water exploitation, treatment and supply 58.3 62.5 -1.1 53.0 3.5
Drainage and wastewater treatment 33.6 48.3 -14.2 33.7 -4.9
Drainage and wastewater treatment 33.6 48.3 -14.2 33.7 -4.9
Waste collection, treatment and disposal activities; scrap recycling 98.4 127.0 -8.0 66.6 19.7
Non-hazardous waste collection 56.2 65.3 -7.6 46.7 7.3
Scrap recycling 202.4 279.0 -8.6 115.6 40.2

Source: General Office of Statistics


December

Vietnam’s industrial production index in December recorded a jump of 8.8 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 sizable increase of 10.2 percent, while electricity production and distribution grew by 5.6 percent. Scrap recycling, however, has recorded the biggest rise for the year, up 71.3 percent.

Vietnam Industrial Production Index by industry, December 2024

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Dec 2024 vs Nov 2024 Dec 2024 vs. Dec 2023 Full year 2024 vs 2023
Vietnam’s Industrial Production Index 56.0 28.3 55.5 58.3 65.1 68.4 69.5 71.2 65.3 72.0 73.8 75.2 0.8 8.8 8.3
Extractive -24.7 -35.1 -20.5 -22.1 -22.2 -27.0 -30.0 -32.7 -40.6 -31.1 -29.4 -28.4 1.5 -3.7 -6.5
Mining of hard coal and lignite 40.8 5.7 48.1 43.6 52.8 34.8 23.2 18.3 -11.5 28.0 30.0 14.8 -11.7 -2.6 -5.5
Mining and collection of hard coal 40.8 5.7 48.1 43.6 52.8 34.8 23.2 18.3 -11.5 28.0 30.0 14.8 -11.7 -2.6 -5.5
Crude oil and natural gas extraction -44.3 -48.1 -40.7 -42.0 -43.6 -46.9 -48.0 -50.5 -54.6 -49.8 -49.4 -46.4 6.0 -8.4 -10.9
Crude oil exploitation -49.5 -52.9 -48.8 -51.0 -53.1 -52.8 -53.0 -51.4 -53.9 -52.0 -53.6 -52.3 2.9 -3.8 -6.1
Natural gas extraction -37.8 -42.1 -30.4 -30.7 -31.6 -39.5 -41.6 -49.3 -55.6 -46.9 -44.1 -38.9 9.3 -12.5 -15.4
Metal ore mining -17.8 -27.2 -6.2 -11.1 -4.0 -10.4 -1.0 -16.8 -26.7 -29.2 -11.5 -11.3 0.2 -4.4 14.4
Iron ore mining -83.6 -85.7 -78.7 -77.3 -78.0 -80.0 -75.3 -74.5 -75.0 -76.4 -71.8 -75.4 -12.8 23.5 -11.2
Mining of other non-ferrous metal ores 7.2 -4.9 21.4 14.1 24.2 16.1 27.2 5.1 -8.4 -11.2 11.4 13.0 1.5 -6.2 17.0
Other mining 47.1 8.8 44.1 52.2 52.7 44.9 40.8 45.6 37.3 43.1 45.1 48.8 2.5 2.0 2.9
Quarrying of stone, sand, gravel, clay 47.1 8.8 44.1 52.2 52.7 44.9 40.8 45.6 37.3 43.1 45.1 48.8 2.5 2.0 2.9
Mining and quarrying support services activities -10.2 -15.6 -0.2 -8.7 -16.2 -1.7 -12.0 -16.2 -15.8 -13.7 0.8 14.9 14.0 25.5 10.0
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 -13.7 0.8 14.9 14.0 25.5 10.0
Processing and manufacturing industry 68.1 36.6 64.7 67.6 75.6 81.0 83.2 84.7 82.2 88.4 91.3 92.8 0.8 10.2 9.6
Food processing and manufacturing 21.9 -0.7 20.6 23.6 30.8 34.7 34.3 38.7 34.2 35.7 33.3 37.3 3.0 10.0 7.4
Processing and preserving aquatic products and aquatic products 16.0 -4.4 18.7 19.8 25.7 37.9 39.1 36.6 32.3 36.7 28.6 32.7 3.3 14.2 9.2
Processing and preserving fruits and vegetables 90.3 34.9 73.1 89.6 112.3 130.1 126.5 161.0 152.1 137.1 130.1 140.6 4.5 11.5 15.9
Processing of milk and dairy products 22.5 9.6 33.2 31.4 37.5 36.9 34.7 33.0 34.0 38.6 34.8 40.6 4.3 5.7 3.5
Milling and production of raw flour -46.7 -50.5 -36.0 -36.3 -28.7 -37.3 -34.8 -37.4 -39.2 -38.0 -38.7 -36.5 3.5 12.1 6.2
Food products not elsewhere classified 44.4 16.7 49.6 49.2 46.6 51.0 41.8 46.0 44.8 46.4 51.3 52.6 0.9 4.8 0.6
Animal feed, poultry and aquatic products 23.7 1.6 13.6 17.5 23.6 21.8 23.2 27.7 20.9 24.8 26.4 29.1 2.2 7.2 5.2
Beverage production 59.8 27.3 53.4 47.8 56.3 56.4 45.5 44.7 50.5 54.2 59.9 67.8 4.9 5.9 1.4
Beer and malt production 78.8 43.0 61.0 60.2 66.4 70.1 66.9 63.2 64.9 81.1 89.8 99.3 5.0 8.5 -0.1
Non-alcoholic beverages, mineral water 37.8 9.2 44.7 33.5 44.7 40.5 20.7 23.2 33.7 23.1 25.3 31.4 4.8 1.7 3.7
Tobacco products manufacturing 70.9 33.2 73.5 71.8 71.5 69.0 70.9 79.5 76.4 89.2 82.3 82.3 0.0 5.7 6.4
Tobacco products manufacturing 70.9 33.2 73.5 71.8 71.5 69.0 70.9 79.5 76.4 89.2 82.3 82.3 0.0 5.7 6.4
Weaving 45.4 14.4 47.5 44.3 49.1 52.2 63.3 63.3 60.1 64.1 66.8 70.9 2.5 11.9 12.1
Fiber production 78.7 40.3 79.8 76.2 82.3 85.6 100.7 98.8 95.6 99.8 103.5 108.1 2.3 12.4 12.8
Woven fabric production -6.5 -19.9 3.4 -1.6 2.3 4.6 6.2 12.9 10.9 13.3 10.0 15.1 4.7 15.0 11.7
Ready-made garments (except apparel) -43.4 -60.9 -44.5 -44.3 -44.0 -41.7 -38.0 -36.5 -40.9 -36.0 -31.4 -30.4 1.5 13.9 6.1
Garment manufacturing 41.3 9.6 39.1 39.0 44.3 49.0 63.6 73.2 57.3 57.3 62.0 67.8 3.6 19.6 11.7
Sewing clothes (except fur clothes) 41.3 9.6 39.1 39.0 44.3 49.0 63.6 73.2 57.3 57.3 62.0 67.8 3.6 19.6 11.7
Leather and related products 68.5 24.2 62.7 66.9 79.7 78.3 86.0 89.7 86.2 102.5 113.5 117.6 1.9 23.5 13.7
Footwear manufacturing 68.5 24.2 62.7 66.9 79.7 78.3 86.0 89.7 86.2 102.5 113.5 117.6 1.9 23.5 13.7
Wood, bamboo and rattan products 2.5 -31.8 3.3 6.2 9.8 10.5 13.9 12.3 11.0 16.6 17.4 17.2 -0.2 11.1 9.7
Sawing, planing, and preserving wood -0.7 -34.4 3.1 7.6 9.1 9.3 14.9 17.8 13.2 18.6 15.5 13.0 -2.1 13.3 8.5
Plywood, veneer, laminated wood and other thin boards 8.4 -26.9 3.7 3.4 11.1 12.7 12.0 2.2 7.0 12.9 21.1 24.9 3.1 7.5 12.0
Paper and paper products 48.1 12.2 50.4 51.1 56.0 52.2 58.8 68.5 55.2 62.7 62.2 64.3 1.3 9.7 9.5
Corrugated paper, corrugated cardboard, packaging from paper and cardboard 26.6 -7.5 23.1 21.1 24.9 26.9 37.2 46.3 32.6 37.7 35.4 37.9 1.9 11.3 7.4
Other products of paper and paperboard not elsewhere classified 86.0 46.9 98.6 104.2 110.9 97.0 96.9 107.8 95.1 106.9 109.7 111.0 0.6 7.8 12.1
Print, copy records of all kinds 109.3 58.9 99.0 97.3 108.9 112.5 117.2 113.8 111.0 121.2 130.1 132.1 0.8 13.6 10.5
Printing 156.1 98.1 139.9 150.7 161.6 167.2 169.7 166.2 169.6 180.6 190.4 193.7 1.1 13.3 7.5
Printing related services 21.0 -15.0 21.9 -3.4 9.7 9.4 18.3 14.9 0.5 9.2 16.5 15.9 -0.5 15.2 26.3
Coke, refined petroleum products 190.3 184.9 122.0 93.4 192.1 206.5 211.6 208.6 144.1 154.6 156.4 162.4 2.3 -5.4 12.6
Coke production -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 5.2 5.0 3.9
Refined petroleum products 182.5 178.1 114.4 86.0 184.6 198.9 203.8 200.8 137.1 147.6 149.1 154.8 2.3 -5.7 12.9
Chemicals and chemical products 73.4 35.3 31.2 30.4 36.5 41.9 40.3 44.9 36.3 37.5 35.1 35.8 0.5 -3.2 11.9
Fertilizers and nitrogen compounds 3.3 0.4 2.1 10.3 14.1 13.4 8.6 1.6 -1.7 16.0 16.8 3.1 -11.8 -2.8 10.6
Plastic and synthetic rubber in primary form 505.6 337.8 184.0 180.6 194.1 231.5 241.1 301.0 275.2 217.8 189.5 206.9 6.0 -12.7 17.9
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 -14.8 -10.3 -5.3 5.6 15.0 7.9
Cosmetics, soaps, detergents, polishes and toilet preparations 42.1 14.3 48.7 43.9 52.3 54.0 46.9 40.7 25.5 28.1 24.6 28.8 3.3 -7.4 8.3
