Vietnam’s industrial production grew 8.8% year-on-year in May 2026, easing from a downwardly revised 9.3% increase in the previous month. The moderation was mainly driven by slower growth in mining and quarrying (6.0% vs. 8.4% in April), electricity and gas supply (8.5% vs. 10.3%), and water supply, waste management, and wastewater treatment (8.7% vs. 16.5%). In contrast, manufacturing activity remained broadly stable, expanding 9.0% compared with 9.1% in April and continuing to underpin overall industrial growth. On a monthly basis, industrial output rose 3.3%, indicating sustained momentum in the sector. For the January–May period, industrial production increased 9.1% from the same period a year earlier, reflecting resilient industrial activity despite the slight slowdown in May. source: General Statistics Office of Vietnam

Industrial Production in Vietnam increased 8.80 percent in May 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 June of 2026.

Industrial Production in Vietnam increased 8.80 percent in May of 2026 over the same month in the previous year. Industrial Production in Vietnam is expected to be 4.00 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 5.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-03 02:00 AM
Industrial Production YoY
Apr 9.9% 7.2% 6.0%
2026-06-03 02:00 AM
Industrial Production YoY
May 8.8% 9.3% 7.6%
2026-07-03 02:00 AM
Industrial Production YoY
Jun 8.8% 4%


Related Last Previous Unit Reference
Changes in Inventories 177463.00 158815.00 VND Billion Dec 2024
Electricity Production 30200.00 28400.00 Gigawatt-hour May 2026
Industrial Production YoY 8.80 9.30 percent May 2026
Manufacturing Production 9.00 9.10 percent May 2026
Mining Production 6.00 8.40 percent May 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
8.80 9.30 28.40 -14.90 2009 - 2026 percent Monthly
2015=100, NSA

News Stream
Vietnam Industrial Output Growth Slows
Vietnam’s industrial production grew 8.8% year-on-year in May 2026, easing from a downwardly revised 9.3% increase in the previous month. The moderation was mainly driven by slower growth in mining and quarrying (6.0% vs. 8.4% in April), electricity and gas supply (8.5% vs. 10.3%), and water supply, waste management, and wastewater treatment (8.7% vs. 16.5%). In contrast, manufacturing activity remained broadly stable, expanding 9.0% compared with 9.1% in April and continuing to underpin overall industrial growth. On a monthly basis, industrial output rose 3.3%, indicating sustained momentum in the sector. For the January–May period, industrial production increased 9.1% from the same period a year earlier, reflecting resilient industrial activity despite the slight slowdown in May.
2026-06-03
Vietnam Industrial Output Growth at 3-Month High
Vietnam’s industrial production rose 9.9% year-on-year in April 2026, accelerating from an upwardly revised 7.2% growth in the previous month and marking the fastest pace since January. Output quickened across most sectors, led by mining and quarrying (7.6% vs 2.1% in March), manufacturing (10.0% vs 7.9%), and electricity and gas supply (10.9% vs 4.6%). In contrast, growth in water supply, waste management, and wastewater treatment eased (7.1% vs 11.2%).On a monthly basis, industrial output increased 3.0%. For the first four months of the year, industrial production gained 9.2% from the same period in 2025.
2026-05-03
Vietnam Industrial Output Growth Quickens Strongly
Vietnam’s industrial production rose 6.9% year-on-year in March 2026, sharply picking up from an upwardly revised 0.6% gain in the previous month, driven by stronger activity as operations resumed after the Lunar New Year holiday. Output growth accelerated significantly in manufacturing (7.5% vs 1.2% in February) and water supply, waste management, and wastewater treatment (12.1% vs 1.0%). At the same time, activity rebounded in mining and quarrying (2.6% vs -4.0%) as well as in electricity and gas supply (4.6% vs -1.2%). On a monthly basis, industrial output surged 18.8%. For the first quarter of the year, industrial production rose 9.0% from the same period in 2025.
2026-04-04