This is per General Office of Statistics data and despite the manufacturing sector experiencing a broad downturn in response to lower demand for Vietnam’s exports, VN Express is reporting. Conversely, S&P Global’s Purchasing Manager’s Index has found the sector to be in contraction for most of this year.

The index recorded growth in production in:

rubber and plastic products of 9.5 percent,
tobacco of 9.1 percent,
prefabricated metal products except machinery and equipment of 8.7 percent,
metal ore exploitation of 6.3 percent;
food processing and production of 6.1 percent,
chemicals and chemical products of 5.9 percent, and
water exploitation, treatment and supply of 5.3 percent.

It also recorded a decrease in production of:

other means of transport of 7.3 percent;
motor vehicles of 4.1 percent;
crude oil and natural gas exploitation of 4 percent,
other non-metallic minerals of 3.7 percent, and
paper and paper products of 2.7 percent.

Your support keeps this site independent and objective.
If you find value in this work, please consider making a contribution.

$2/mo $5/mo $10/mo One-time

Need more convincing?

Our content is free because we believe a rising tide lifts all boats.

By making accurate, independent information accessible to everyone, we help create a more informed, resilient, and empowered business community.

When businesses, investors, policymakers, and everyday readers all have access to clear, unbiased analysis, it leads to better decisions, fairer opportunities, and stronger economic outcomes for all.

That said, while our content is free to read, it costs money to create.

Behind every article is careful research, fact-checking, and expert analysis — all of which require time, skill, and resources.

If you can spare a couple of dollars, your support helps ensure that reliable, unbiased information remains accessible to all.