Other chemical products not elsewhere classified -7.0 -35.0 -0.3 -4.4 1.1 -3.3 -3.5 -5.6 -8.4 2.5 9.5 12.5 2.7 13.9 8.3
Drugs, pharmaceutical chemicals and pharmaceutical materials 82.4 20.8 50.6 49.7 58.4 45.3 39.5 40.3 37.2 31.1 33.1 38.3 3.9 0.5 7.3
Drugs, pharmaceutical chemicals and pharmaceutical materials 82.4 20.8 50.6 49.7 58.4 45.3 39.5 40.3 37.2 31.1 33.1 38.3 3.9 0.5 7.3
Rubber and plastic products 58.4 12.4 53.1 57.5 67.8 66.1 74.9 74.0 65.9 73.3 73.0 83.6 6.1 20.7 24.9
Plastic products 58.4 12.4 53.1 57.5 67.8 66.1 74.9 74.0 65.9 73.3 73.0 83.6 6.1 20.7 24.9
Other non-metallic mineral products 60.8 26.9 81.4 87.4 78.9 73.1 76.2 82.3 65.2 84.3 90.4 94.0 1.9 4.5 0.9
Building materials from clay -23.1 -42.2 -15.7 -1.4 3.0 -0.2 3.8 3.7 -10.5 -7.6 -2.4 -4.9 -2.5 8.7 3.6
Cement, lime, plaster 114.0 74.1 148.4 151.7 133.3 123.8 124.9 136.4 114.8 146.7 149.1 155.5 2.6 7.9 0.3
Concrete and products from cement and plaster -4.0 -43.0 -19.1 -19.3 -9.5 -3.3 6.9 1.6 -0.9 -6.2 19.4 22.6 2.7 -24.6 2.3
Metal production 233.1 208.9 233.0 241.1 270.5 274.2 281.7 285.2 238.7 239.6 237.2 260.3 6.8 5.6 9.5
Iron, steel, cast iron 233.1 208.9 233.0 241.1 270.5 274.2 281.7 285.2 238.7 239.6 237.2 260.2 6.8 5.6 9.5
Prefabricated metal products (except machinery and equipment) 46.6 29.6 68.4 72.6 89.5 85.8 87.3 85.6 84.8 87.2 74.9 80.4 3.2 5.6 10.8
Metal components 63.7 59.1 119.2 122.8 153.9 151.7 154.3 160.7 150.3 148.8 118.4 128.6 4.7 5.8 12.3
Mechanical processing; metal treatment and coating 85.4 57.4 81.8 94.9 99.8 97.0 96.1 82.9 88.0 92.0 99.6 101.1 0.7 10.4 7.6
Other fabricated metal products not elsewhere classified 13.8 -12.4 8.7 10.2 16.5 10.7 12.0 5.9 13.1 19.1 18.7 20.8 1.7 2.2 9.7
Electronic products, computers and optical products 101.1 72.7 101.2 109.5 111.7 132.9 124.3 117.8 140.1 137.4 140.7 130.7 -4.2 8.0 8.3
Electronic components manufacturing 284.2 211.4 230.7 302.5 270.3 238.2 246.2 256.5 250.9 269.4 309.2 278.2 -7.6 7.8 9.1
Communication equipment manufacturing 63.6 44.5 71.4 69.9 77.9 108.9 94.6 84.5 114.3 108.6 105.4 96.6 -4.3 6.9 7.8
Consumer electronics products 226.9 164.1 237.0 240.9 239.5 241.2 276.3 284.3 260.7 254.3 266.7 288.9 6.1 16.1 10.8
Electrical equipment manufacturing 28.4 12.0 38.4 36.6 42.1 26.6 28.0 44.1 57.9 75.8 80.2 81.6 0.8 13.3 11.9
Motors, generators, electric transformers, electricity distribution and control equipment -14.0 -36.6 -7.6 -8.3 -8.0 -12.2 0.5 -2.2 0.7 -4.6 2.6 -7.4 -9.8 1.3 7.3
Battery and accumulator manufacturing 67.5 99.9 126.1 102.9 86.4 10.5 -28.1 48.2 133.3 217.4 227.8 250.5 6.9 17.7 13.7
Cables, wires and other electronic products 17.6 -7.0 13.0 16.4 19.3 16.4 20.5 22.0 23.0 32.3 33.4 33.1 -0.3 9.7 13.6
Household electrical appliances 83.2 48.6 87.1 92.0 133.4 128.5 145.0 168.0 160.0 170.9 172.6 175.5 1.1 19.9 10.9
Machinery and equipment not elsewhere classified 75.5 22.4 60.5 67.4 65.0 67.5 75.9 80.3 51.7 81.7 84.8 106.2 11.6 -4.9 3.4
Other pumps, compressors, taps and valves 43.7 7.8 53.5 51.5 55.8 57.2 61.5 52.9 40.9 45.2 46.5 51.2 3.2 17.8 14.2
Lifting, lowering and loading equipment 20.8 -25.8 42.1 63.9 20.5 53.2 50.3 54.3 76.9 46.3 33.3 166.4 99.8 -10.2 -2.8
Office machinery and equipment (except computers and computer peripheral equipment) -16.2 -36.8 -12.9 -12.3 -4.4 1.7 17.7 29.7 -14.7 27.2 29.5 4.3 -19.5 -4.6 10.5
Other general machinery manufacturing 12.6 -21.5 55.7 51.9 94.4 74.4 47.7 22.8 8.3 30.7 32.9 32.7 -0.2 19.5 8.2
Machines for textile, garment and leather industries -12.9 -36.7 5.7 10.5 21.7 27.0 32.4 30.1 32.5 23.5 27.7 25.0 -2.2 57.5 30.5
Other specialized machines 548.5 347.5 330.0 348.3 320.8 289.8 335.1 365.2 244.4 397.4 426.7 453.5 5.1 -15.8 -4.8
Motor vehicle manufacturing 92.5 37.6 98.6 99.8 105.8 103.8 128.1 143.1 140.5 197.3 228.0 212.2 -4.8 37.8 21.1
Motor vehicle manufacturing 61.6 5.0 71.2 82.0 75.5 81.2 107.0 128.6 141.8 218.0 264.1 234.2 -8.2 53.2 26.9
Spare parts and accessories for motor vehicles and motor vehicle engines 140.8 88.5 141.6 127.6 153.0 139.1 161.0 165.8 138.5 164.9 171.7 178.0 2.3 17.4 14.0
Other means of transport 6.7 -32.0 0.5 3.6 4.6 3.7 17.8 10.9 -3.5 7.3 12.8 24.7 10.6 26.7 4.7
Motorcycle manufacturing 6.7 -32.0 0.5 3.6 4.6 3.7 17.8 10.9 -3.5 7.3 12.8 24.7 10.6 26.7 4.7
Beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -4.9 5.1 6.9 10.5 21.6 24.0 2.0 14.5 23.8
Beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -4.9 5.1 6.9 10.5 21.6 24.0 2.0 14.5 23.8
Other processing and manufacturing industries 46.5 5.8 34.8 35.9 39.7 50.1 59.6 60.3 51.3 61.6 56.9 60.9 2.6 7.2 5.3
Toy and game manufacturing 112.4 33.5 71.0 59.5 65.6 85.2 116.0 133.3 119.8 118.7 105.1 98.5 -3.2 -6.8 -1.6
Medical, dental, orthopedic and rehabilitation equipment and instruments 48.2 26.9 34.3 38.8 44.0 49.5 54.9 55.3 52.1 64.6 69.6 84.6 8.8 16.5 9.2
Other manufacturing not elsewhere classified 20.5 -17.4 21.3 25.2 27.2 37.1 40.9 35.5 24.8 38.0 30.8 32.3 1.2 9.3 6.8
Repair, maintenance and installation of machinery and equipment -21.9 -43.1 -32.9 -23.2 -13.2 -9.0 -10.7 1.7 -16.4 3.8 2.6 5.3 2.7 -26.7 -5.1
Repair of machinery and equipment 33.7 24.1 19.1 59.1 70.5 45.8 52.2 64.8 42.4 115.6 140.7 152.8 5.0 -24.7 -10.7
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 -19.8 4.8 -30.8 -22.7 -31.2 -34.2 -4.3 -41.1 11.1
Installation of industrial machinery and equipment -34.4 -58.5 -42.4 -40.9 -34.8 -34.8 -36.8 -35.7 -35.3 -33.0 -42.2 -39.3 4.9 -10.1 -9.7
Production and distribution of electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 110.0 116.7 109.4 110.0 0.3 5.6 9.5
Electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 110.0 116.7 109.4 110.0 0.3 5.6 9.5
Electricity generation, transmission and distribution 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 110.0 116.7 109.4 110.0 0.3 5.6 9.5
Water supply; waste and wastewater management and treatment activities 56.5 47.6 63.1 69.2 68.6 75.1 74.7 92.3 80.0 78.9 83.9 85.2 0.7 16.4 10.7
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 59.3 62.3 61.2 57.8 61.2 62.5 0.8 6.9 5.1
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 59.3 62.3 61.2 57.8 61.2 62.5 0.8 6.9 5.1
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 46.4 47.9 51.8 48.8 45.4 48.3 2.0 6.3 7.0
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 46.4 47.9 51.8 48.8 45.4 48.3 2.0 6.3 7.0
Waste collection, treatment and disposal activities; scrap recycling 66.6 53.8 87.4 85.5 82.3 96.1 103.8 146.7 114.3 116.9 126.3 127.0 0.3 30.4 18.8
Non-hazardous waste collection 46.7 41.9 48.8 55.6 67.7 75.2 73.9 73.5 68.2 55.4 58.2 65.3 4.5 6.7 9.6
Scrap recycling 115.6 83.3 182.4 159.2 118.3 147.4 177.3 326.5 227.6 268.1 293.9 279.0 -3.8 71.3 33.8

