Vietnam: Industry improves in August
August 28, 2014
In August, industrial output rose 6.7% over the same month last year, which was up from the 6.1% increase recorded in the previous month. August’s result came on the back of a rebound in mining and quarrying as well as an improvement in water supply and waste management.
Industrial production rose 1.90% over the previous month in August, which was well above the 0.50% rise observed in July. Annual average growth in industrial production rose from 6.3% in July to 6.5% in August.
Author: Dirina Mançellari, Senior Economist