Vietnam Industry


Vietnam: Industry improves in June

June 30, 2014

In June, industrial output rose 6.1% over the same month last year, which was just above the 5.9% increase observed in May. June’s result came on the back of an acceleration in manufacturing, while the rest of the components that make up the index recorded a slowdown.

Industrial production rose 0.50% over the previous month in June, which was down from the 2.00% increase observed in May. Annual average growth in industrial production remained at May’s 6.4%.

FocusEconomics Consensus Forecast participants estimate that industrial output will grow 7.7% in 2014, which is down 0.1 percentage points from last month’s forecast. For 2015, panelists expect that industrial production will expand 8.0%.

Author:, Senior Economist

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Vietnam Industry Chart

Vietnam Industry June 2014

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

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