Source: General Office of Statistics


October

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

January February March April May June July August September October Oct 2024 vs Sep 2024 October 2024 vs. Oct 2023 Jan-Oct 2024 vs. Jan-Oct 2023
Industry-wide 56.0 28.3 55.5 58.3 65.1 68.4 69.5 71.2 65.3 71.9 4.0 7.0 8.3
Machines for textile, garment and leather industries -12.9 -36.7 5.7 10.5 21.7 27.0 32.4 30.1 32.5 32.1 -0.3 85.7 26.9
Office machinery and equipment (except computers and computer peripheral equipment) -16.2 -36.8 -12.9 -12.3 -4.4 1.7 17.7 29.7 -14.7 32.2 55.0 56.4 9.2
Motor vehicle manufacturing 61.6 5.0 71.2 82.0 75.5 81.2 107.0 128.6 141.8 159.4 7.3 45.2 14.8
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 -19.8 4.8 -30.8 -31.8 -1.3 38.9 23.6
Beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -4.9 5.1 6.9 11.7 4.5 28.2 24.8
Beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -4.9 5.1 6.9 11.7 4.5 28.2 24.8
Lifting, lowering and loading equipment 20.8 -25.8 42.1 63.9 20.5 53.2 50.3 54.3 76.9 65.7 -6.3 26.1 -0.8
Battery and accumulator manufacturing 67.5 99.9 126.1 102.9 86.4 10.5 -28.1 48.2 133.3 228.1 40.6 25.9 12.4
Motor vehicle manufacturing 92.5 37.6 98.6 99.8 105.8 103.8 128.1 143.1 140.5 157.7 7.1 24.8 14.0
Printing related services 21.0 -15.0 21.9 -3.4 9.7 9.4 18.3 14.9 0.5 4.3 3.7 24.5 27.6
Other general machinery manufacturing 12.6 -21.5 55.7 51.9 94.4 74.4 47.7 22.8 8.3 32.3 22.2 22.9 6.6
Other pumps, compressors, taps and valves 43.7 7.8 53.5 51.5 55.8 57.2 61.5 52.9 40.9 42.9 1.5 21.3 13.7
Mining of other non-ferrous metal ores 7.2 -4.9 21.4 14.1 24.2 16.1 27.2 5.1 -8.4 -7.9 0.5 20.9 20.9
Refined petroleum products 182.5 178.1 114.4 86.0 184.6 198.9 203.8 200.8 137.1 132.5 -1.9 19.9 16.4
Metal ore mining -17.8 -27.2 -6.2 -11.1 -4.0 -10.4 -1.0 -16.8 -26.7 -27.1 -0.5 19.7 17.3
Coke, refined petroleum products 190.3 184.9 122.0 93.4 192.1 206.5 211.6 208.6 144.1 139.6 -1.9 18.9 16.0
Processing and preserving fruits and vegetables 90.3 34.9 73.1 89.6 112.3 130.1 126.5 161.0 152.1 137.4 -5.8 18.8 17.1
Garment manufacturing 41.3 9.6 39.1 39.0 44.3 49.0 63.6 73.2 57.3 60.4 2.0 18.1 10.3
Sewing clothes (except fur clothes) 41.3 9.6 39.1 39.0 44.3 49.0 63.6 73.2 57.3 60.4 2.0 18.1 10.3
Plastic and synthetic rubber in primary form 505.6 337.8 184.0 180.6 194.1 231.5 241.1 301.0 275.2 229.2 -12.3 15.6 23.4
Electrical equipment manufacturing 28.4 12.0 38.4 36.6 42.1 26.6 28.0 44.1 57.9 73.4 9.9 15.4 10.8
Household electrical appliances 83.2 48.6 87.1 92.0 133.4 128.5 145.0 168.0 160.0 171.8 4.6 14.5 9.3
Woven fabric production -6.5 -19.9 3.4 -1.6 2.3 4.6 6.2 12.9 10.9 13.1 2.0 14.4 11.4
Scrap recycling 115.6 83.3 182.4 159.2 118.3 147.4 177.3 326.5 227.6 182.3 -13.8 14.1 25.2
Other manufacturing not elsewhere classified 20.5 -17.4 21.3 25.2 27.2 37.1 40.9 35.5 24.8 33.6 7.1 13.7 5.8
Rubber and plastic products 58.4 12.4 53.1 57.5 67.8 66.1 74.9 74.0 65.9 64.5 -0.8 13.0 26.3
Plastic products 58.4 12.4 53.1 57.5 67.8 66.1 74.9 74.0 65.9 64.5 -0.8 13.0 26.3
Mechanical processing; metal treatment and coating 85.4 57.4 81.8 94.9 99.8 97.0 96.1 82.9 88.0 93.5 2.9 12.8 6.6
Leather and related products 68.5 24.2 62.7 66.9 79.7 78.3 86.0 89.7 86.2 95.1 4.8 12.6 11.4
Footwear manufacturing 68.5 24.2 62.7 66.9 79.7 78.3 86.0 89.7 86.2 95.1 4.8 12.6 11.4
Processing and preserving aquatic products and aquatic products 16.0 -4.4 18.7 19.8 25.7 37.9 39.1 36.6 32.3 40.4 6.1 12.4 9.4
Sawing, planing, and preserving wood -0.7 -34.4 3.1 7.6 9.1 9.3 14.9 17.8 13.2 8.2 -4.5 11.9 6.8
Cables, wires and other electronic products 17.6 -7.0 13.0 16.4 19.3 16.4 20.5 22.0 23.0 26.4 2.7 11.5 13.4
Wood, bamboo and rattan products 2.5 -31.8 3.3 6.2 9.8 10.5 13.9 12.3 11.0 10.5 -0.5 10.9 8.7
Corrugated paper, corrugated cardboard, packaging from paper and cardboard 26.6 -7.5 23.1 21.1 24.9 26.9 37.2 46.3 32.6 38.0 4.1 10.9 6.6
Metal components 63.7 59.1 119.2 122.8 153.9 151.7 154.3 160.7 150.3 148.0 -0.9 10.9 13.8
Metal production 233.1 208.9 233.0 241.1 270.5 274.2 281.7 285.2 238.7 254.8 4.8 10.6 10.9
Iron, steel, cast iron 233.1 208.9 233.0 241.1 270.5 274.2 281.7 285.2 238.7 254.8 4.8 10.6 10.9
Milling and production of raw flour -46.7 -50.5 -36.0 -36.3 -28.7 -37.3 -34.8 -37.4 -39.2 -35.6 5.9 10.3 6.1
Waste collection, treatment and disposal activities; scrap recycling 66.6 53.8 87.4 85.5 82.3 96.1 103.8 146.7 114.3 92.9 -10.0 10.2 15.8
Prefabricated metal products (except machinery and equipment) 46.6 29.6 68.4 72.6 89.5 85.8 87.3 85.6 84.8 86.1 0.8 10.0 11.9
Machinery and equipment not elsewhere classified 75.5 22.4 60.5 67.4 65.0 67.5 75.9 80.3 51.7 77.5 17.1 9.8 3.5
Food processing and manufacturing 21.9 -0.7 20.6 23.6 30.8 34.7 34.3 38.7 34.2 37.8 2.6 9.4 7.5
Plywood, veneer, laminated wood and other thin boards 8.4 -26.9 3.7 3.4 11.1 12.7 12.0 2.2 7.0 14.8 7.3 9.3 12.4
Processing and manufacturing industry 68.1 36.6 64.7 67.6 75.6 81.0 83.2 84.7 82.2 88.7 3.6 8.8 9.6
Fertilizers and nitrogen compounds 3.3 0.4 2.1 10.3 14.1 13.4 8.6 1.6 -1.7 11.6 13.5 8.7 11.6
Weaving 45.4 14.4 47.5 44.3 49.1 52.2 63.3 63.3 60.1 61.9 1.1 8.2 12.1
Other processing and manufacturing industries 46.5 5.8 34.8 35.9 39.7 50.1 59.6 60.3 51.3 56.7 3.6 7.9 4.8
Ready-made garments (except apparel) -43.4 -60.9 -44.5 -44.3 -44.0 -41.7 -38.0 -36.5 -40.9 -39.0 3.1 7.8 4.1
Chemicals and chemical products 73.4 35.3 31.2 30.4 36.5 41.9 40.3 44.9 36.3 38.2 1.4 7.8 14.6
Paper and paper products 48.1 12.2 50.4 51.1 56.0 52.2 58.8 68.5 55.2 59.4 2.7 7.8 9.3
Iron ore mining -83.6 -85.7 -78.7 -77.3 -78.0 -80.0 -75.3 -74.5 -75.0 -77.6 -10.3 7.8 -16.1
Non-hazardous waste collection 46.7 41.9 48.8 55.6 67.7 75.2 73.9 73.5 68.2 56.6 -6.9 7.5 10.2
Fiber production 78.7 40.3 79.8 76.2 82.3 85.6 100.7 98.8 95.6 97.3 0.8 7.4 12.8
Print, copy records of all kinds 109.3 58.9 99.0 97.3 108.9 112.5 117.2 113.8 111.0 115.2 2.0 7.2 9.4
Water supply; waste and wastewater management and treatment activities 56.5 47.6 63.1 69.2 68.6 75.1 74.7 92.3 80.0 71.1 -5.0 6.9 9.5
Consumer electronics products 226.9 164.1 237.0 240.9 239.5 241.2 276.3 284.3 260.7 253.1 -2.1 6.7 9.8
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 -1.5 6.6 -10.5
Animal feed, poultry and aquatic products 23.7 1.6 13.6 17.5 23.6 21.8 23.2 27.7 20.9 26.6 4.6 6.4 5.3
Other fabricated metal products not elsewhere classified 13.8 -12.4 8.7 10.2 16.5 10.7 12.0 5.9 13.1 16.9 3.4 6.3 11.0
Building materials from clay -23.1 -42.2 -15.7 -1.4 3.0 -0.2 3.8 3.7 -10.5 -9.9 0.7 6.2 2.0
Production and distribution of electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 110.0 117.3 3.5 6.0 10.3
Electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 110.0 117.3 3.5 6.0 10.3
Electricity generation, transmission and distribution 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 110.0 117.3 3.5 6.0 10.3
Drugs, pharmaceutical chemicals and pharmaceutical materials 82.4 20.8 50.6 49.7 58.4 45.3 39.5 40.3 37.2 40.2 2.1 5.9 9.8
Drugs, pharmaceutical chemicals and pharmaceutical materials 82.4 20.8 50.6 49.7 58.4 45.3 39.5 40.3 37.2 40.2 2.1 5.9 9.8
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 59.3 62.3 61.2 59.6 -1.0 5.5 5.1
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 59.3 62.3 61.2 59.6 -1.0 5.5 5.1
Other mining 47.1 8.8 44.1 52.2 52.7 44.9 40.8 45.6 37.3 40.8 2.6 5.3 2.7
Quarrying of stone, sand, gravel, clay 47.1 8.8 44.1 52.2 52.7 44.9 40.8 45.6 37.3 40.8 2.6 5.3 2.7
Motors, generators, electric transformers, electricity distribution and control equipment -14.0 -36.6 -7.6 -8.3 -8.0 -12.2 0.5 -2.2 0.7 -11.8 -12.4 5.2 6.1
Cosmetics, soaps, detergents, polishes and toilet preparations 42.1 14.3 48.7 43.9 52.3 54.0 46.9 40.7 25.5 37.4 9.5 5.2 12.9
Toy and game manufacturing 112.4 33.5 71.0 59.5 65.6 85.2 116.0 133.3 119.8 118.0 -0.8 4.9 -0.9
Other non-metallic mineral products 60.8 26.9 81.4 87.4 78.9 73.1 76.2 82.3 65.2 79.2 8.5 4.6 -0.4
Communication equipment manufacturing 63.6 44.5 71.4 69.9 77.9 108.9 94.6 84.5 114.3 119.0 2.2 4.4 8.6
Cement, lime, plaster 114.0 74.1 148.4 151.7 133.3 123.8 124.9 136.4 114.8 137.3 10.5 4.3 -1.5
Printing 156.1 98.1 139.9 150.7 161.6 167.2 169.7 166.2 169.6 174.0 1.6 4.2 6.0
Concrete and products from cement and plaster -4.0 -43.0 -19.1 -19.3 -9.5 -3.3 6.9 1.6 -0.9 2.3 3.2 4.2 7.6
Electronic products, computers and optical products 101.1 72.7 101.2 109.5 111.7 132.9 124.3 117.8 140.1 146.9 2.8 4.1 8.8
Other products of paper and paperboard not elsewhere classified 86.0 46.9 98.6 104.2 110.9 97.0 96.9 107.8 95.1 97.1 1.1 4.1 12.5
Non-alcoholic beverages, mineral water 37.8 9.2 44.7 33.5 44.7 40.5 20.7 23.2 33.7 39.6 4.5 3.8 5.6
Beverage production 59.8 27.3 53.4 47.8 56.3 56.4 45.5 44.7 50.5 60.9 6.9 3.2 0.9
Medical, dental, orthopedic and rehabilitation equipment and instruments 48.2 26.9 34.3 38.8 44.0 49.5 54.9 55.3 52.1 56.4 2.8 3.0 8.2
Tobacco products manufacturing 70.9 33.2 73.5 71.8 71.5 69.0 70.9 79.5 76.4 77.6 0.7 3.0 6.1
Tobacco products manufacturing 70.9 33.2 73.5 71.8 71.5 69.0 70.9 79.5 76.4 77.6 0.7 3.0 6.1
Processing of milk and dairy products 22.5 9.6 33.2 31.4 37.5 36.9 34.7 33.0 34.0 43.3 7.0 2.9 3.8
Beer and malt production 78.8 43.0 61.0 60.2 66.4 70.1 66.9 63.2 64.9 79.2 8.7 2.8 -2.1
Electronic components manufacturing 284.2 211.4 230.7 302.5 270.3 238.2 246.2 256.5 250.9 276.9 7.4 2.2 9.1
Spare parts and accessories for motor vehicles and motor vehicle engines 140.8 88.5 141.6 127.6 153.0 139.1 161.0 165.8 138.5 154.9 6.9 2.0 13.1
Food products not elsewhere classified 44.4 16.7 49.6 49.2 46.6 51.0 41.8 46.0 44.8 43.9 -0.6 1.5 -0.7
Other chemical products not elsewhere classified -7.0 -35.0 -0.3 -4.4 1.1 -3.3 -3.5 -5.6 -8.4 -3.7 5.1 0.4 6.4
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 46.4 47.9 51.8 50.4 -1.0 -0.3 6.6
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 46.4 47.9 51.8 50.4 -1.0 -0.3 6.6
Other means of transport 6.7 -32.0 0.5 3.6 4.6 3.7 17.8 10.9 -3.5 8.5 12.5 -0.8 3.0
Motorcycle manufacturing 6.7 -32.0 0.5 3.6 4.6 3.7 17.8 10.9 -3.5 8.5 12.5 -0.8 3.0
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 -17.6 6.2 -1.0 6.9
Crude oil exploitation -49.5 -52.9 -48.8 -51.0 -53.1 -52.8 -53.0 -51.4 -53.9 -51.8 4.4 -3.2 -5.8
Repair, maintenance and installation of machinery and equipment -21.9 -43.1 -32.9 -23.2 -13.2 -9.0 -10.7 1.7 -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 -100.0 0.4 -6.9 3.7
Mining of hard coal and lignite 40.8 5.7 48.1 43.6 52.8 34.8 23.2 18.3 -11.5 20.6 36.3 -7.7 -5.9
Mining and collection of hard coal 40.8 5.7 48.1 43.6 52.8 34.8 23.2 18.3 -11.5 20.6 36.3 -7.7 -5.9
Extractive -24.7 -35.1 -20.5 -22.1 -22.2 -27.0 -30.0 -32.7 -40.6 -32.4 13.8 -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 -49.7 10.8 -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 -19.0 8.6
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 -19.0 8.6
Natural gas extraction -37.8 -42.1 -30.4 -30.7 -31.6 -39.5 -41.6 -49.3 -55.6 -47.1 19.1 -24.2 -17.3
Other specialized machines 548.5 347.5 330.0 348.3 320.8 289.8 335.1 365.2 244.4 316.8 21.0 -26.2 -4.3
Repair of machinery and equipment 33.7 24.1 19.1 59.1 70.5 45.8 52.2 64.8 42.4 43.9 1.1 -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

