In October, industrial output expanded 5.7% over the same month last year, which was almost half the 9.7% increase observed in September. The moderation was driven by a contraction in mining and quarrying (October: -1.2% year-on-year; September: +8.9% yoy) and slower growth in manufacturing (October: +6.9% yoy; September: +9.6% yoy). In contrast, electricity, gas and water as well as water supply and waste management accelerated compared to the previous month. A month-on-month comparison, however, does not corroborate the deceleration suggested by the annual data, as industrial production expanded a seasonally adjusted 5.8% over the previous month, which was above the 4.6% increase recorded in September.
Industrial production decelerates in October
October 28, 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
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.
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.
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.