Industrial production grows 8.6% in first seven months of 2025
The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
Vietnam’s Index of Industrial Production (IIP) maintained strong momentum with a yearly growth of 8.6% in the first seven months of 2025, according to the National Statistics Office (NSO).
The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
Electricity production and distribution increased by 4.6%, contributing 0.4 percentage points, while the water supply, waste, and wastewater management sector grew by 10.4%, adding 0.1 percentage points to the index.
In contrast, the mining sector contracted by 2.7%, dragging the overall index down by 0.4 percentage points.
Several key industries recorded robust year-on-year growth, including motor vehicle production (up 30%); rubber and plastic products (17%); garment (15%); furniture manufacturing (11%); and electronic products, computers, and optical products (8%).
Among the 34 localities that recorded increases in the IIP, many saw robust gains driven by a strong performance in processing, manufacturing, and electricity production and distribution. Notably, Hue posted a 43% rise, followed by Quang Ninh with 32% and Phu Tho with 27%.
However, in several provinces like HCM City and Cao Bang, slower growth in these key sectors along with declines in mining led to more modest gains in industrial output.
According to the NSO, employment in industrial enterprises continued to improve steadily. As of July 1, the workforce had increased by 1% compared to the previous month and by 3.9% year-on-year./.
