In April, industrial production grew 7.5% over the same month last year, up from the 6.5% increase recorded in March. The reading reflected an acceleration in manufacturing along with a rebound in mining and quarrying, which recovered from a contraction in March. In contrast, electricity, gas and water supply grew at a slower pace compared to the previous month. A month-on-month comparison does not corroborate the improvement suggested by the annual data, as industrial production expanded a seasonally adjusted 1.5% over the previous month, which was well below the 10.2% rise experienced in March.
Industrial production accelerates in April
April 25, 2012
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Vietnam Industry Chart
Note: Year-on-year variation of industrial production index in %.
Source: General Statistics Office of Vietnam (GSO).
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.