Vietnam Industry


Industrial production expands in September

In September, industrial output rose 5.6% over the same month last year, which marked an improvement over the 4.4% increase observed in August. The increase was driven by improvements in manufacturing, electricity, gas and water as well as in water supply and waste management.

Industrial production expanded 0.5% over the previous month, which was well below the 2.1% increase recorded in August. Annual average growth in industrial production edged down from 6.3% in August to 5.9% in September.

FocusEconomics Consensus Forecast participants estimate that industrial output will grow 5.6% this year, which is unchanged from last month's forecast. For 2014, panelists expect industrial production to expand 6.9%, which is unchanged from last month's estimate.

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Vietnam Industry Chart

Vietnam Industry September 2013

Note: Year-on-year variation of industrial production index in %.
Source: General Statistics Office of Vietnam (GSO).

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