Vietnam's industrial production rose by 6.8 percent year-on-year in June of 2021, slowing from an upwardly revised 11.8 percent gain a month earlier. This was the fourth straight month growth in industrial output on the back of the ongoing COVID-19 pandemic, with output rising at softer rates for both manufacturing (11.6 percent vs 14.4 percent in May), and electricity, gas supply (8.6 percent vs 12.7 percent). In addition, mining production dropped further (-6 percent vs -5.9 percent). On the other hand, the output of water supply and waste treatment grew faster (6.8 percent vs 4.1 percent). Considering the first six months of the year, industrial output advanced 9.3 percent over the same period of 2020. source: General Statistics Office of Vietnam

Industrial Production in Vietnam averaged 8.72 percent from 2009 until 2021, reaching an all time high of 28.40 percent in January of 2010 and a record low of -10.50 percent in April of 2020. This page provides the latest reported value for - Vietnam Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Industrial Production in Vietnam is expected to be 8.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Vietnam to stand at 5.50 in 12 months time. In the long-term, the Vietnam Industrial Production is projected to trend around 6.90 percent in 2022, according to our econometric models.

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Vietnam Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
6.80 11.80 28.40 -10.50 2009 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-29 02:00 AM Mar 3.9% -8.3% 6.5%
2021-04-29 02:00 AM Apr 24.1% 3.6% 6.5%
2021-05-29 02:00 AM May 11.6% 22.2%
2021-06-29 02:00 AM Jun 6.8% 11.8% 8.3%
2021-07-30 02:00 AM Jul 6.8% 5.2%
2021-08-31 02:00 AM Aug
2021-09-30 02:00 AM Sep
2021-10-29 02:00 AM Oct


News Stream
Vietnam Industrial Output Growth Eases
Vietnam's industrial production rose by 6.8 percent year-on-year in June of 2021, slowing from an upwardly revised 11.8 percent gain a month earlier. This was the fourth straight month growth in industrial output on the back of the ongoing COVID-19 pandemic, with output rising at softer rates for both manufacturing (11.6 percent vs 14.4 percent in May), and electricity, gas supply (8.6 percent vs 12.7 percent). In addition, mining production dropped further (-6 percent vs -5.9 percent). On the other hand, the output of water supply and waste treatment grew faster (6.8 percent vs 4.1 percent). Considering the first six months of the year, industrial output advanced 9.3 percent over the same period of 2020.
2021-06-29
Vietnam Industrial Output Rises for 3rd Month
Vietnam's industrial production rose by 11.6 percent year-on-year in May of 2021, slowing from a downwardly revised 22.2 percent surge a month earlier. This was the third straight month growth in industrial output on the back of the ongoing COVID-19 pandemic. Output rose at a softer rates for manufacturing (14.6 percent vs 26.4 percent in April), electricity, gas supply (12 percent vs 19.8 percent), and water supply and waste treatment (6.8 percent vs 11.8 percent). At the same time, mining production dropped much faster (-9.8 percent vs -0.7 percent). Considering the first five months of the year, industrial output advanced 9.9 percent over the same period of 2020.
2021-05-29
Vietnam Industrial Output Growth at Over 11-Year High
Vietnam's industrial production surged 24.1 percent year-on-year in April of 2021, following a downwardly revised 3.6 percent rise a month earlier, amid an accelerated pickup in factory activity in the wake of the COVID-19 pandemic. This was the second straight month of growth in industrial output and the steepest pace since January 2010, boosted by higher output in manufacturing (29.1 percent vs 5.5 percent in March), electricity, gas supply (16.4 percent vs 3.4 percent), and water supply and waste treatment (11.1 percent vs 8.7 percent). In addition, mining production increased by 1.8 percent, after falling 8.3 percent in March. Considering the first four months of the year, industrial output advanced 10 percent over the same period of 2020.
2021-04-29
Vietnam Industrial Output Grows 3.9% YoY in March
Vietnam's industrial production rose by 3.9 percent year-on-year in March of 2021, following a revised 8.3 percent fall a month earlier, amid a rebound in factory activity in the wake of the COVID-19 pandemic, with output rising for most sectors: manufacturing (5.5 percent vs -5.8 percent in February), electricity, gas supply (3.4 percent vs -2.3 percent), and water supply and waste treatment (8.7 percent vs 0.1 percent). At the same time, mining production fell much softer (-8.3 percent vs -23 percent). Considering the first three months of the year, industrial output advanced 5.7 percent over the same period of 2020.
2021-03-29

Vietnam Industrial Production
In Vietnam, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.