Vietnam Industrial Output Growth Accelerates in October

2026-11-03 02:24 By Nicole Aliyah 1 min. read

Vietnam’s industrial production increased by 15.0% year-on-year in October 2026, accelerating from 14.2% in September and marking its strongest growth since January.

The pickup was driven by faster growth in processing and manufacturing (15.7% vs. 15.1% in September) and electricity production and distribution (15.7% vs. 10.4%).

Among manufacturing activities, metal production accelerated (27.3% vs. 20.9%), while growth in electrical equipment manufacturing strengthened (10.1% vs. 4.7%).

In contrast, output growth moderated in electronic products (18.6% vs. 19.8%) and other transport vehicles (14.2% vs. 28.8%).

Meanwhile, growth in the mining industry slowed (4.9% vs. 6.6%), while water supply, waste management and wastewater treatment eased (7.8% vs. 10.9%).

On a monthly basis, production grew by 2.3%.

For the January-October period, industrial production expanded 12.4% from the same period a year earlier.



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Vietnam Industrial Output Growth Accelerates in October
Vietnam’s industrial production increased by 15.0% year-on-year in October 2026, accelerating from 14.2% in September and marking its strongest growth since January. The pickup was driven by faster growth in processing and manufacturing (15.7% vs. 15.1% in September) and electricity production and distribution (15.7% vs. 10.4%). Among manufacturing activities, metal production accelerated (27.3% vs. 20.9%), while growth in electrical equipment manufacturing strengthened (10.1% vs. 4.7%). In contrast, output growth moderated in electronic products (18.6% vs. 19.8%) and other transport vehicles (14.2% vs. 28.8%). Meanwhile, growth in the mining industry slowed (4.9% vs. 6.6%), while water supply, waste management and wastewater treatment eased (7.8% vs. 10.9%). On a monthly basis, production grew by 2.3%. For the January-October period, industrial production expanded 12.4% from the same period a year earlier.
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