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Vietnam Industrial production September 2023

Vietnam: Industrial output grows at fastest pace since November 2022 in September

Industrial production increased 5.1% year on year in September (August: +2.6% yoy). September’s result marked the best reading since November 2022. September’s notable pickup was largely driven by faster growth in manufacturing output. In addition, electricity output improved.

Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 1.7% in September, down from August’s 2.4%.

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