Jan Feb Mar Apr May Jun Jul Aug Sep Sep  vs Aug Sep 2023 vs 2024 Jan-Sep 2023 vs 2024
Total 56.0 28.3 55.5 58.3 65.1 68.4 69.5 71.2 70.8 -0.2 10.8 8.6
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 lignite 40.8 5.7 48.1 43.6 52.8 34.8 23.2 18.3 7.4 -9.3 -10.0 -4.2
Mining and collection of hard coal 40.8 5.7 48.1 43.6 52.8 34.8 23.2 18.3 7.4 -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 -3.0 2.1 -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 -12.7 13.2 17.0
Iron ore mining -83.6 -85.7 -78.7 -77.3 -78.0 -80.0 -75.3 -74.5 -75.6 -4.2 18.3 -18.5
Mining of other non-ferrous metal ores 7.2 -4.9 21.4 14.1 24.2 16.1 27.2 5.1 -9.1 -13.5 12.7 20.8
Other mining 47.1 8.8 44.1 52.2 52.7 44.9 40.8 45.6 36.4 -6.3 7.2 2.3
Quarrying of stone, sand, gravel, clay 47.1 8.8 44.1 52.2 52.7 44.9 40.8 45.6 36.4 -6.3 7.2 2.3
Mining and quarrying support services activities -10.2 -15.6 -0.2 -8.7 -16.2 -1.7 -12.0 -16.2 -16.1 0.2 -1.5 12.5
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 -16.1 0.2 -1.5 12.5
Processing and manufacturing industry 68.1 36.6 64.7 67.6 75.6 81.0 83.2 84.7 88.4 2.0 13.1 9.9
Food processing and manufacturing 21.9 -0.7 20.6 23.6 30.8 34.7 34.3 38.7 40.3 1.2 11.7 7.8
Processing and preserving aquatic products and aquatic products 16.0 -4.4 18.7 19.8 25.7 37.9 39.1 36.6 41.5 3.6 19.7 10.0
Processing and preserving fruits and vegetables 90.3 34.9 73.1 89.6 112.3 130.1 126.5 161.0 152.8 -3.2 14.1 16.9
Processing of milk and dairy products 22.5 9.6 33.2 31.4 37.5 36.9 34.7 33.0 36.7 2.8 5.1 4.1
Milling and production of raw flour -46.7 -50.5 -36.0 -36.3 -28.7 -37.3 -34.8 -37.4 -35.7 2.7 9.2 6.3
Food products not elsewhere classified 44.4 16.7 49.6 49.2 46.6 51.0 41.8 46.0 46.9 0.6 0.8 -0.7
Animal feed, poultry and aquatic products 23.7 1.6 13.6 17.5 23.6 21.8 23.2 27.7 29.6 1.5 10.1 6.0
Beverage production 59.8 27.3 53.4 47.8 56.3 56.4 45.5 44.7 46.9 1.5 2.3 0.4
Beer and malt production 78.8 43.0 61.0 60.2 66.4 70.1 66.9 63.2 70.6 4.5 6.7 -2.3
Non-alcoholic beverages, mineral water 37.8 9.2 44.7 33.5 44.7 40.5 20.7 23.2 19.6 -3.0 -4.3 4.6
Tobacco products manufacturing 70.9 33.2 73.5 71.8 71.5 69.0 70.9 79.5 73.7 -3.2 6.0 6.2
Tobacco products manufacturing 70.9 33.2 73.5 71.8 71.5 69.0 70.9 79.5 73.7 -3.2 6.0 6.2
Weaving 45.4 14.4 47.5 44.3 49.1 52.2 63.3 63.3 63.5 0.1 11.2 12.8
Fiber production 78.7 40.3 79.8 76.2 82.3 85.6 100.7 98.8 98.4 -0.2 10.7 13.6
Woven fabric production -6.5 -19.9 3.4 -1.6 2.3 4.6 6.2 12.9 15.5 2.3 14.9 11.6
Ready-made garments (except apparel) -43.4 -60.9 -44.5 -44.3 -44.0 -41.7 -38.0 -36.5 -36.2 0.5 12.0 4.7
Garment manufacturing 41.3 9.6 39.1 39.0 44.3 49.0 63.6 73.2 68.8 -2.5 19.7 9.9
Sewing clothes (except fur clothes) 41.3 9.6 39.1 39.0 44.3 49.0 63.6 73.2 68.8 -2.5 19.7 9.9
Leather and related products 68.5 24.2 62.7 66.9 79.7 78.3 86.0 89.7 92.5 1.5 17.6 11.6
Footwear manufacturing 68.5 24.2 62.7 66.9 79.7 78.3 86.0 89.7 92.5 1.5 17.6 11.6
Wood, bamboo and rattan products 2.5 -31.8 3.3 6.2 9.8 10.5 13.9 12.3 11.3 -0.9 -0.7 8.4
Sawing, planing, and preserving wood -0.7 -34.4 3.1 7.6 9.1 9.3 14.9 17.8 13.8 -3.4 -1.5 6.3
Plywood, veneer, laminated wood and other thin boards 8.4 -26.9 3.7 3.4 11.1 12.7 12.0 2.2 6.7 4.4 1.1 12.8
Paper and paper products 48.1 12.2 50.4 51.1 56.0 52.2 58.8 68.5 67.7 -0.5 16.9 10.4
Corrugated paper, corrugated cardboard, packaging from paper and cardboard 26.6 -7.5 23.1 21.1 24.9 26.9 37.2 46.3 47.1 0.5 18.7 7.4
Other products of paper and paperboard not elsewhere classified 86.0 46.9 98.6 104.2 110.9 97.0 96.9 107.8 104.2 -1.7 14.8 14.2
Print, copy records of all kinds 109.3 58.9 99.0 97.3 108.9 112.5 117.2 113.8 117.7 1.8 11.9 10.1
Printing 156.1 98.1 139.9 150.7 161.6 167.2 169.7 166.2 170.1 1.4 7.1 6.2
Printing related services 21.0 -15.0 21.9 -3.4 9.7 9.4 18.3 14.9 19.0 3.6 38.5 30.3
Coke, refined petroleum products 190.3 184.9 122.0 93.4 192.1 206.5 211.6 208.6 207.6 -0.3 147.0 18.8
Coke production -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -13.1 -10.2 4.6
Refined petroleum products 182.5 178.1 114.4 86.0 184.6 198.9 203.8 200.8 200.7 0.0 157.5 19.2
Chemicals and chemical products 73.4 35.3 31.2 30.4 36.5 41.9 40.3 44.9 58.6 9.5 19.9 16.9
Fertilizers and nitrogen compounds 3.3 0.4 2.1 10.3 14.1 13.4 8.6 1.6 7.9 6.2 12.0 12.8
Plastic and synthetic rubber in primary form 505.6 337.8 184.0 180.6 194.1 231.5 241.1 301.0 384.4 20.8 29.4 24.7
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 -18.6 2.0 -2.0 8.6
Cosmetics, soaps, detergents, polishes and toilet preparations 42.1 14.3 48.7 43.9 52.3 54.0 46.9 40.7 39.9 -0.5 8.9 15.1
Other chemical products not elsewhere classified -7.0 -35.0 -0.3 -4.4 1.1 -3.3 -3.5 -5.6 -3.2 2.5 4.0 7.8
Drugs, pharmaceutical chemicals and pharmaceutical materials 82.4 20.8 50.6 49.7 58.4 45.3 39.5 40.3 41.7 1.0 15.4 10.6
Drugs, pharmaceutical chemicals and pharmaceutical materials 82.4 20.8 50.6 49.7 58.4 45.3 39.5 40.3 41.7 1.0 15.4 10.6
Rubber and plastic products 58.4 12.4 53.1 57.5 67.8 66.1 74.9 74.0 74.3 0.2 24.9 28.8
Plastic products 58.4 12.4 53.1 57.5 67.8 66.1 74.9 74.0 74.3 0.2 24.9 28.8
Other non-metallic mineral products 60.8 26.9 81.4 87.4 78.9 73.1 76.2 82.3 76.6 -3.1 5.4 -0.3
Building materials from clay -23.1 -42.2 -15.7 -1.4 3.0 -0.2 3.8 3.7 -3.7 -7.1 13.3 2.4
Cement, lime, plaster 114.0 74.1 148.4 151.7 133.3 123.8 124.9 136.4 131.4 -2.1 3.5 -1.4
Concrete and products from cement and plaster -4.0 -43.0 -19.1 -19.3 -9.5 -3.3 6.9 1.6 -4.2 -5.7 10.5 7.6
Metal production 233.1 208.9 233.0 241.1 270.5 274.2 281.7 285.2 278.4 -1.8 12.3 12.3
Iron, steel, cast iron 233.1 208.9 233.0 241.1 270.5 274.2 281.7 285.2 278.4 -1.8 12.3 12.3
Prefabricated metal products (except machinery and equipment) 46.6 29.6 68.4 72.6 89.5 85.8 87.3 85.6 84.7 -0.5 13.0 12.0
Metal components 63.7 59.1 119.2 122.8 153.9 151.7 154.3 160.7 153.9 -2.6 15.5 14.2
Mechanical processing; metal treatment and coating 85.4 57.4 81.8 94.9 99.8 97.0 96.1 82.9 90.8 4.3 12.6 6.1
Other fabricated metal products not elsewhere classified 13.8 -12.4 8.7 10.2 16.5 10.7 12.0 5.9 8.0 2.0 7.2 11.0
Electronic products, computers and optical products 101.1 72.7 101.2 109.5 111.7 132.9 124.3 117.8 136.6 8.6 6.8 9.1
Electronic components manufacturing 284.2 211.4 230.7 302.5 270.3 238.2 246.2 256.5 266.0 2.7 12.4 10.5
Communication equipment manufacturing 63.6 44.5 71.4 69.9 77.9 108.9 94.6 84.5 107.3 12.4 5.2 8.6
Consumer electronics products 226.9 164.1 237.0 240.9 239.5 241.2 276.3 284.3 266.4 -4.7 10.0 10.4
Electrical equipment manufacturing 28.4 12.0 38.4 36.6 42.1 26.6 28.0 44.1 41.3 -2.0 -3.0 8.7
Motors, generators, electric transformers, electricity distribution and control equipment -14.0 -36.6 -7.6 -8.3 -8.0 -12.2 0.5 -2.2 -14.1 -12.1 6.9 4.3
Battery and accumulator manufacturing 67.5 99.9 126.1 102.9 86.4 10.5 -28.1 48.2 50.5 1.6 -38.2 4.0
Cables, wires and other electronic products 17.6 -7.0 13.0 16.4 19.3 16.4 20.5 22.0 21.8 -0.1 9.9 13.5
Household electrical appliances 83.2 48.6 87.1 92.0 133.4 128.5 145.0 168.0 167.3 -0.3 12.1 9.1
Machinery and equipment not elsewhere classified 75.5 22.4 60.5 67.4 65.0 67.5 75.9 80.3 76.6 -2.1 3.3 4.6
Other pumps, compressors, taps and valves 43.7 7.8 53.5 51.5 55.8 57.2 61.5 52.9 56.9 2.6 21.1 14.3
Lifting, lowering and loading equipment 20.8 -25.8 42.1 63.9 20.5 53.2 50.3 54.3 70.6 10.6 -8.8 -4.2
Office machinery and equipment (except computers and computer peripheral equipment) -16.2 -36.8 -12.9 -12.3 -4.4 1.7 17.7 29.7 15.7 -10.8 58.1 8.0
Other general machinery manufacturing 12.6 -21.5 55.7 51.9 94.4 74.4 47.7 22.8 11.9 -8.8 4.3 5.4
Machines for textile, garment and leather industries -12.9 -36.7 5.7 10.5 21.7 27.0 32.4 30.1 24.9 -4.0 47.7 21.0
Other specialized machines 548.5 347.5 330.0 348.3 320.8 289.8 335.1 365.2 360.0 -1.1 -17.7 1.5
Motor vehicle manufacturing 92.5 37.6 98.6 99.8 105.8 103.8 128.1 143.1 145.2 0.8 25.7 13.0
Motor vehicle manufacturing 61.6 5.0 71.2 82.0 75.5 81.2 107.0 128.6 135.3 2.9 29.8 10.7
Spare parts and accessories for motor vehicles and motor vehicle engines 140.8 88.5 141.6 127.6 153.0 139.1 161.0 165.8 160.6 -2.0 20.3 15.8
Other means of transport 6.7 -32.0 0.5 3.6 4.6 3.7 17.8 10.9 -0.7 -10.5 4.1 3.8
Motorcycle manufacturing 6.7 -32.0 0.5 3.6 4.6 3.7 17.8 10.9 -0.7 -10.5 4.1 3.8
Beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -4.9 5.1 8.6 3.3 38.3 24.7
Beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -4.9 5.1 8.6 3.3 38.3 24.7
Other processing and manufacturing industries 46.5 5.8 34.8 35.9 39.7 50.1 59.6 60.3 53.9 -4.0 5.4 4.6
Toy and game manufacturing 112.4 33.5 71.0 59.5 65.6 85.2 116.0 133.3 140.7 3.1 0.9 -0.3
Medical, dental, orthopedic and rehabilitation equipment and instruments 48.2 26.9 34.3 38.8 44.0 49.5 54.9 55.3 49.4 -3.8 3.0 8.7
Other manufacturing not elsewhere classified 20.5 -17.4 21.3 25.2 27.2 37.1 40.9 35.5 23.5 -8.8 11.0 4.9
Repair, maintenance and installation of machinery and equipment -21.9 -43.1 -32.9 -23.2 -13.2 -9.0 -10.7 1.7 -14.8 -16.3 -8.0 -3.7
Repair of machinery and equipment 33.7 24.1 19.1 59.1 70.5 45.8 52.2 64.8 42.6 -13.5 2.8 -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 -19.8 4.8 -27.8 -31.1 0.7 22.6
Installation of industrial machinery and equipment -34.4 -58.5 -42.4 -40.9 -34.8 -34.8 -36.8 -35.7 -34.5 1.9 -24.0 -12.0
Production and distribution of electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 114.6 -10.0 6.4 11.1
Electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 114.6 -10.0 6.4 11.1
Electricity generation, transmission and distribution 97.9 67.8 112.4 121.5 132.1 131.0 131.3 138.4 114.6 -10.0 6.4 11.1
Water supply; waste and wastewater management and treatment activities 56.5 47.6 63.1 69.2 68.6 75.1 74.7 92.3 82.4 -5.1 15.2 9.9
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 59.3 62.3 62.7 0.3 3.7 5.2
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 59.3 62.3 62.7 0.3 3.7 5.2
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 46.4 47.9 54.6 4.5 12.5 7.7
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 46.4 47.9 54.6 4.5 12.5 7.7
Waste collection, treatment and disposal activities; scrap recycling 66.6 53.8 87.4 85.5 82.3 96.1 103.8 146.7 117.8 -11.7 32.0 16.7
Non-hazardous waste collection 46.7 41.9 48.8 55.6 67.7 75.2 73.9 73.5 72.1 -0.8 13.9 10.7
Scrap recycling 115.6 83.3 182.4 159.2 118.3 147.4 177.3 326.5 230.3 -22.6 65.6 26.7

