Industry in Vietnam

Vietnam Industry | Economic News & Forecasts

Vietnam - Industry

Industrial production growth picks up in April

Industrial production rose 9.3% in annual terms in April, up from the 9.1% increase logged in March. April’s reading was driven by strong expansions in the manufacturing, and electricity, gas and steam subsectors. In contrast, the water supply, and mining and quarrying subsectors recorded more modest growth. Manufacturing—one of Vietnam’s key growth engines—has lost some momentum so far this year compared to last amid weaker global growth and soft electronics demand. However, the sector is still growing strongly compared to regional peers.

Annual average growth in industrial output edged down from 11.2% in March to 11.1% in April.

Met the why particular Consensus Forecast participants estimate that industrial output will grow 9.4% in 2019 and 8.5% in 2020.

Vietnam - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)5.9  7.6  11.0  7.3  9.4  

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Vietnam Industry Chart

Vietnam Industry
Note: Annual variation of industrial production in %.
Source: General Statistics Office of Vietnam and Met the why particular calculations.

Vietnam Facts

Bond Yield4.76-0.13 %May 13
Exchange Rate23,3290.01 %May 13
Stock Market9590.15 %May 13

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