Vietnam's industrial production rose by 9.7 percent year-on-year in July 2019, following a 9.6 percent growth in the previous month. Output growth accelerated for electricity supply and distribution (10.5 percent vs 8.6 percent in June), water supply and waste treatment (7.4 percent vs 6 percent), and mining and quarrying (4.4 percent vs 4 percent). Meanwhile, manufacturing production growth slowed to 10.4 percent from 10.6 percent. Considering January to July, industrial output grew by 9.4 percent compared to the same period 2018. Industrial Production in Vietnam averaged 9.16 percent from 2009 until 2019, reaching an all time high of 28.40 percent in January of 2010 and a record low of -10.10 percent in February of 2013.

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 8.00 in 12 months time. In the long-term, the Vietnam Industrial Production is projected to trend around 6.90 percent in 2020, according to our econometric models.

Vietnam Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-29 02:00 AM Industrial Production YoY Apr 9.3% 9.1% 8.5%
2019-05-29 03:00 AM Industrial Production YoY May 10.0% 9.3% 8.5%
2019-06-28 02:00 AM Industrial Production YoY Jun 9.6% 10.0% 9%
2019-07-29 02:00 AM Industrial Production YoY Jul 9.7% 9.6% 8.9%
2019-08-29 02:00 AM Industrial Production YoY Aug 9.7%
2019-09-28 02:00 AM Industrial Production YoY Sep 8.3%
2019-10-29 02:00 AM Industrial Production YoY Oct


Vietnam Business Last Previous Highest Lowest Unit
Manufacturing PMI 52.60 52.50 56.50 43.60 [+]
Industrial Production 9.70 9.60 28.40 -10.10 percent [+]
Manufacturing Production 10.40 10.60 26.30 -12.40 percent [+]
Changes in Inventories 140219.87 130578.82 140219.87 530.00 VND Billion [+]
Car Registrations 25828.00 26207.00 32511.00 2992.00 [+]
Internet Speed 9503.83 8250.20 9503.83 702.84 KBps [+]
IP Addresses 8616202.00 8120243.00 8616202.00 739771.00 IP [+]
Mining Production 4.40 4.00 14.80 -17.70 percent [+]
Competitiveness Index 58.05 57.94 58.05 4.02 Points [+]
Competitiveness Rank 77.00 74.00 77.00 56.00 [+]
Ease of Doing Business 69.00 68.00 99.00 68.00 [+]
Electricity Production 21100.00 20100.00 21100.00 671.00 Gigawatt-hour [+]
Corruption Index 33.00 35.00 35.00 24.00 Points [+]
Corruption Rank 117.00 107.00 123.00 43.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.70 9.60 28.40 -10.10 2009 - 2019 percent Monthly
2015=100, NSA




Country Last Previous
Argentina -6.90 Jun/19
Australia 1.20 Mar/19
Brazil -5.90 Jun/19
Canada 2.14 Apr/19
China 4.80 Jul/19
Euro Area -2.60 Jun/19
France 0.00 Jun/19
Germany -5.20 Jun/19
India 2.00 Jun/19
Indonesia 2.60 May/19
Italy -1.20 Jun/19
Japan -3.80 Jun/19
Mexico -2.91 Jun/19
Netherlands -1.90 Jun/19
Russia 2.80 Jul/19
Saudi Arabia 1.40 Dec/18
Singapore -6.90 Jun/19
South Africa -3.20 Jun/19
South Korea -2.90 Jun/19
Spain 1.80 Jun/19
Switzerland 4.30 Mar/19
Turkey -3.90 Jun/19
United Kingdom -0.60 Jun/19
United States 0.50 Jul/19


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