Vietnam's industrial production rose by 15.6 percent year-on-year in August 2022, the most since January 2021, after a downwardly revised 9.5 percent growth a month earlier. The latest figure also pointed to the tenth straight month of increases in industrial output, as the economy reopened further in the wake of COVID-19 disruptions. Output growth accelerated for both manufacturing (16.2 percent vs 11.1 in July) and electricity, and gas supply (14.8 percent vs 6.2 percent), while there was a sharp rebound in production of mining output (10.2 percent vs -2.8 percent) on the back of a further increase in water supply and waste treatment (11.0 percent vs 12.1 percent). Considering the first eight months of the year, industrial production expanded 9.4 percent from the same period in 2021. source: General Statistics Office of Vietnam

Industrial Production in Vietnam averaged 8.44 percent from 2009 until 2022, 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 September of 2022.

Industrial Production in Vietnam is expected to be 11.00 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 2023, according to our econometric models.

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Vietnam Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-07-29 02:00 AM Jul 11.2% 9.1% 10.4%
2022-08-29 02:00 AM Aug 15.6% 9.5% 10.9%
2022-09-29 02:00 AM Sep 15.6% 14%


Related Last Previous Unit Reference
Industrial Production 15.60 9.50 percent Aug 2022
Manufacturing Production 13.10 11.00 percent Jun 2022
Changes in Inventories 148762.62 166647.00 VND Billion Dec 2021
Electricity Production 23900.00 24200.00 Gigawatt-hour Aug 2022
Mining Production 3.30 3.90 percent Jun 2022

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
15.60 9.50 28.40 -10.50 2009 - 2022 percent Monthly
2015=100, NSA

News Stream
Vietnam Industrial Output Growth at 16-Month Peak
Vietnam's industrial production rose by 15.6 percent year-on-year in August 2022, the most since January 2021, after a downwardly revised 9.5 percent growth a month earlier. The latest figure also pointed to the tenth straight month of increases in industrial output, as the economy reopened further in the wake of COVID-19 disruptions. Output growth accelerated for both manufacturing (16.2 percent vs 11.1 in July) and electricity, and gas supply (14.8 percent vs 6.2 percent), while there was a sharp rebound in production of mining output (10.2 percent vs -2.8 percent) on the back of a further increase in water supply and waste treatment (11.0 percent vs 12.1 percent). Considering the first eight months of the year, industrial production expanded 9.4 percent from the same period in 2021.
2022-08-29
Vietnam Industrial Output Growth at 14-Month Peak
Vietnam's industrial production rose by 11.2 percent year-on-year in July 2022, the most since May 2021, after a downwardly revised 9.1 percent growth a month earlier. The latest figure also pointed to the ninth straight month of increases in industrial output, as the economy reopened further in the wake of COVID-19 disruptions. Output growth accelerated for most components, including manufacturing (12.8 percent vs 9.9 in June), electricity, gas supply (8.7 percent vs 5.5 percent), and waste treatment (9.2 percent vs 6.3 percent). In contrast, mining output fell 1.5 percent, reversing from a 5.1 percent growth in June. Considering the first seven months of the year, industrial production expanded 8.8 percent from the same period in 2021.
2022-07-29
Vietnam Industrial Output Growth at 13-Month High
Vietnam's industrial production rose by 11.5 percent year-on-year in June 2022, the most since May 2021, after a downwardly revised 9.5 percent growth a month earlier. The latest figure also pointed to the eighth straight month of increases in industrial output, as the economy reopened further in the wake of COVID-19 disruptions. Manufacturing production grew faster (13.1 percent vs 11.0 in May), as did with electricity, gas supply (6.3 percent vs 2.4 percent) and waste treatment (8.5 percent vs 5.5 percent). Meantime, mining output continued to increase (3.3 percent vs 3.9 percent in May). Considering the first half of the year, industrial production expanded 8.7 percent from the same period of 2021.
2022-06-29