Business

November’s industrial production index up 17.2 percent year on year

Vietnam’s index of industrial production (IIP) in November rose by 17.2 percent against the same month last year, according to the General Statistics Office (GSO).
November’s industrial production index up 17.2 percent year on year ảnh 1Vietnam’s index of industrial production in November up 17.2 percent year on year - Illustrative image (Source: VNA)

Hanoi (VNA) – Vietnam’s index ofindustrial production (IIP) in November rose by 17.2 percent against the samemonth last year, according to the General Statistics Office (GSO).

In the month, the manufacturing andprocessing sector grew by 24.3 percent, while electricity production anddistribution increased 13 percent and water supply and waste and waste watertreatment rose 10 percent. However, the mining industry’s production fell by4.1 percent.

Between January and November, the IIP expandedby 9.3 percent, higher than the 8.7 percent recorded in the first ten months ofthis year and 7.4 percent recorded in the same period last year.

In the period, electronics, computers andoptical products grew by 31.5 percent, metal production by 15.4 percent, andrubber and plastics production by 13.7 percent.

According to the GSO, the northern provinceof Bac Ninh saw the highest year-on-year IIP increase of 35 percent, followedby the northern port city of Hai Phong (20 percent), the northern province ofThai Nguyen (18.3 percent), and southern Binh Duong province (10 percent).

As of November 1, the inventory index of theprocessing and manufacturing sector rose by 9.3 percent against the same periodlast year.

The number of labourers working inindustrial enterprises as of November 1 was 5 percent percent higher than ayear ago.

Localities that saw increases in the numberof labourers included Bac Ninh (20.3 percent), Da Nang (17.2 percent), HaiDuong (8.7 percent), and Vinh Phuc (7.6 percent).-VNA

VNA
#Vietnam #index of industrial production (IIP) #November #General Statistics Office #manufacturing and processing sector #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Drone is used in seeding, fertilising and pesticide spraying (Photo: VNA)

Greening agriculture through low-emission crop production

The scheme to sustainably develop 1 million ha of high-quality, low-emission rice in the Mekong Delta by 2030 is advancing, said Nguyen Quoc Manh, Deputy Director of the Department of Plant Production and Protection at the Ministry of Agriculture and Environment.

DACE launches organic spice processing, preservation and export plant in Cao Bang (Photo: VNA)

Cao Bang develops organic farming zones linked to European markets

Around 2,353ha of farmland in the province meets organic standards, including more than 2,332ha of spice-growing areas cultivating cinnamon, star anise and ginger that have obtained internationally recognised certifications such as USDA (US), EU and JAS (Japan).

Electronic components are produced at a factory in Hanoi. (Photo: VNA)

Hanoi's imports surge 41% in first eight months of 2026

Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.

Ben Thanh Market in Ho Chi Minh City attracts a large numbers of domestic and international visitor.( Photo: VNA)

Vietnam targets 50 million international visitors by 2030

The Ministry of Culture, Sports and Tourism has outlined three scenarios for 2027–2030. Under the high-growth scenario, international arrivals would rise 15–18 percent annually to reach 45–50 million, while domestic tourism would reach around 160 million trips. Total tourism revenue is projected at 80–90 billion USD.

Factories and production facilities in the Chu Lai Open Economic Zone, Da Nang city, are equipped with modern production lines. (Photo: VNA)

Ready-built factories gain from new manufacturing FDI wave

Ready-built factories attracted 73% of new manufacturing FDI in northern Vietnam over the past two quarters, as foreign investment continued to surge at the region's industrial hubs during the first eight months of 2026. The trend points to growing demand for premises that can be put into operation quickly.

Vietnamese durian industry pivots from volume to value

Vietnamese durian industry pivots from volume to value

Durian has morphed from a high-value crop into a strategic Vietnamese export. But as output climbs and importing markets tighten rules on quality, food safety and traceability, the industry must pivot from volume growth to sustainable value chains, better quality and diversified markets.

A display area for Mid-Autumn Festival cakes at a supermarket (Photo: VNA)

Mid-Autumn Festival cake market heats up at affordable end

Industry insiders say competition is no longer just about the cake itself. Product quality, packaging, brand reputation, delivery services and personalisation are increasingly shaping consumer choices in a market crowded with both domestic and foreign players.

Minister of Foreign Affairs Le Hoai Trung (Photo published by VNA)

Vietnam, India set 25 billion USD trade goal

Vietnam and India agreed to make better use of complementary strengths, ease market access difficulties and facilitate business activities toward achieving the 25 billion USD bilateral trade target.

Delegates at the meeting between Vietnamese businesses operating in Cambodia and the Council for the Development of Cambodia (CDC) on September 14. (Photo: VNA)

Vietnamese businesses seek to expand investment in Cambodia

Vietnam currently has 223 investment projects in Cambodia with total registered capital of nearly 3.4 billion USD. Vietnamese companies operate in agriculture, particularly large-scale farming, finance and banking, telecommunications, aviation, processing, trade and services.