Industrial production sustained robust growth in the first six months of the year, with the Index of Industrial Production (IIP) rising by an estimated 10.8% year-on-year, marking the highest growth rate since 2019. The sector was primarily driven by improving export demand, investment from new projects, and the rapid expansion of production by businesses.

Viet Nam’s economy maintained positive growth momentum in the first five months of 2026, driven by strong industrial production, rising domestic demand, robust exports, and increasing foreign investment inflows, providing a solid foundation for the Government’s double-digit growth target this year.

The index of industrial production (IIP) in April 2026 was estimated to rise by 3% compared with the previous month and by 9.9% year-on-year. Overall, in the first four months of 2026, the IIP increased by 9.2% compared with the same period last year, according to the Statistics Office of Viet Nam.

In the opening month of 2026, the industrial production index is estimated to increase by 21.5% year on year.

Vietnam’s industrial production index (IIP) recorded robust growth in the third quarter of 2025, according to data released by the General Statistics Office on October 6.

After the merger, Ho Chi Minh City is reshaping its industrial production model towards smart, high-tech industry, using knowledge as a new growth driver to move towards an international megacity.

According to the General Statistics Office under the Ministry of Finance, the Index of Industrial Production (IIP) in May 2025 was estimated to have increased by 4.3% compared to the previous month and 9.4% year-on-year. Overall, in the first five months of 2025, the IIP rose by 8.8% compared to last year, a positive sign of industrial growth in the early months.

Ha Noi 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.

Vietnam's industry and trade sector has obtained encouraging results in 2022, contributing to the national socio-economic development. The following is a list of the 10 most outstanding events of the year as selected by the Ministry of Industry and Trade (MoIT).

Vietnam’s industrial production and retail sales slid down in October due to stalled demand at home and abroad, according to the Vietnam Macro Monitoring report released by the World Bank in Hanoi on November 16.