Vietnam Industry


Vietnam: Growth in industrial production accelerates in July

August 3, 2015

In July, industrial output rose 11.3% over the same month last year, which marked an acceleration compared to the 11.1% increase recorded in the previous month. July’s reading represented a six-month high. The acceleration was broad-based as all components of the index registered increases over the previous month.

Industrial production in July increased 1.1% over the previous month, which was below the 1.5% rise seen in June. However, annual average growth in industrial production inched up from 9.3% in June to a record breaking 9.7% in July.

FocusEconomics Consensus Forecast participants estimate that industrial output will grow 8.0% in 2015, which is unchanged from last month’s forecast. For 2016, panelists expect that industrial production will expand 7.9%.

Author:, Economist

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Vietnam Industry Chart

Vietnam Industry July 2015

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

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