Vietnam’s industrial production edged up 1.0% yoy in February 2026, slowing sharply from a downwardly revised 19.4% surge in the previous month and marking the weakest growth since January 2025. The slowdown largely reflected reduced activity during the Lunar New Year holiday, which typically disrupts manufacturing operations. Output growth in the key manufacturing sector eased sharply (2.3% vs 23.6% in January). Meanwhile, production contracted across several other sectors, including mining and quarrying (-5.3% vs 15.8%%), electricity and gas supply (-4.5% vs 16.7%), and water supply, waste management, and wastewater treatment (-5.6% vs 10.6%). On a monthly basis, industrial output dropped 18.4%. Despite the February slowdown, industrial production in the first two months of 2026 still increased 10.4% compared with the same period a year earlier. source: General Statistics Office of Vietnam

Industrial Production in Vietnam increased 1 percent in February of 2026 over the same month in the previous year. Industrial Production in Vietnam averaged 7.98 percent from 2009 until 2026, reaching an all time high of 28.40 percent in January of 2010 and a record low of -14.90 percent in January of 2023. This page provides the latest reported value for - Vietnam Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Industrial Production in Vietnam increased 1 percent in February of 2026 over the same month in the previous year. Industrial Production in Vietnam is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Industrial Production is projected to trend around 5.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-06 02:00 AM
Industrial Production YoY
Jan 21.5% 10.1% 21.0%
2026-03-06 02:00 AM
Industrial Production YoY
Feb 1.0% 19.4% 23.0%
2026-04-06 02:00 AM
Industrial Production YoY
Mar 1.0% 4.5%


Related Last Previous Unit Reference
Changes in Inventories 177463.00 158815.00 VND Billion Dec 2024
Electricity Production 19800.00 24600.00 Gigawatt-hour Feb 2026
Industrial Production YoY 1.00 19.40 percent Feb 2026
Manufacturing Production 2.30 23.60 percent Feb 2026
Mining Production -5.30 10.30 percent Feb 2026


Vietnam Industrial Production
In Vietnam, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 19.40 28.40 -14.90 2009 - 2026 percent Monthly
2015=100, NSA

News Stream
Vietnam Industrial Output Growth at 1-Year Low
Vietnam’s industrial production edged up 1.0% yoy in February 2026, slowing sharply from a downwardly revised 19.4% surge in the previous month and marking the weakest growth since January 2025. The slowdown largely reflected reduced activity during the Lunar New Year holiday, which typically disrupts manufacturing operations. Output growth in the key manufacturing sector eased sharply (2.3% vs 23.6% in January). Meanwhile, production contracted across several other sectors, including mining and quarrying (-5.3% vs 15.8%%), electricity and gas supply (-4.5% vs 16.7%), and water supply, waste management, and wastewater treatment (-5.6% vs 10.6%). On a monthly basis, industrial output dropped 18.4%. Despite the February slowdown, industrial production in the first two months of 2026 still increased 10.4% compared with the same period a year earlier.
2026-03-06
Vietnam Industrial Output Growth Surges to Near 4-Year High
Vietnam’s industrial production surged 21.5% year-on-year in January 2026, sharply accelerating from a 10.1% increase in the previous month and marking the 12th straight month of expansion. The latest reading marked the fastest since April 2021, largely reflecting seasonal factors tied to pre-Lunar New Year production. Output growth strengthened across most sectors, including manufacturing (23.6% vs 10.9% in December), electricity and gas supply (14.1% vs 11.2%), and water supply, waste management, and wastewater treatment (13.6% vs 6.3%). Meanwhile, mining and quarrying picked up sharply (10.3% vs 0.2%). On a monthly basis, industrial output edged down 0.2%, reversing a 0.2% gain in December. In 2025, industrial production rose 9.2% from the prior year.
2026-02-06
Vietnam Industrial Output Grows for 11th Month
Vietnam’s industrial production rose 10.1% year-on-year in December 2025, quickening from a downwardly revised 9.1% increase in the previous month, which had marked the softest pace in three months. The latest result signaled the 11th consecutive month of expansion, driven by a sharp acceleration in electricity and gas output (11.2% vs 5.8% in November). Also, growth in manufacturing output accelerated (10.9% vs 10.5%), while water supply, waste management, and wastewater treatment picked up strongly (6.3% vs 2.1%). However, mining and quarrying activity remained subdued, rising just 0.2% after a 4.1% increase in November. Monthly, industrial production increased by 2.2% in December. For the full year 2025, output expanded 9.2% from the previous year.
2026-01-05