Vietnam: Industrial production picks up in April
April 29, 2017
In April, industrial production rose 7.4% over the same month last year, which was up from the 5.5% rise in March. Looking at the sub-components of industrial production, manufacturing output rose a solid 11.1% in April, while mining and quarrying output still contracted, though at a softer pace than in March.
In month-on-month terms, industrial production slipped 0.8% in April (March: +12.5% mom). Meanwhile, the annual average growth of industrial production was stable at 7.4% in April.