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Vietnam Industrial production May 2024

Vietnam: Industrial output growth gains steam in May

Industrial output grew 8.9% year on year in May (April: +6.3% yoy). May’s notable improvement was partly due to faster growth in manufacturing production. In addition, electricity production gained steam.

Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 5.0% in May, up from April’s 4.3%.

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