 


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 July YOY Jan-Aug 2023 V 2024
Industry-wide 2.0 9.5 8.6
Extractive 0.8 -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 extraction 1.4 -0.1 -11.2
Crude oil exploitation 1.2 -5.4 -7.1
Natural gas extraction 1.7 6.0 -14.9
Metal ore mining -6.4 39.5 19.0
Iron ore mining 7.5 82.0 -21.4
Mining of other non-ferrous metal ores -7.4 36.8 23.4
Other mining 2.4 2.6 1.7
Quarrying of stone, sand, gravel, clay 2.4 2.6 1.7
Mining and quarrying support services activities 7.2 15.9 16.1
Support services for crude oil and natural gas exploitation 7.2 15.9 16.1
Processing and manufacturing industry 2.2 10.6 9.7
Food processing and manufacturing 3.2 9.8 7.3
Processing and preserving aquatic products and aquatic products 3.9 22.9 9.6
Processing and preserving fruits and vegetables 4.4 9.7 15.6
Processing of milk and dairy products 2.3 5.0 4.5
Milling and production of raw flour -0.4 8.7 6.4
Food products not elsewhere classified 1.5 -3.4 -1.1
Animal feed, poultry and aquatic products 3.3 5.9 5.4
Beverage production 2.1 4.0 0.5
Beer and malt production -0.1 0.2 -3.1
Non-alcoholic beverages, mineral water 5.5 10.3 6.1
Tobacco products manufacturing -0.2 -3.2 5.6
Tobacco products manufacturing -0.2 -3.2 5.6
Weaving 2.7 14.6 13.4
Fiber production 2.4 14.6 14.5
Woven fabric production 4.3 13.0 10.8
Ready-made garments (except apparel) 4.2 17.2 3.9
Garment manufacturing 3.2 15.4 8.3
Sewing clothes (except fur clothes) 3.2 15.4 8.3
Leather and related products 2.3 17.2 10.9
Footwear manufacturing 2.3 17.2 10.9
Wood, bamboo and rattan products 0.3 3.8 10.0
Sawing, planing, and preserving wood 1.2 -1.1 7.2
Plywood, veneer, laminated wood and other thin boards -1.4 14.8 15.6
Paper and paper products -0.2 8.7 8.7
Corrugated paper, corrugated cardboard, packaging from paper and cardboard 1.1 8.3 5.1
Other products of paper and paperboard not elsewhere classified -1.7 9.1 13.0
Print, copy records of all kinds 1.4 10.6 10.3
Printing 0.6 5.6 6.4
Printing related services 4.5 36.9 30.6
Coke, refined petroleum products 3.5 32.3 11.5
Coke production 0.7 -1.5 6.6
Refined petroleum products 3.6 33.5 11.6
Chemicals and chemical products 12.4 22.6 17.8
Fertilizers and nitrogen compounds -5.3 9.5 13.0
Plastic and synthetic rubber in primary form 40.7 53.6 27.4
Paints, varnishes and similar coatings, printing ink and mastics 2.1 -4.6 10.4
Cosmetics, soaps, detergents, polishes and toilet preparations -1.7 9.9 16.3
Other chemical products not elsewhere classified 3.5 13.9 9.2
Drugs, pharmaceutical chemicals and pharmaceutical materials -2.2 15.8 9.6
Drugs, pharmaceutical chemicals and pharmaceutical materials -2.2 15.8 9.6
Rubber and plastic products 0.2 31.2 29.5
Plastic products 0.2 31.2 29.5
Other non-metallic mineral products 5.0 6.5 -0.6
Building materials from clay -1.4 18.3 1.9
Cement, lime, plaster 7.0 4.2 -1.7
Concrete and products from cement and plaster -1.3 9.4 7.8
Metal production 6.3 18.4 13.2
Iron, steel, cast iron 6.3 18.4 13.2
Prefabricated metal products (except machinery and equipment) 4.2 11.2 12.6
Metal components 6.2 12.4 14.6
Mechanical processing; metal treatment and coating 3.5 17.6 6.7
Other fabricated metal products not elsewhere classified -0.1 4.2 12.3
Electronic products, computers and optical products -0.6 1.5 9.8
Electronic components manufacturing 3.6 9.9 10.3
Communication equipment manufacturing -2.1 -1.9 9.5
Consumer electronics products 1.8 10.1 10.4
Electrical equipment manufacturing 3.4 -5.9 9.3
Motors, generators, electric transformers, electricity distribution and control equipment -3.7 8.8 3.9
Battery and accumulator manufacturing 14.0 -61.0 7.1
Cables, wires and other electronic products 3.3 17.5 14.3
Household electrical appliances 5.0 7.5 7.9
Machinery and equipment not elsewhere classified 0.0 -2.5 4.4
Other pumps, compressors, taps and valves -2.3 24.7 14.0
Lifting, lowering and loading equipment 2.3 -20.8 -3.4
Office machinery and equipment (except computers and computer peripheral equipment) -11.8 19.1 -0.4
Other general machinery manufacturing -17.1 -4.2 5.5
Machines for textile, garment and leather industries -0.6 37.1 18.1
Other specialized machines 12.9 -11.9 5.2
Motor vehicle manufacturing 3.5 29.5 10.8
Motor vehicle manufacturing 4.5 45.8 7.1
Spare parts and accessories for motor vehicles and motor vehicle engines 2.2 13.4 15.2
Other means of transport -4.5 23.0 4.0
Motorcycle manufacturing -4.5 23.0 4.0
Beds, cabinets, tables, chairs 2.4 25.6 21.6
Beds, cabinets, tables, chairs 2.4 25.6 21.6
Other processing and manufacturing industries 2.5 10.3 4.8
Toy and game manufacturing 7.8 -1.6 -0.6
Medical, dental, orthopaedic and rehabilitation equipment and instruments -0.1 15.0 9.4
Other manufacturing not elsewhere classified 1.1 15.9 4.9
Repair, maintenance and installation of machinery and equipment 11.8 -1.7 -3.4
Repair of machinery and equipment 34.6 3.8 -10.2
Repair and maintenance of transport (except cars, motorbikes, scooters and other motor vehicles) -9.0 20.9 18.7
Installation of industrial machinery and equipment 6.0 -22.9 -9.6
Electricity, gas, hot water, steam and air conditioning 2.1 8.9 11.6
Electricity generation, transmission and distribution 2.1 8.9 11.6
Water supply; waste and wastewater management -0.1 12.6 7.8
Water exploitation, treatment and supply 2.2 4.0 5.4
Water exploitation, treatment and supply 2.2 4.0 5.4
Drainage and wastewater treatment -0.4 7.4 6.9
Drainage and wastewater treatment -0.4 7.4 6.9
Waste collection, treatment and disposal activities; scrap recycling -2.8 26.3 11.2
Non-hazardous waste collection -0.5 12.5 10.3
Scrap recycling -6.3 58.1 12.6

