Vietnam's industrial production rose by 10.4 percent year-on-year in May 2022, slowing from after an upwardly revised 11.1 percent gain a month earlier while pointing to the seventh straight month of increases. Output growth moderated for both mining (4.2 percent vs 7.9 percent in April) and electricity, gas supply (2.4 percent vs 8.6 percent). At the same time, production grew faster for both manufacturing production (12.1 percent vs 11.7 percent) and water supply and waste treatment (5.5 percent vs 2.7 percent). For the first five months of the year, industrial output advanced 8.3 percent from the same period of 2021. source: General Statistics Office of Vietnam

Industrial Production in Vietnam averaged 8.36 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 June of 2022.

Industrial Production in Vietnam is expected to be 3.10 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
2022-04-29 02:00 AM Apr 9.4% 9.1% 4.6%
2022-05-29 02:00 AM May 10.4% 11.1% 7.5%
2022-06-29 02:00 AM Jun 10.4% 11%


Related Last Previous Unit Reference
Industrial Production 10.40 11.10 percent May 2022
Manufacturing Production 9.60 9.70 percent Mar 2022
Changes in Inventories 166647.00 157661.84 VND Billion Dec 2020
Electricity Production 23300.00 21600.00 Gigawatt-hour May 2022
Mining Production 2.70 2.20 percent Mar 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
10.40 11.10 28.40 -10.50 2009 - 2022 percent Monthly
2015=100, NSA

News Stream
Vietnam Industrial Output Growth Eases
Vietnam's industrial production rose by 10.4 percent year-on-year in May 2022, slowing from after an upwardly revised 11.1 percent gain a month earlier while pointing to the seventh straight month of increases. Output growth moderated for both mining (4.2 percent vs 7.9 percent in April) and electricity, gas supply (2.4 percent vs 8.6 percent). At the same time, production grew faster for both manufacturing production (12.1 percent vs 11.7 percent) and water supply and waste treatment (5.5 percent vs 2.7 percent). For the first five months of the year, industrial output advanced 8.3 percent from the same period of 2021.
2022-05-29
Vietnam Industrial Output Growth at 11-Month High
Vietnam's industrial production rose by 9.4 percent year-on-year in April 2022, after an upwardly revised 9.1 percent gain a month earlier. The latest print was the sixth straight month of increases in industrial output and the steepest pace since May 2021, mainly boosted by a faster rise in manufacturing production (11.3 percent vs 9.6 percent in March), as the economy recovered further from disruptions caused by the COVID-19 pandemic. Meantime, output moderated for mining (2.3 percent vs 2.7 percent), water supply and waste treatment (0.4 percent vs 8.5 percent), and electricity, gas supply (2.8 percent vs 4.8 percent). For the first four months of the year, industrial output advanced 7.5 percent from the same period of 2021.
2022-04-29
Vietnam Industrial Output Growth Slows
Vietnam's industrial production rose by 8.5 percent year-on-year in March 2022, after an upwardly revised 9.2 percent gain which was the steepest pace since last May. The latest print was the fifth straight month of increases in industrial output, amid ongoing COVID-19 pandemic. Output of electricity, gas supply moderated sharply (4.8 percent vs 11.9 percent in January), while manufacturing production growth was little changed (9.6 percent vs 9.7 percent). At the same time, output grew faster for both mining (2.7 percent vs 2.2 percent) and water supply and waste treatment (8.5 percent vs 4.3 percent). For the first three months of the year, industrial output advanced 6.4 percent from the same period of 2021. Last year, industrial production increased by 4.8 percent.
2022-03-29