INDUSTRIAL PRODUCTION EXPANDS 8.6% IN THE FIRST SEVEN MONTHS

Vietnam’s Index of Industrial Production (IIP) increased by 8.6 percent in the first seven months of 2025, the National Statistics Office (NSO) reported Wednesday.

The manufacturing and processing sector remains the primary driver of industrial growth

The manufacturing and processing sector continued to be the primary driver of industrial growth, expanding by 10.3 percent and contributing 8.5 percentage points to the overall IIP.

Other sectors also posted positive results, with electricity production and distribution rising by 4.6 percent, and the water supply, waste, and wastewater treatment sector growing by 10.4 percent. Conversely, the mining sector saw a 2.7 percent year-on-year decline, resulting in the overall IIP shrinkage by 0.4 percentage points.

Several provinces with large industrial bases reporting industrial growth include Vinh Long (up 4.5 percent), Quang Ngai (3.7 percent), Dong Nai (3.5 percent), and Ho Chi Minh City (3.4 percent).

On the other hand, some localities experienced decrease in industrial production, such as Quang Ninh (down 3.9 percent), Da Nang (2.5 percent), Bac Ninh (1.8 percent), and Hai Phong (0.6 percent).

Earlier, the S&P Global Viet Nam Manufacturing Purchasing Managers' Index (PMI) rose to 52.4 in July, indicating an improvement in the overall health of the manufacturing sector.

Source: VCCI

Related News

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19

The two newly added ICDs are Cai Mep in HCMC and Tan Cang-Moc Bai (phase one) in Tay Ninh Province. Cai Mep ICD, located in Cai Mep Industrial Park in Tan Phuoc Ward, HCMC and developed by Cai Mep International Logistics JSC, covers 9.15 hectares and has an annual handling capacity of about 133,000 TEUs, according to the Government news site (baochinhphu.vn).

Apr 09, 2026

BANKING / FINANCE / INSURANCE / TAX

HCMC CREDIT UP 1.5% IN Q1

Outstanding loans in the city reached an estimated VND5.28 quadrillion, up 0.77% from the previous month and 16.25% year-on-year, data from the State Bank of Vietnam’s Regional Branch 2 showed. Vietnam dong loans accounted for 96.1% of total credit and rose 1.46% from the end of 2025. Medium- and long-term lending made up 55% of total outstanding loans and increased 3.22%.

Apr 09, 2026

VIETNAM ECONOMY INVESTMENT

HCMC TO ESTABLISH CULTURAL INDUSTRY DEVELOPMENT FUND

The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.

Apr 09, 2026

HR / LABOUR/ EMPLOYMENT

EMPLOYEES’ AVERAGE INCOME INCREASES

Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.

Apr 09, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL

Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.

Apr 09, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH

Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.

Apr 09, 2026