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
January February March April May June July
Totals 56.0 28.3 55.5 58.3 65.1 68.4 69.5 0.7 11.2 8.5
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 lignite 40.8 5.7 48.1 43.6 52.8 34.8 30.8 -2.9 -4.3 -1.3
Mining and collecting hard coal 40.8 5.7 48.1 43.6 52.8 34.8 30.8 -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 -52.5 0.6 -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 -8.1 2.5 8.7 15.0
Iron ore mining -83.6 -85.7 -78.7 -77.3 -78.0 -80.0 -77.5 12.7 -5.3 -31.3
Mining other metal ores that do not contain iron 7.2 -4.9 21.4 14.1 24.2 16.1 18.3 1.9 9.9 20.3
Other mining 47.1 8.8 44.1 52.2 52.7 44.9 46.3 1.0 1.5 2.1
Exploitation of stone, sand, gravel and clay 47.1 8.8 44.1 52.2 52.7 44.9 46.3 1.0 1.5 2.1
Mining and ore mining support service activities -10.2 -15.6 -0.2 -8.7 -16.2 -1.7 -6.0 -4.4 13.6 17.2
Service activities supporting crude oil and natural gas exploitation -10.2 -15.6 -0.2 -8.7 -16.2 -1.7 -6.0 -4.4 13.6 17.2
Manufacturing and processing industry 68.1 36.6 64.7 67.6 75.6 81.0 82.1 0.6 13.3 9.5
Food production and processing 21.9 -0.7 20.6 23.6 30.8 34.7 38.4 2.7 13.4 7.4
Processing and preserving aquatic products and aquatic products 16.0 -4.4 18.7 19.8 25.7 37.9 42.2 3.1 21.4 8.0
Processing and preserving fruits and vegetables 90.3 34.9 73.1 89.6 112.3 130.1 135.4 2.3 18.1 17.4
Processing milk and dairy products 22.5 9.6 33.2 31.4 37.5 36.9 38.9 1.5 7.6 4.9
Milling and producing raw flour -46.7 -50.5 -36.0 -36.3 -28.7 -37.3 -34.6 4.4 5.0 6.1
Other food production not classified elsewhere 44.4 16.7 49.6 49.2 46.6 51.0 54.1 2.1 2.9 0.5
Producing animal feed, poultry and aquatic products 23.7 1.6 13.6 17.5 23.6 21.8 25.5 3.1 11.7 5.6
Beverage production 59.8 27.3 53.4 47.8 56.3 56.4 53.4 -1.9 2.4 0.8
Producing beer and fermenting malt 78.8 43.0 61.0 60.2 66.4 70.1 68.1 -1.2 -5.4 -3.5
Production of non-alcoholic beverages and mineral water 37.8 9.2 44.7 33.5 44.7 40.5 36.4 -2.9 15.9 7.4
Production of tobacco products 70.9 33.2 73.5 71.8 71.5 69.0 72.1 1.8 4.9 7.1
Production of tobacco products 70.9 33.2 73.5 71.8 71.5 69.0 72.1 1.8 4.9 7.1
Textile 45.4 14.4 47.5 44.3 49.1 52.2 56.1 2.6 10.7 12.4
Yarn making 78.7 40.3 79.8 76.2 82.3 85.6 89.7 2.2 10.6 13.4
Production of woven fabrics -6.5 -19.9 3.4 -1.6 2.3 4.6 11.3 6.4 12.6 11.3
Production of ready-made garments (except costumes) -43.4 -60.9 -44.5 -44.3 -44.0 -41.7 -41.1 0.9 8.8 1.2
Production of costumes 41.3 9.6 39.1 39.0 44.3 49.0 54.2 3.5 9.8 6.2
Sewing costumes (except costumes made from fur) 41.3 9.6 39.1 39.0 44.3 49.0 54.2 3.5 9.8 6.2
Manufacture of leather and related products 68.5 24.2 62.7 66.9 79.7 78.3 85.2 3.8 17.0 9.8
Producing shoes 68.5 24.2 62.7 66.9 79.7 78.3 85.2 3.8 17.0 9.8
Wood processing and production of products from wood, bamboo (except beds, cabinets, tables, chairs); manufacturing products from straw and plaiting materials 2.5 -31.8 3.3 6.2 9.8 10.5 12.5 1.8 4.2 10.9
Sawing, sawing, planing wood and preserving wood -0.7 -34.4 3.1 7.6 9.1 9.3 9.9 0.6 -3.4 8.0
Production of plywood, veneer, plywood and other thin boards 8.4 -26.9 3.7 3.4 11.1 12.7 17.2 4.0 21.0 16.5
Production of paper and paper products 48.1 12.2 50.4 51.1 56.0 52.2 55.1 1.9 2.9 8.3
Production of wrinkled paper, wrinkled cardboard, packaging from paper and cardboard 26.6 -7.5 23.1 21.1 24.9 26.9 29.7 2.2 -4.5 3.7
Production of other products from paper and cardboard not classified elsewhere 86.0 46.9 98.6 104.2 110.9 97.0 100.0 1.5 12.9 13.9
Print and copy records of all types 109.3 58.9 99.0 97.3 108.9 112.5 116.5 1.9 5.6 10.2
Printing 156.1 98.1 139.9 150.7 161.6 167.2 172.4 2.0 2.2 6.7
Services related to printing 21.0 -15.0 21.9 -3.4 9.7 9.4 11.2 1.6 24.3 28.4
Production of coke and refined petroleum products 190.3 184.9 122.0 93.4 192.1 206.5 211.8 1.7 18.0 8.6
Production of coke -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 1.8 1.4 7.9
Production of refined petroleum products 182.5 178.1 114.4 86.0 184.6 198.9 204.0 1.7 18.5 8.6
Production of chemicals and chemical products 73.4 35.3 31.2 30.4 36.5 41.9 42.6 0.5 9.0 17.3
Production of fertilizers and nitrogen compounds 3.3 0.4 2.1 10.3 14.1 13.4 7.8 -5.0 -0.3 13.1
Production of plastic and synthetic rubber in primary forms 505.6 337.8 184.0 180.6 194.1 231.5 243.4 3.6 6.1 23.6
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 -20.5 0.9 4.6 13.1
Production of cosmetics, soaps, detergents, polishes and hygiene products 42.1 14.3 48.7 43.9 52.3 54.0 56.0 1.3 26.7 18.3
Manufacture of other unclassified chemical products -7.0 -35.0 -0.3 -4.4 1.1 -3.3 -2.1 1.3 11.6 9.0
Production of drugs, pharmaceutical chemicals and medicinal materials 82.4 20.8 50.6 49.7 58.4 45.3 46.1 0.6 17.1 9.6
Production of drugs, pharmaceutical chemicals and medicinal materials 82.4 20.8 50.6 49.7 58.4 45.3 46.1 0.6 17.1 9.6
Manufacture of products from rubber and plastic 58.4 12.4 53.1 57.5 67.8 66.1 71.0 3.0 26.2 28.7
Manufacture of products from plastic 58.4 12.4 53.1 57.5 67.8 66.1 71.0 3.0 26.2 28.7
Manufacture of products from other non-metallic minerals 60.8 26.9 81.4 87.4 78.9 73.1 74.0 0.5 3.6 -1.8
Production of construction materials from clay -23.1 -42.2 -15.7 -1.4 3.0 -0.2 -0.5 -0.3 8.5 -1.1
Producing cement, lime, and plaster 114.0 74.1 148.4 151.7 133.3 123.8 127.9 1.8 3.0 -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 -0.9 3.7
Metal production 233.1 208.9 233.0 241.1 270.5 274.2 292.3 4.8 12.5 12.8
Producing iron, steel, and cast iron 233.1 208.9 233.0 241.1 270.5 274.2 292.3 4.8 12.5 12.8
Manufacture of products from prefabricated metal (except machinery and equipment) 46.6 29.6 68.4 72.6 89.5 85.8 88.2 1.3 13.3 13.0
Production of metal structures 63.7 59.1 119.2 122.8 153.9 151.7 153.7 0.8 16.0 14.9
Mechanical; Metal treatment and coating 85.4 57.4 81.8 94.9 99.8 97.0 99.6 1.3 11.0 5.5
Manufacture of other uncategorized metal products 13.8 -12.4 8.7 10.2 16.5 10.7 13.5 2.5 8.7 13.8
Manufacture of electronic products, computers and optical products 101.1 72.7 101.2 109.5 111.7 132.9 122.6 -4.5 15.3 11.1
Production of electronic components 284.2 211.4 230.7 302.5 270.3 238.2 243.5 1.6 18.7 10.3
Production of communication equipment 63.6 44.5 71.4 69.9 77.9 108.9 93.4 -7.4 13.9 11.4
Producing consumer electronic products 226.9 164.1 237.0 240.9 239.5 241.2 268.8 8.1 19.2 10.1
Manufacture of electrical equipment 28.4 12.0 38.4 36.6 42.1 26.6 23.7 -2.3 -10.5 12.5
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 -4.8 0.5
Production of batteries and accumulators 67.5 99.9 126.1 102.9 86.4 10.5 -16.7 -24.6 -65.5 23.3
Manufacture of cables, wires and other electronics 17.6 -7.0 13.0 16.4 19.3 16.4 18.5 1.8 19.7 17.0
Production of household electrical appliances 83.2 48.6 87.1 92.0 133.4 128.5 137.9 4.1 12.5 7.4
Production of machinery and equipment has not been classified elsewhere 75.5 22.4 60.5 67.4 65.0 67.5 66.3 -0.7 11.4 4.7
Manufacture of pumps, compressors, faucets and other valves 43.7 7.8 53.5 51.5 55.8 57.2 56.5 -0.4 20.7 11.9
Manufacture of lifting, lowering and loading equipment 20.8 -25.8 42.1 63.9 20.5 53.2 33.4 -12.9 14.1 -1.4
Manufacture of machinery and office equipment (except computers and computer peripherals) -16.2 -36.8 -12.9 -12.3 -4.4 1.7 -4.5 -6.0 2.8 -6.3
Manufacture of other common machines 12.6 -21.5 55.7 51.9 94.4 74.4 51.0 -13.4 19.2 7.1
Manufacturing machines for the textile, garment and leather industries -12.9 -36.7 5.7 10.5 21.7 27.0 37.3 8.1 38.6 16.1
Manufacture of other specialized machines 548.5 347.5 330.0 348.3 320.8 289.8 337.7 12.3 4.4 8.4
Manufacture of motor vehicles 92.5 37.6 98.6 99.8 105.8 103.8 107.6 1.9 25.6 6.4
Manufacture of motor vehicles 61.6 5.0 71.2 82.0 75.5 81.2 79.9 -0.8 33.9 -0.2
Manufacture of spare parts and accessories for motor vehicles and vehicle engines 140.8 88.5 141.6 127.6 153.0 139.1 150.9 5.0 17.4 14.8
Manufacture of other means of transport 6.7 -32.0 0.5 3.6 4.6 3.7 18.8 14.5 32.4 1.6
Manufacture of motorbikes and motorbikes 6.7 -32.0 0.5 3.6 4.6 3.7 18.8 14.5 32.4 1.6
Production of beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -2.1 14.7 32.4 21.5
Production of beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 -2.1 14.7 32.4 21.5
Other processing and manufacturing industries 46.5 5.8 34.8 35.9 39.7 50.1 52.7 1.7 4.4 3.2
Production of toys and games 112.4 33.5 71.0 59.5 65.6 85.2 87.1 1.0 -13.9 -2.7
Manufacture of medical, dental, orthopedic and rehabilitation equipment and instruments 48.2 26.9 34.3 38.8 44.0 49.5 55.0 3.7 14.6 8.6
Other production not yet classified 20.5 -17.4 21.3 25.2 27.2 37.1 38.1 0.8 10.0 2.9
Repair, maintenance and installation of machinery and equipment -21.9 -43.1 -32.9 -23.2 -13.2 -9.0 -5.8 3.5 26.0 -2.9
Repair of machinery and equipment 33.7 24.1 19.1 59.1 70.5 45.8 57.2 7.8 6.9 -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 -0.5 62.5 20.0
Installation of machinery and industrial equipment -34.4 -58.5 -42.4 -40.9 -34.8 -34.8 -32.8 3.1 21.6 -6.1
Production and distribution of electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 136.2 2.3 9.9 12.4
Production and distribution of electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 131.0 136.2 2.3 9.9 12.4
Production, transmission and distribution of electricity 97.9 67.8 112.4 121.5 132.1 131.0 136.2 2.3 9.9 12.4
Water supply; waste and wastewater management and treatment activities 56.5 47.6 63.1 69.2 68.6 75.1 76.2 0.6 12.1 7.2
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 65.6 0.7 8.1 6.2
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 64.4 65.6 0.7 8.1 6.2
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 45.9 -4.0 11.2 6.7
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 52.0 45.9 -4.0 11.2 6.7
Waste collection, treatment and destruction activities; scrap recycling 66.6 53.8 87.4 85.5 82.3 96.1 98.6 1.3 17.6 8.7
Collection of non-hazardous waste 46.7 41.9 48.8 55.6 67.7 75.2 76.1 0.5 11.1 10.2
Scrap recycling 115.6 83.3 182.4 159.2 118.3 147.4 154.0 2.6 30.6 6.3

