In July, industrial output rose 7.2% over the same month last year, which came in below the 7.4% rise recorded in June. The deceleration came on the back of a slowdown in manufacturing output which more than offset an accelerationFocusEconomics Consensus Forecast participants estimate that industrial output will grow 8.6% in 2016, which is unchanged from last month’s forecast. For 2017, panelists expect that industrial production will also expand 8.6%.
Vietnam Industry July 2016
Growth in industrial production slows in July
July 29, 2016
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Vietnam Industry Chart
Note: Year-on-year variation of industrial production index in %.
Source: General Statistics Office of Vietnam (GSO) and FocusEconomics calculations.
Vietnam Economic News
October 3, 2016
The Nikkei manufacturing Purchasing Managers’ Index (PMI) increased from August’s 52.2 to 52.9 in September and reached a 16-month high.
October 3, 2016
In Q3 2016, GDP expanded 6.4% over the same period of the previous year, according to data released by the General Statistics Office (GSO) of Vietnam.
September 29, 2016
In September, industrial output rose 7.6% over the same month last year, which was above the 7.3% rise recorded in August.
September 1, 2016
The Nikkei manufacturing Purchasing Managers’ Index (PMI) climbed up from July’s 51.9 to 52.2 in August, reflecting a modest improvement in the operating conditions in the manufacturing sector.
August 29, 2016
In August, industrial output rose 7.3% over the same month last year, which was just a notch above the 7.2% rise recorded in July.