Vietnam: Industrial production growth accelerates in May
Industrial production rose 10.0% in annual terms in May, up from April’s 9.3% increase. May’s reading was driven by strong expansions in the manufacturing, electricity and water supply subsectors. In contrast, the mining and quarrying subsector declined year-on-year.
Annual average growth in industrial output edged up to 10.4% in May from 10.1% in April.