Vietnam Industrial Production

Vietnam’s industrial production grew 10.8% year-on-year in November 2025, accelerating slightly from a downwardly revised 10.4% increase in the previous month. It marked the 10th consecutive month of expansion, driven by stronger growth in mining and quarrying (7.0% vs. 6.1% in October) and manufacturing (11.8% vs. 11.0%). In contrast, growth slowed in electricity and heat distribution (5.8% vs. 9.2%) as well as water supply, waste management, and wastewater treatment activities (6.5% vs. 7.8%). On a monthly basis, industrial production increased 2.2%. Over the first eleven months of 2025, industrial output expanded 9.3% compared with the same period a year earlier.