Vietnam’s industrial production rose 14.4% year-on-year in August 2026, slightly below the 14.5% increase recorded in July, which had been the strongest growth in six months. The expansion was broad-based, driven primarily by manufacturing, where output climbed 15.0%. Water supply, waste management, and wastewater treatment activities also recorded robust growth of 14.9%. Electricity production and distribution advanced 12.5%, while mining output increased 10.4%.
Over the first eight months of 2026, total industrial production was up 11.4% compared with the same period a year earlier, representing the strongest growth for this timeframe in many years. On a monthly basis, industrial output rose 1.2%.
