Keyword: "industrial production"

The robust performance was attributed mainly to an improvement in new orders and a longer working month, as January 2026 had six more working days than the same period last year.

January marked the seventh consecutive month of expansion for the manufacturing sector, underscoring the resilience of the recovery and a firm start to 2026.

Manufacturing – processing remained the backbone of industrial growth last year, with value added in this sector increased by 7.18%, contributing 0.85 percentage points to Hanoi’s overall GRDP growth.

With proactive efforts and clearly defined plans from the outset, many enterprises across Vietnam’s industrial sectors are confident about sustaining stable growth in 2026.

Industrial production rose by 9.2% for the year, accelerating from an 8.2% increase in 2024 and marking the strongest performance since 2019.

In the final month of 2025, Vietnam’s economy continues to show positive momentum, as sectors and localities step up efforts to meet annual targets.

Prime Minister Pham Minh Chinh stressed that to make a substantive contribution to national development, the industry and trade sector must also achieve double-digit growth, generate new jobs, strengthen traditional growth drivers such as export and consumption, and accelerate emerging engines of growth, including the green, digital, circular, knowledge-based and sharing economies.

Vietnam has made remarkable strides in industry and trade, particularly in exports and imports over the past 80 years, becoming the fourth-largest economy in Southeast Asia and one of the world’s top 30 exporting nations.

Findings from a recent business sentiment survey conducted by the NSO under the Ministry of Finance show that 37.3% of businesses expect better performance in Q3, while 43.5% forecast steady operations.

Despite challenges, Vietnam recorded positive econnomic signals during the first five months of 2025 as the Government stays steadfast in the growth target of over 8% this year and double-digit expansion beyond.

Its Consumer Price Index (CPI) increased by 4.27% in the first five months, impacting residents' budgets, according to a report by the city’s Statistics Office.

Hanoi recorded strong performance in five-month revenue from domestic sources, which reached 346.9 trillion VND to account for 73.2% of the annual target and mark a 55.4% year-on-year increase.

The Index of Industrial Production (IIP) in the first quarter of 2025 is estimated to increase by 7.8% compared to the same period last year, with the processing and manufacturing sector growing by 9.5%, continuing to be the main driving force of economic growth.

Businesses now play an increasingly vital role in socio-economic development, contributing about 60% of the national GDP, accounting for 98% of the country’s total export revenue, and generating jobs for some 85% of the workforce nationwide.

New industrial projects are expected to contribute about 5 trillion VND (197 million USD) to the industrial production value of the southern province of Ba Ria - Vung Tau in 2025, according to the provincial Department of Industry and Trade.

Industrial production recorded a growth rate of 8.4% in 2024 and this success promises to open up new opportunities for the Vietnam’s industrial sector in 2025.

Thailand's economy improved in October due to tourism, exports and private consumption, which was helped by the government's economic stimulus measures, according to the Bank of Thailand (BoT).

The practical application of 5G in the world as well as in Vietnam shows that this technology will be the main driving force for digital transformation and economic development in the future.

Many positive signs have been recorded in foreign trade, investment attraction, industrial production, and purchasing power during the first nine months of 2024, enhancing the confidence that this year’s GDP growth target of 7% is within reach.

Vietnam’s economy has recovered quickly despite external uncertainties and extensive damage caused by Typhoon Yagi, which has greatly affected all socio-economic activities and people’s lives.