16:00 07/05/2025

Industrial production continues upward trend in 4M

Huyền Vy

The Index of Industrial Production (IIP) up 8.4% year-on-year.

Vietnam’s Index of Industrial Production (IIP) in the first four months of 2025 rose 8.4%  compared to the same period last year,  the National Statistics Office announced on May 6.

The manufacturing and processing sector continued to lead the growth with a year-on-year increase of 10.1%. Meanwhile, electricity production and distribution surged 5.1%, while mining dropped 4.5%.

The highest increase was seen in motor vehicle manufacturing (35.1%), followed by the production of leather and related products (16.7%), and the production of rubber and plastic (16.4%).

Sixty-two of the total 63 centrally - run cities and province recorded an increase in the IIP during the period, while only southern Ba Ria-Vung Tau province suffered a decline of 3.2%.