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

Industry January February March April May June June 2024 vs May 2024 June 2024 vs June 2023 Jan-Jun 2024 vs Jan-Jun 2023
Total 56.0 28.3 55.5 58.3 65.1 66.2 0.7 10.9 7.7
Extractive -24.7 -35.1 -20.5 -22.1 -22.2 -24.2 -2.6 -7.7 -5.5
Mining hard coal and lignite 40.8 5.7 48.1 43.6 52.8 41.4 -7.5 1.3 0.0
Mining and collecting hard coal 40.8 5.7 48.1 43.6 52.8 41.4 -7.5 1.3 0.0
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 -52.2 1.9 -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 -4.0 1.1 16.7
Iron ore mining -83.6 -85.7 -78.7 -77.3 -78.0 -77.8 1.1 -14.9 -33.5
Mining other metal ores that do not contain iron 7.2 -4.9 21.4 14.1 24.2 18.8 -4.3 2.4 22.8
Other mining 47.1 8.8 44.1 52.2 52.7 45.2 -4.9 -0.8 2.2
Exploitation of stone, sand, gravel and clay 47.1 8.8 44.1 52.2 52.7 45.2 -4.9 -0.8 2.2
Mining and ore mining support service activities -10.2 -15.6 -0.2 -8.7 -16.2 -3.8 14.7 20.8 17.4
Service activities supporting crude oil and natural gas exploitation -10.2 -15.6 -0.2 -8.7 -16.2 -3.8 14.7 20.8 17.4
Manufacturing and processing industry 68.1 36.6 64.7 67.6 75.6 77.3 1.0 12.6 8.5
Food production and processing 21.9 -0.7 20.6 23.6 30.8 36.1 4.0 10.4 6.5
Processing and preserving aquatic products and aquatic products 16.0 -4.4 18.7 19.8 25.7 36.0 8.1 11.4 5.3
Processing and preserving fruits and vegetables 90.3 34.9 73.1 89.6 112.3 119.0 3.1 14.2 16.2
Processing milk and dairy products 22.5 9.6 33.2 31.4 37.5 41.1 2.6 13.5 5.0
Milling and producing raw flour -46.7 -50.5 -36.0 -36.3 -28.7 -29.2 -0.8 -0.9 8.7
Other food production not classified elsewhere 44.4 16.7 49.6 49.2 46.6 49.7 2.2 1.9 -0.1
Producing animal feed, poultry and aquatic products 23.7 1.6 13.6 17.5 23.6 27.7 3.3 12.4 5.5
Beverage production 59.8 27.3 53.4 47.8 56.3 56.0 -0.2 1.7 0.5
Producing beer and fermenting malt 78.8 43.0 61.0 60.2 66.4 62.8 -2.2 -8.8 -3.9
Production of non-alcoholic beverages and mineral water 37.8 9.2 44.7 33.5 44.7 48.1 2.4 19.2 7.0
Production of tobacco products 70.9 33.2 73.5 71.8 71.5 66.3 -3.1 0.5 7.2
Production of tobacco products 70.9 33.2 73.5 71.8 71.5 66.3 -3.1 0.5 7.2
Textile 45.4 14.4 47.5 44.3 49.1 51.8 1.8 11.4 12.6
Yarn making 78.7 40.3 79.8 76.2 82.3 85.5 1.8 13.3 13.9
Production of woven fabrics -6.5 -19.9 3.4 -1.6 2.3 3.5 1.2 2.2 10.9
Production of ready-made garments (except costumes) -43.4 -60.9 -44.5 -44.3 -44.0 -42.5 2.7 4.1 -0.4
Production of costumes 41.3 9.6 39.1 39.0 44.3 50.0 4.0 7.0 5.7
Sewing costumes (except costumes made from fur) 41.3 9.6 39.1 39.0 44.3 50.0 4.0 7.0 5.7
Manufacture of leather and related products 68.5 24.2 62.7 66.9 79.7 83.2 1.9 15.4 9.1
Producing shoes 68.5 24.2 62.7 66.9 79.7 83.2 1.9 15.4 9.1
Wood processing and production of products from wood, bamboo (except beds, cabinets, tables, chairs); manufacturing products from straw and plaiting materials 2.5 -31.8 3.3 6.2 9.8 10.8 1.0 14.8 12.3
Sawing, sawing, planing wood and preserving wood -0.7 -34.4 3.1 7.6 9.1 8.2 -0.8 13.5 10.2
Production of plywood, veneer, plywood and other thin boards 8.4 -26.9 3.7 3.4 11.1 15.7 4.1 17.0 16.3
Production of paper and paper products 48.1 12.2 50.4 51.1 56.0 56.2 0.2 12.2 9.8
Production of wrinkled paper, wrinkled cardboard, packaging from paper and cardboard 26.6 -7.5 23.1 21.1 24.9 28.7 3.1 6.6 5.6
Production of other products from paper and cardboard not classified elsewhere 86.0 46.9 98.6 104.2 110.9 104.9 -2.8 19.2 14.9
Print and copy records of all types 109.3 58.9 99.0 97.3 108.9 112.5 1.7 8.4 11.0
Printing 156.1 98.1 139.9 150.7 161.6 166.1 1.7 3.7 7.5
Services related to printing 21.0 -15.0 21.9 -3.4 9.7 11.5 1.6 36.5 29.5
Production of coke and refined petroleum products 190.3 184.9 122.0 93.4 192.1 203.7 4.0 13.0 6.7
Production of coke -100.0 -100.0 -100.0 -100.0 -100.0 -100.0 -0.8 4.0 8.7
Production of refined petroleum products 182.5 178.1 114.4 86.0 184.6 196.3 4.1 13.2 6.6
Production of chemicals and chemical products 73.4 35.3 31.2 30.4 36.5 39.4 2.1 9.7 18.5
Production of fertilizers and nitrogen compounds 3.3 0.4 2.1 10.3 14.1 8.3 -5.1 3.9 14.8
Production of plastic and synthetic rubber in primary forms 505.6 337.8 184.0 180.6 194.1 214.8 7.0 0.5 25.9
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 -21.5 4.6 17.5 14.7
Production of cosmetics, soaps, detergents, polishes and hygiene products 42.1 14.3 48.7 43.9 52.3 57.5 3.4 26.0 17.4
Manufacture of other unclassified chemical products -7.0 -35.0 -0.3 -4.4 1.1 0.8 -0.3 11.3 9.4
Production of drugs, pharmaceutical chemicals and medicinal materials 82.4 20.8 50.6 49.7 58.4 65.7 4.6 12.3 10.9
Production of drugs, pharmaceutical chemicals and medicinal materials 82.4 20.8 50.6 49.7 58.4 65.7 4.6 12.3 10.9
Manufacture of products from rubber and plastic 58.4 12.4 53.1 57.5 67.8 64.8 -1.8 34.1 29.0
Manufacture of products from plastic 58.4 12.4 53.1 57.5 67.8 64.8 -1.8 34.1 29.0
Manufacture of products from other non-metallic minerals 60.8 26.9 81.4 87.4 78.9 83.4 2.5 5.6 -1.7
Production of construction materials from clay -23.1 -42.2 -15.7 -1.4 3.0 6.5 3.4 9.9 -1.4
Producing cement, lime, and plaster 114.0 74.1 148.4 151.7 133.3 140.0 2.8 6.2 -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 -10.1 2.4
Metal production 233.1 208.9 233.0 241.1 270.5 268.4 -0.6 11.9 12.6
Producing iron, steel, and cast iron 233.1 208.9 233.0 241.1 270.5 268.4 -0.6 11.9 12.6
Manufacture of products from prefabricated metal (except machinery and equipment) 46.6 29.6 68.4 72.6 89.5 87.5 -1.1 18.1 13.1
Production of metal structures 63.7 59.1 119.2 122.8 153.9 146.5 -2.9 15.9 14.3
Mechanical; Metal treatment and coating 85.4 57.4 81.8 94.9 99.8 108.5 4.3 16.9 5.6
Manufacture of other uncategorized metal products 13.8 -12.4 8.7 10.2 16.5 16.2 -0.2 24.1 15.7
Manufacture of electronic products, computers and optical products 101.1 72.7 101.2 109.5 111.7 113.5 0.8 20.3 8.6
Production of electronic components 284.2 211.4 230.7 302.5 270.3 236.4 -9.2 23.1 8.9
Production of communication equipment 63.6 44.5 71.4 69.9 77.9 86.2 4.7 20.6 8.6
Producing consumer electronic products 226.9 164.1 237.0 240.9 239.5 227.1 -3.7 11.2 7.8
Manufacture of electrical equipment 28.4 12.0 38.4 36.6 42.1 30.3 -8.3 -6.5 17.8
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 -1.1 1.0
Production of batteries and accumulators 67.5 99.9 126.1 102.9 86.4 26.0 -32.4 -49.3 55.6
Manufacture of cables, wires and other electronics 17.6 -7.0 13.0 16.4 19.3 18.0 -1.1 20.6 16.8
Production of household electrical appliances 83.2 48.6 87.1 92.0 133.4 134.4 0.4 8.0 7.0
Production of machinery and equipment has not been classified elsewhere 75.5 22.4 60.5 67.4 65.0 69.6 2.8 4.0 3.3
Manufacture of pumps, compressors, faucets and other valves 43.7 7.8 53.5 51.5 55.8 53.5 -1.5 14.2 10.0
Manufacture of lifting, lowering and loading equipment 20.8 -25.8 42.1 63.9 20.5 44.8 20.2 0.0 -6.8
Manufacture of machinery and office equipment (except computers and computer peripherals) -16.2 -36.8 -12.9 -12.3 -4.4 1.3 6.0 2.7 -7.9
Manufacture of other common machines 12.6 -21.5 55.7 51.9 94.4 75.3 -9.8 8.2 5.4
Manufacturing machines for the textile, garment and leather industries -12.9 -36.7 5.7 10.5 21.7 23.7 1.7 27.5 11.4
Manufacture of other specialized machines 548.5 347.5 330.0 348.3 320.8 323.5 0.6 -2.1 10.3
Manufacture of motor vehicles 92.5 37.6 98.6 99.8 105.8 99.5 -3.1 -2.2 3.2
Manufacture of motor vehicles 61.6 5.0 71.2 82.0 75.5 72.5 -1.7 -12.1 -5.5
Manufacture of spare parts and accessories for motor vehicles and vehicle engines 140.8 88.5 141.6 127.6 153.0 141.7 -4.5 11.9 14.6
Manufacture of other means of transport 6.7 -32.0 0.5 3.6 4.6 3.6 -1.0 10.4 -3.0
Manufacture of motorbikes and motorbikes 6.7 -32.0 0.5 3.6 4.6 3.6 -1.0 10.4 -3.0
Production of beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 0.5 19.3 19.8
Production of beds, cabinets, tables, chairs 13.6 -31.1 -7.0 -3.4 -15.2 -14.7 0.5 19.3 19.8
Other processing and manufacturing industries 46.5 5.8 34.8 35.9 39.7 48.0 5.9 0.2 2.7
Production of toys and games 112.4 33.5 71.0 59.5 65.6 74.4 5.3 -15.6 -1.4
Manufacture of medical, dental, orthopedic and rehabilitation equipment and instruments 48.2 26.9 34.3 38.8 44.0 49.7 3.9 6.5 7.6
Other production not yet classified 20.5 -17.4 21.3 25.2 27.2 36.8 7.6 5.6 1.6
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 equipment 33.7 24.1 19.1 59.1 70.5 53.7 -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 -1.3 2.2
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 conditioning 97.9 67.8 112.4 121.5 132.1 132.9 0.3 13.7 13.0
Production and distribution of electricity, gas, hot water, steam and air conditioning 97.9 67.8 112.4 121.5 132.1 132.9 0.3 13.7 13.0
Production, transmission and distribution of electricity 97.9 67.8 112.4 121.5 132.1 132.9 0.3 13.7 13.0
Water supply; waste and wastewater management and treatment activities 56.5 47.6 63.1 69.2 68.6 73.8 3.1 8.0 6.3
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 68.0 2.3 6.8 6.3
Water exploitation, treatment and supply 53.0 49.2 53.0 64.2 64.2 68.0 2.3 6.8 6.3
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 43.3 5.4 1.8 4.7
Drainage and wastewater treatment 33.7 8.4 21.0 29.7 35.9 43.3 5.4 1.8 4.7
Waste collection, treatment and destruction activities; scrap recycling 66.6 53.8 87.4 85.5 82.3 89.2 3.8 10.8 6.5
Collection of non-hazardous waste 46.7 41.9 48.8 55.6 67.7 70.5 1.7 8.4 9.5
Scrap recycling 115.6 83.3 182.4 159.2 118.3 135.1 7.7 15.5 2.0

