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Vietnam’s Industrial Production Index up 9.5 percent year-on-year

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.

See also: Vietnam Industrial Productions Index Tracker: August 2024 [data set]

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