Vietnam's industrial production rose by 10.0 percent year-on-year in May 2019, accelerating from a 9.3 percent growth in the previous month. Output increased further for manufacturing (11.6 percent vs 10 percent in April); and water supply and waste treatment (8.4 percent vs 7.9 percent). On the other hand, production of electricity supply and distribution went up at a softer pace (11.0 percent vs 12.4 percent) and mining and quarrying output declined (-1.5 percent vs 2.4 percent). Considering the first five months of the year, industrial output grew by 9.4 percent compared to the same period a year earlier. Industrial Production in Vietnam averaged 9.15 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 9.10 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 7.00 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
2019-02-28 02:30 AM Industrial Production YoY 10.3% 7.9% 5.1%
2019-03-29 02:00 AM Industrial Production YoY 9.1% 10.3% 8.4%
2019-04-29 02:00 AM Industrial Production YoY 9.3% 9.1% 8.5%
2019-05-29 03:00 AM Industrial Production YoY 10.0% 9.3% 8.5%
2019-06-29 02:00 AM Industrial Production YoY 10.0% 9%
2019-07-29 05:00 AM Industrial Production YoY
2019-08-29 02:00 AM Industrial Production YoY


Vietnam Business Last Previous Highest Lowest Unit
Manufacturing PMI 52.00 52.50 56.50 43.60 [+]
Industrial Production 10.00 9.30 28.40 -10.10 percent [+]
Manufacturing Production 11.60 10.00 26.30 -12.40 percent [+]
Changes in Inventories 140219.87 130578.82 140219.87 530.00 VND Billion [+]
Car Registrations 26094.00 20106.00 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 -1.50 2.40 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 20300.00 18600.00 20300.00 671.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 9.30 28.40 -10.10 2009 - 2019 percent Monthly
2015=100, NSA




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 0.90 May/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -4.00 Apr/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


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