Vietnam's industrial production dropped by 5.5 percent year-on-year in September 2021, after a revised 7.8 percent decline a month earlier. This was the third straight month of fall in industrial output, amid ongoing COVID-19 infections, with manufacturing output falling at a softer rate (-4.9 percent vs -9.3 in August). Meantime, production decreased much faster for mining (-7.1 percent vs -2.8 percent), water supply and waste treatment (-9.6 percent vs -1.9 percent), and electricity, gas supply (-2 percent vs -0.1 percent). Considering the first nine months of the year, industrial output expanded 4.1 percent over the same period of 2020. source: General Statistics Office of Vietnam
Industrial Production in Vietnam averaged 8.45 percent from 2009 until 2021, reaching an all time high of 28.40 percent in January of 2010 and a record low of -10.50 percent in April of 2020. 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 October of 2021.
Industrial Production in Vietnam is expected to be -9.90 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 6.90 percent in 2022, according to our econometric models.