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

Industry May 2024 vs April 2024 May 2024 vs May 2023 Jan-May 2024 vs Jan-May 2023
The whole industry 6.1 8.9 6.8
Extractive -1.0 -9.4 -5.2
Mining hard coal and lignite 2.0 -3.7 -1.3
Mining and collecting hard coal 2.0 -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 -1.9 26.9 18.2
Iron ore mining 0.4 -11.3 -35.9
Mining other metal ores that do not contain iron -2.8 31.4 25.3
Other mining 3.1 7.4 3.3
Exploitation of stone, sand, gravel and clay 3.1 7.4 3.3
Mining and ore mining support service activities -3.4 7.7 17.8
Service activities supporting crude oil and natural gas exploitation -3.4 7.7 17.8
Manufacturing and processing industry 6.1 10.6 7.3
Food production and processing 5.5 6.1 5.4
Processing and preserving aquatic products and aquatic products 9.9 8.8 4.7
Processing and preserving fruits and vegetables -0.3 7.8 13.7
Processing milk and dairy products 5.4 4.6 3.1
Milling and producing raw flour 2.2 13.7 9.2
Other food production not classified elsewhere 5.2 0.4 0.6
Producing animal feed, poultry and aquatic products 5.3 4.2 3.9
Beverage production 6.9 4.4 0.0
Producing beer and fermenting malt 3.1 -0.7 -3.2
Production of non-alcoholic beverages and mineral water 11.4 11.8 4.7
Production of tobacco products -4.6 3.8 8.1
Textile 3.5 7.9 12.7
Yarn making 4.5 9.3 13.9
Production of woven fabrics 2.2 2.3 12.5
Production of ready-made garments (except costumes) 0.4 1.1 -1.3
Production of costumes 5.6 9.4 5.4
Sewing costumes (except costumes made from fur) 5.6 9.4 5.4
Manufacture of leather and related products 9.6 9.6 7.3
Producing shoes 9.6 9.6 7.3
Wood processing and production of products from wood, bamboo (except beds, cabinets, tables, chairs); manufacturing products from straw and plaiting materials 2.0 23.0 11.4
Sawing, sawing, planing wood and preserving wood 0.3 25.5 9.2
Production of plywood, veneer, plywood and other thin boards 5.1 18.4 15.5
Production of paper and paper products -1.6 6.2 8.3
Production of wrinkled paper, wrinkled cardboard, packaging from paper and cardboard -0.4 0.0 4.6
Production of other products from paper and cardboard not classified elsewhere -3.7 13.8 12.7
Print and copy records of all types 6.3 7.2 10.9
Printing 5.7 3.1 7.7
Services related to printing 7.5 31.1 26.8
Production of coke and refined petroleum products 97.8 8.6 5.2
Production of coke 0.0 1.7 9.5
Production of refined petroleum products 97.7 8.8 5.1
Production of chemicals and chemical products 4.1 6.2 20.1
Production of fertilizers and nitrogen compounds 1.8 2.2 16.8
Production of plastic and synthetic rubber in primary forms 21.5 0.1 31.9
Production of paints, varnishes and similar paints and coatings; production of printing ink and mastics 2.0 17.4 14.0
Production of cosmetics, soaps, detergents, polishes and hygiene products -1.6 13.6 14.0
Manufacture of other unclassified chemical products 4.1 8.6 8.6
Production of drugs, pharmaceutical chemicals and medicinal materials -9.8 -2.7 7.9
Production of drugs, pharmaceutical chemicals and medicinal materials -9.8 -2.7 7.9
Manufacture of products from rubber and plastic 7.0 24.1 27.4
Manufacture of products from plastic 7.0 24.1 27.4
Manufacture of products from other non-metallic minerals 4.3 1.0 -1.7
Production of construction materials from clay 6.5 0.8 -3.5
Producing cement, lime, and plaster 4.0 2.1 -1.7
Production of concrete and products from cement and plaster 0.6 -12.5 3.2
Metal production 27.0 6.8 13.2
Producing iron, steel, and cast iron 27.0 6.8 13.2
Manufacture of products from prefabricated metal (except machinery and equipment) 8.0 16.4 10.8
Production of metal structures 13.8 14.7 12.2
Mechanical; Metal treatment and coating 5.2 19.2 3.4
Manufacture of other uncategorized metal products 2.8 18.5 13.3
Manufacture of electronic products, computers and optical products -2.4 17.4 5.8
Production of electronic components -8.6 15.4 8.0
Production of communication equipment -1.9 18.9 4.9
Producing consumer electronic products 6.1 13.4 7.6
Manufacture of electrical equipment 4.2 19.4 24.0
Manufacture of motors, generators, electrical transformers, electrical distribution and control equipment 1.1 -10.6 1.7
Production of batteries and accumulators 10.4 97.1 117.6
Manufacture of cables, wires and other electronics 4.0 17.6 16.2
Production of household electrical appliances 3.6 3.7 2.4
Production of machinery and equipment has not been classified elsewhere 4.3 12.6 4.0
Manufacture of pumps, compressors, faucets and other valves 1.2 13.5 8.7
Manufacture of lifting, lowering and loading equipment -18.0 5.3 -4.4
Manufacture of machinery and office equipment (except computers and computer peripherals) 8.0 21.0 -10.1
Manufacture of other common machines 40.6 15.6 4.4
Manufacturing machines for the textile, garment and leather industries 9.7 19.1 7.7
Manufacture of other specialized machines -2.2 11.1 13.9
Manufacture of motor vehicles 1.1 7.3 3.8
Manufacture of motor vehicles -6.4 3.7 -4.0
Manufacture of spare parts and accessories for motor vehicles and vehicle engines 12.8 11.8 13.9
Manufacture of other means of transport 2.8 -5.2 -5.1
Manufacture of motorbikes and motorbikes 2.8 -5.2 -5.1
Production of beds, cabinets, tables, chairs -12.8 18.8 19.6
Production of beds, cabinets, tables, chairs -12.8 18.8 19.6
Other processing and manufacturing industries 4.9 5.3 3.4
Production of toys and games 0.0 -5.8 1.4
Manufacture of medical, dental, orthopaedic and rehabilitation equipment and instruments 7.2 9.1 8.1
Other production not yet classified 5.4 8.7 1.3
Repair, maintenance and installation of machinery and equipment 4.8 1.9 -11.9
Repair of machinery and equipment 1.3 8.9 -17.3
Repair and maintenance of means of transport (except cars, motorbikes, motorbikes and other motor vehicles) 12.9 8.1 2.9
Installation of machinery and industrial equipment -0.8 -11.4 -14.0
Production and distribution of electricity, gas, hot water, steam and air conditioning 8.6 11.4 12.7
Production and distribution of electricity, gas, hot water, steam and air conditioning 8.6 11.4 12.7
Production, transmission and distribution of electricity 8.6 11.4 12.7
Water supply; waste and wastewater management and treatment activities 2.8 7.4 6.3
Water exploitation, treatment and supply 1.4 6.5 6.4
Water exploitation, treatment and supply 1.4 6.5 6.4
Drainage and wastewater treatment 3.6 10.3 4.8
Drainage and wastewater treatment 3.6 10.3 4.8
Waste collection, treatment and destruction activities; scrap recycling 4.6 8.2 6.3
Collection of non-hazardous waste 11.0 8.8 9.2
Scrap recycling -11.0 7.3 2.2

Source: General Office of Statistics