FX.co ★ Vietnam Industrial Output Growth at 4-Month High

In May 2025, Vietnam experienced a notable 10.8% year-on-year increase in industrial production, up from a revised 9.6% growth in the previous month, marking the most significant surge since February. This month marks the fifth consecutive increase in industrial output, with most sectors showing acceleration. Manufacturing saw an increase of 12.1%, compared to 11.5% in May; the electricity and gas supply sector grew by 5.9%, up from 3.3%; and waste management increased to 14.3% from the prior 14.1%. Furthermore, mining activity demonstrated a recovery, increasing by 2.8% after experiencing a decline of 1.9%. On a month-to-month basis, industrial production rose by 4.1%, following a 4.3% rise in May. Over the first half of the year, industrial production expanded by 9.2%.